Jamii Instant Loan

This Short-term Loan Product is granted after a member joins the Sacco and the first deposits have been recovered and remitted..

Maximum loan of Kshs. 300,000.
Maximum repayment period of 20 months.
1/3 of the loan granted is to be transferred to deposits and Kshs. 20,000 creditted to the share capital account.
Interest rate of 1.04% per month or 12.5% per annum on reducing balance.
Ability is to be computed based on the 1/3 rule of the member's salary.

You can apply for this loan by filling and submitting the loan application form.