Karibu Loan

Purpose

This is a loan facility advanced to new members who wish to take out a loan before the 3 months of membership period is over

Features:
•    5% p.m. straight line basis –payable in 3 months equals to one month salary  upon  confirmation  by the employer.
•    Interest rate is 5% per month straight line
•    Quick loan processing: 3 days maximum  
•    Maximum repayment period is 3 months
•    Security options: Guarantors’ deposits
•    1% once off  processing fee