Are you looking for something golden? Look around us; we have it.
The gold loan is a product intended to empower members undertake development projects with long term benefits e.g. Business ventures and other investments.
Benefits
-
- Manageable repayment amounts.
- Longer repayment period.
- Interest is on a reducing balance.
Features
- Repayment period of 72 months.
- Interest rate of 14% p.a on reducing balance.
- Maximum entitlement is 4 times total deposits plus shares.
- Guarantors and acceptable collaterals required.
- You can offset other loans with the Sacco at 5% interest.
- Terms and conditions on self- guarantee apply