Product Features

·         Interest rate: – 10 % per annum or (0.83% per month) on reducing balance

·          Repayment period: – 48 Months

·          Maximum Amount: – Kes.500,000/=

·          Application: Online portal,

·          Clearance: Clear all loans including outstanding M-Kimisitu loan.

·          Processing: Within a day

·          Offset Fees: 3%

       Can be applied as a stand -alone loan

 Loan Qualifications

·         Member should have saved consistently for at least 3 months

·         Multiplier: All loans to be within ×3 of your deposits

·         Loan to be fully guaranteed (Guarantors can sign online)

·         Must provide evidence of ability to pay, i.e. latest certified pays lip or 6 months certified bank statements and standing order.

·          Confirmation by the employer (can be done through email)

Product Lifespan

Product offer period:  From 5th June to 6th September 2020.

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Contact Details

AEA Plaza, Valley Road
P.o Box 10454 00100
Nairobi, Kenya
CALL CENTER: +254 709 136 000