Dharura Loan
This is a loan advanced to members who wish to settle urgent matters e. g court fines, land rates, hospitalization.
Features of Dharura Loan
- Maximum amount should not exceed (3) times members total contribution
- Maximum amount is 750,000/=
- Maximum repayment period is 12 months
- The loan must be fully guaranteed by guarantors
- Interest rate is 1% on reducing balance.
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