This is a loan granted towards the purchase of household appliances such as Water Tanks, TV’s, Fridges, Cellphones, Cookers, Solar Systems, Generators, Construction Materials and general home improvements.
The maximum loan amount granted is Kshs. 1 million.
Repayment period is a maximum of 36 months.
This loan is subject to 3 times the deposits.
Interest rate is 1% per month on reducing balance.
A one-off processing fee of Kshs. 350.00 is charged on every loan application.
