Karibu Loan

This is a loan for members who have been with the Sacco for less than 6 months.

  • One must have been a member for at least 3 months.
  • The maximum loan amount granted is Kshs. 500,000.
  • Repayment period is a maximum of 12 months.
  • This loan is subject to 3 times the deposits.
  • Interest rate is 1.5% per month on reducing balance.