Development loan offers an opportunity for individuals to access financing that can make a significant difference in their lives, whether it’s by providing a home for their family, investing in a business or pursuing other personal aspirations. With development loan, members can take control of their financial future and make their dreams a reality.
- Loan limit of Kshs. 5,000,000
- Multiplier of X3 member deposits
- Available to members who do not have Jipange Loan
- Repayable in 60 months
- Interest charge of 1% per month on reducing balance.
- Loan top up at one off fee of 5% on the balance
