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Email: info@kencreamsacco.co.ke
Phone: 0203 980 100 / (254)703-756-350
Super Loan
Super Loans are available to all active members who have been SACCO members for at least 6 months. The loan is guaranteed 4 times the deposit held with the society but subject to ability of the member to pay.
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- Available to all active members
- Granted FOUR times the deposits held with the society but subject to ability to repay
- Interest rate of 14% p.a on reducing balance
- Security is guarantors and own deposits
- Should have been a member for at least 6months
- 1/3 of the payroll deductions applies
- Appraisal fee of 2.5% upfront
- Available within 14-30 working days
- Maximum repayment period is 60 months.