This loan facility is available to members of the SACCO Who would like to acquire plots at any location within the Republic of Kenya.
Features
| Target Members | All Active members of Sheria Sacco( Individual Persons and Groups) |
| Purpose of Loan | Acquire land within the republic of Kenya ( Urban, Semi-Urban and Rural Agricultural land) |
| Maximum Amount | Kshs. 5,000,000 or 100% of Market Value |
| Period | 60 Months |
| Interest Rate | 1% P.m. |
| Insurance Fee | 0.5% of the net loan |
| Deposit Multiplier | 5 times member deposits |
| Security | Land Acquired |
| Processing fee | Kshs. 1000 |
WANT A LOAN ?
Apply For a Loan Today