Chamaa Business Loan
FEATURES
- Loans up to Kshs. 5,000,000 repayable within 36 years
- Multiplier of X2 of savings
- Interest rate of 1.3% monthly
- Loan guaranteed by the savings and/or collateral
- Individuals can access loans against Chama savings as minutes.
- Loan’s appraisal fees of 1% shall be charged.
- Insurance charge of 2% shall be charged
- All legal fees/costs shall be borne by the group
