Okoa loan is designed for members who already have an existing loan and need additional financing to complete a project or business. With this loan, members can access the funds they need to finish their existing ventures without delay.
- Loan limit of Kshs 5,000,000
- Multiplier of X3 member deposits
- Loan top- up facility available.
- Repayable in 48 months.
- Interest rate 1.3% per month on reducing balance