This facility is available to members who have serviced their loans faithfully for atlest 6 months.
The amount will be normally the difference between what one qualifies (2 times your shares) and the outstanding loan.
Have maintained an active account with the sacco for at least three Months
Wide range of securities are acceptable ( Motor Vehicles, Properties, Term Deposits, Guarantors)
Facility is repaid within a period of 12 months
Attractive Interest rates
Response time within 24 hours