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Development Loan / Normal Loan

Home Development Loan / Normal Loan

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Development Loan / Normal Loan

Normal/development loan is available to all active members whereby they are guaranteed 3 times the deposits held with the society but subject to ability to repay with an Interest rate of 13.5% p.a reducing balance. Security is guarantors and own deposits.

  • Available to all active members
  • Granted THREE times the deposits held with the society but subject to ability to repay
  • Interest rate of 13.5% p.a reducing balance
  • Security is guarantors and own deposits
  • Should have been a member for at least 6months
  • 1/3 of the payroll deductions applies
  • Available within 14-30 working days
  • Maximum repayment period is 48months

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Email: info@kencreamsacco.co.ke
Phone: 0203 980 100