Mega Loan is a loan product with the following features:
- Loan repayment period up to seventy two (72) months.
- Can be taken as a stand-alone loan.
- Can be used to bridge Special Development, Normal Development, Emergency and Education loans.
- Can be used to buy loans from other financial institutions.
- A one off charge of 3.5% of loans being bridged or bought will be charged.
- Can be secured through guarantors and/or collateral. ·
- Interest at 1.2% per month on reducing balance. ·
- 2/3 rule applies where applicable. ·
- Loan will be given up to three times a member’s deposits. ·
- Proof of other sources of income apart from payroll applies.
Watch Our Video
Powered by BreezingForms
· Access M-Kimisitu loan, 80% of your deposits to a maximum of Ksh 60...read more
Start harvesting!!! Kimisitu Dividend discounting is here! Effectiv...read more
M-Kimisitu Mobile Loan Features Product Name: M-Kimisitu Feat...read more
Woodlands road, Opposite IFRC
P.o Box 10454 00100
CALL CENTER: +254 709 136 000