Flex loan facility is specifically designed to assist members who are looking to grow and strengthen their investments. It provides financial support to those who wish to expand their investment portfolios, enabling them to take advantage of new opportunities or increase their current holdings, thereby fostering long-term financial growth and stability.
Loan Features:
- Loan Amount: Loan amount is 3 times the non withdrawable deposits up to a maximum limit of Kshs. 3 Million.
- Repayment Period: Within 24 months.
- Interest Rate: Interest shall be charged on an amortized basis.
- Collateral: Applied loan amount should be fully secured with a minimum of 3 guarantors.