Features
- Meant for meeting member needs who already have development loan and need more than Kes. 200,000 limit offered by Emergency loanm chattels loans and masomo loan.
- Can be used to bridge other loans, in that one can merge a simu loan IPF loan etc into one by taking this loan.
- It is subject to the 3 times multiplier on savings ( a member’s total sacco loan balances should not exceed 3 times their savings).
- It offers flexibility in payment with a longer repayment of up to 48 months.