School Fees Loans

ShortTerm Loans 01 January 2020

The is purpose of the education loan is to provide short-term finance for education of the members and their dependents in schools, colleges and universities.

Features

No maximum amount
Repayment period - 12 months
Interest rate on a reducing balance
Fees structure should be attached as proof of school fees
Cheques are raised in the name of the school where applicable
Only one school fees loan may be granted at any one time

BENEFITS

Reducing Balance Interest rate
No hidden Charges
Fast Processing
Flexible repayment
Clear Terms and Conditions

Requirements

You need to be a Sacco member (Open an account if not yet a member).
A duly completed loans application form
Original ID Card as well as a copy
Loan Documents needed to complete the application
Shares and Deposits

Loans Available

School Fees Loan payable within 1 year
Higher Education Loans to facilate purchase of items such as laptops, and pay the semester fee

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Short Term Loans