Deposits Boosting Facility

Borrow to increase deposits for higher loan eligibility
Terms:

• Up to 100% of deposits (Max Kshs 200,000)
• Available once every 12 months

Fees:

• 10% one-off on boosted amount
• Additional insurance premium applies

Recovery:

• Deducted at loan disbursement

Requirements:

• Minimum 12 months membership

Not applicable to:

• Salary Advance, Dividend Advance, Junior Loan, Jipange Loan, Karibu Loan, M-Jisort Loan

Note:

• Lump sum deposits attract 10% fee
• No 6-month waiting period for multiplier qualification