This product is for the purpose of paying College or University fee only.

Requirements

1. The Member MUST attach fees structure/s on the application form
2. The SACCO may issue Banker’s Cheque in favor of the Institution indicated.
3. The Loans is repaid within a period of 24 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 is 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 ksh50 will be charged on all loan products, which may change from time to time.