School Fees Loan

Members of school saving product are eligible to this loan at an interest rate of 1% per month on the reducing balance. Members can get the total school fees shares x 2.5 and repay the loan within a maximum period of 12 months. Maximum loan amount is Kshs. 500,000. This loan requires a minimum of 3 guarantors.

Refinancing Rates

1-6 months – 10% of the loan balance
7-12 months – 5% of the loan balance