Soko Loan

soko-loans

Benefits
  • This is to enable members to access quick loans for their businesses – e.g. buy stocks
  • Maximum loan amount is Kshs. 10,000
  • 3 Months savings – subject to the requirements below
  • A member is allowed to pay for his shares in installments.
  • Shop can be used as security
Requirements
  1. Maximum Loan – is 3 times Savings
  2. Copy of ID
  3. Security – Guarantor
  4. Save atleast 3,500 to qualify