This loan helps Kentours Sacco Members to buy land in Kentours Housing Co-operative Society. Payment is made directly to Kentours Housing Co-operative Society.
- Qualifying Loan is 3 times a
member’s deposits subject to a maximum amount of Kshs. 1,000,000.
-
Full Sacco Membership of at
least 6 months.
-
Maximum loan period is 48
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 7 working days.
