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It is part of the funds that the member will be contributing by investing in the Association so that they will be able to borrow when needed.
Benefits of Savings:
This type of loan is given to the active member whenever there is an emergency. As the name of this loan explains itself, this type of loan will be given to a member who has an emergency (emergency) only to help him at the relevant time
The maximum amount of the emergency loan is two million shillings (2,000,000/=) only.
The interest rate is ten (10) percent for 6 months (Reducing method)
The following events may be urgent for a member
This type of loan is provided with the aim of assisting the member in meeting his educational needs such as school/college fees, transport, accommodation & more
This type of loan is given with the aim of helping the member in meeting his social needs such as