LOAN CHAP CHAP
This loan type is based on one’s deposit and is only accessed through the Mobile Application.
- This is a type of loan secured by one’s deposits.
- The loan interest rate is 4.65% per month.
- A member has to be active for at least three consecutive months and has paid minimum share capital
- Security is 80% of one’s available deposit
- As a repayment period of up to 3 months
- Loan amount limited up to KES 50,000