Special Occassion Loan
The loan is advanced to members who wish to have their weddings, holiday vacations, anniversaries etc. in a special way.
Features of Special Occassion Loan
- Maximum amount should not exceed (3) times members total deposits.
- Maximum amount is 200,000/=
- Maximum repayment period is 6 months
- The loan must be fully guaranteed by guarantors
- The member must proof repayment capability.
- Interest rate is Ksh 2.25% per month