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Development Loans

  • These are loans for development purposes and forms a major portion of loan
  • Loans are processed as received.
  • Disbursement is within 20-30 days from receipt of correctly filled and all required attachments included, of the Loan application form.
  • Maximum Repayment period is 60 months at an interest rate of 13.5% per annum on a reducing balance.
  • Maximum Entitlement is 4 times the member’s deposits.
  • The Maximum limit is KES 2 Million

Download Application Form