Loan
Emergency Loans
This product is designed to help our customers in unexpected emergencies. With the understanding that these are unplanned urgent circumstances, we do our best to ensure disbursement of this loan is done within the shortest time to help our members.
Features
- Maximum granted is Kshs 100,000
- Maximum repayment period is 12 months
- Interest rate is 10% on a reducing balance
- Loan disbursed within 24 hours
Special Emergency
- Maximum granted is Kshs 300,000
- Repayment period is 12 moths
- Interest rate is 5% per month on reducing balance
- Disbursed within 24 hours
How to Apply
To apply for emergency loan, you need to fill the loan application form. Attach required documents (depending on the emergency at hand).
Ensure part 4 is signed by at least one guarantor (In case it is not a self-guarantee or having a collateral/ loan security).
Hospital bill invoice, burial permit, cash bail (For special emergency depending on the emergency at hand).
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