This loan is specifically designed to facilitate the acquisition of assets. The funds are provided in the form of a cheque, which is made payable directly to the supplier, ensuring a smooth transaction for the purchase of the intended asset.
Loan Features:
- Loan Amount: Maximum limit of Kshs.500,000, Loan amount is 25% of the deposits.
- Period: Within 6 months.
- Collateral: Applied loan amount should be fully secured