The purpose of this product is mainly to assist members pay school fees for themselves or the children.
Basic Requirement
- One must be a member of Jamii Sacco
- One must have contributed for at least 6 months
- Interest rate is 1% per month or 12% per annum on reducing balance
- A duly Completed loans application form
- Original current pay slips for three months
- A copy of the members national identity card
- Loan must be guaranteed.
Benefits:
- Granted 3 times the total member deposits
- Payable in 12 months.
- Available within 24 hours
