- This is to enable members to access quick loans for their businesses – e.g. buy stocks
- 1 Months savings – subject to the requirements below
- A member is allowed to pay for his shares in installments.
- Loan to be processed within 48hrs
- Shop can be used as security
- First Time Borrower – maximum is Kes 300,000/- or 1.5 times the savings , whichever is higher .
- 1 month savings only –Subject to a minimum of saving 8 times per month
- Maximum Loan – is 3 times Savings
- Repayment period is 18 Months
- Copy of ID
- Copy of PIN
- 6 Months Bank Statement
- Security – can either be a Title/Shop/Log book/Savings /Guarantor