Loyalty Loan

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In addition to our wide range of financial products and services, UNSACCO provides loans services to its customers. The information.

Details: Written by Georgina Winters; Category: BOSA Products; Published: 11 January 2017; Hits: 7249

This loan is designed for members who have been loyal to the UN SACCO for over 7 years.
Features

The amount borrowed is up to a maximum KShs. 20 Million.
The repayment period is not pegged to the contract period as long as the contract is over 6 months
The loan shall attract interest rate of 12% per annum on a reducing balance.
Membership spanning at least three months
Qualifying loan is 3 times member's deposits. Once taken, premium loan is foregone.