Karibu Loan

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Email: info@kencreamsacco.co.ke
Phone:020 3980100 / (254)703-756-350

Karibu Loan Requirements for Application

    • Available to newly employed NKCC Staff
    • Maximum amount applicable is 50,000
    • Interest rate of 1.5 % p.m on straight-line method
    • Security is own payslip and guarantors
    • A 2.5% upfront charge
    • Should have been a member for at least 1 month
    • 1/3 of the payroll deductions applies
    • Maintain a minimum Net-Take-Home pay of 10% for those who process salary in FOSA
    • Maximum repayment period is 6 months.

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