It’s a loan granted against member’s deposits.
- a maximum of 95% of members deposits security
- a flexible repayment period of 30months
- 10% interest rate P.A /reducing balance
QUALIFICATION FOR LOANS
The member must have made the minimum deposit contribution for a continuous period of 6 months and must have paid up the required share capital.
How to make payments
Cash deposits must be made in the Sacco’s bank account at co-operative bank, co-operative house branch account number 01120000545800 Cheques are drawn in favour of “Dhamini SACCO Society LTD”
PAYBILL NO: 375900
This is a loan product granted for purchase of personal/home products.
ü Repayment period is 12months
ü Interest is 13% P.A on a reducing balance method
ü Maximum amount is Ksh 100,000/=