SUPER SCHOOL FEES LOAN
This loan is tailored to cover fees for colleges, universities, and other tertiary training. Money is mainly paid to the respective institution upon provision of the relevant documents.Members are able to meet education expenses without being inconvenienced.
- Qualifying loan is 3.5 times a member’s deposits subject to a maximum amount of Kshs. 750,000.
- Full Sacco membership of at least 6 months.
- Maximum loan period is 24 months.
- Interest is charged at 1% 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.