This product is for the purpose of paying School fee only.

Requirements

1. The Member MUST attach fees structure/s on the application form.
2. The SACCO may issue Banker’s Cheques in favor of the School indicated.
3. School fees Loans are repaid within a period of 12 CALENDER months.
4. The SACCO charges an interest of 1.25% per month on reducing balance.
5. The product does not have the upper limit but it’s determined by the member’s ability to repay
6. An insurance fee of 1% shall be charged on the Loan amount approved.
7. Form fee of ksh 50 will be charged on all loan products which may change from time to time.