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Email: info@kencreamsacco.co.ke
Phone: 020 3980 100 / (254)703-756-350
Emergency Loan
This is a loan available to people who have saved for 6 months and above.It is available within 1 to 2 working days
Requirements
- Available to all active members
- Granted THREE times the deposits held with the society but subject to ability to repay
- Interest rate of 12% p.a on reducing balance
- Security is guarantors and own deposits
- Should have been a member for at least 6 months
- 1/3 of the payroll deductions applies
- One should attach proof of emergency, e.g. hospital bills, court fines etc.
- Repayable within one year