Registered to Groups
- Must have saved for a minimum of six months
- Maximum amount 3 times of savings or Kshs.2Million whichever is lower subject to ability to repay within 70% of the monthly savings
- The interest rate to be 15% per month on declining balance.
- Maximum repayment period 36months
- Tangible collateral or guarantee by the group members
- The minimum monthly contribution after borrowing should be at least 1% of the loan
- Application must be signed by authorized signatories
- At least one member to donate the security.