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