KARIBU LOAN Product DescriptionThis is a loan for members who have been with the Sacco for less than 6 months.FeaturesQualifying Loan is 3 times a member’s deposits subject to a maximum amount of Kshs. 500,000.Full Sacco membership of less than 6 months.Maximum loan period is 12 months.Interest is charged at 1.5% per month on reducing balance.Security options: Guarantors’ deposits, member’s own deposits, motor vehicle logbook, Kentours Housing land title deed, life assurance policy.Evidence of ability to repay: Latest pay slip.Approved within 3 working days.