The M-Kimisitu loan is a mobile based facility that enables members to access funds instantly on their mobile device. This can be accessed through USSD *503# or downloading ‘Kimisitu Money’ from App Store or Google Store.
Features:
- A member can access a maximum of Ksh.300,000
- Repayment period maximum 6 months
- Eligibility will be determined by the scoring below criteria: -
- Member Deposits
- Membership Status
- Character
- Loan Exposure
- Average Monthly Contributions Consistency
- No Membership of Years/Months
- Default History