This will be through providing both short term and long term credit facilities to members to provide the much-needed working capital.
The installment amount to be decided after the loan has been approved before disbursement.
10% of the loan amount will be deducted from the loan and credited to members’ savings accounts shared equally to go towards savings and share capital accumulation.
Loan guarantors who are also members of the SACCO.
No Top-up loans will be done to the members.
Long term loans commence after 6 months of consistent savings of the agreed minimum amount per month and Share capital of Kshs. 1,000.00 fully paid. At this point, the members enjoy the common benefits of a fully-fledged member in addition to the negotiated package.