Mobile Loan
Features
- Maximum amount Kshs.45,000 for salary earners
- Instant processing time
- For non-salary members limit is Kshs. 35,000
- Must have been a member for at least 6 months
- Must have share capital
- Cannot qualify more than share deposits held.
- Initial amount is Ksh.5,000 and increase by same amount after one month of proper repayment.
- Repayment period is from 1 to 2 months
- Default attracts interest rollover and penalties.