This Loan is granted three times of the member's total deposits is repayable in 48 months.
- One must be a member of Jamii Sacco
- One must have contributed for at least 6 months
- Interest rate is 1.06% per month or 12.75% 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
- One third (1/3) rule is applicable
- Loan must be guaranteed.
- Quick processing and disbursement
- Payment period is 48 months
- Adjudicated once a month