Midterm Loan
Terms
• Maximum repayment period of 36 months
• Interest rate at 1.25% per month on reducing balance
• Maximum eligibility 3 times deposits subject to 1/3 rule
Requirements
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline
Within 48 working hours upon receipt of complete documentation.
Midterm Loan Form (6895 downloads) Download here