Household loan

This is a Type 2 loan.
This product is for the purchase of household items.
The multiplier effect is 3 times the member’s deposits.
Repayment period up to a maximum of 18 months.
The interest rate shall be 1% per month on a reducing balance.
The maximum loan amount is Ksh.500,000
A commission of KSh.500 is charged on every transfer done in favor of the vendor.
A member qualifies for only one Household loan at any given time.

Recent loan details

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