Qaribu Loan

The wait is over for all new members! Are you a new member who has consistently contributed for a period of at least 3 months and in need of money? Finnlemm Sacco proudly brings you Qaribu Loan!

Features:

  • Access up to Kes. 500, 000
  • Maximum repayment period of 24 months
  • Interest charged at 1 % per month on a reducing balance method
  • Loan can be secured by either guarantors or approved collateral

Requirements:

  • Loan application must be supported by the members three latest pay slips or certified 6 months bank statements
  • In addition to the current Sacco tariffs, a qualifying member shall pay a 1% charge of the approved loan amount