Long term salary loan advanced to permanent employees of the Sacco who have worked with the Sacco for minimum two years.
LOAN FEATURES
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Maximum loan granted will be limited by 2/3 rule.
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Interest rate of 10% per year on a reducing balance.
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Loan guaranteed by salary, employment benefits, deposit ,guarantors and accepted personal assets.
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Maximum repayment period is 60 months.
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Crb referencing of kshs 200
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Affidavit of kshs 200