Quick Cash Loan

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In addition to our wide range of financial products and services, UNSACCO provides loans services to its customers. The information.

Details: Written by JUDITH MWONGELI; Category: FOSA Loan Products; Published: 23 October 2019; Hits: 102

Minimum Qualifying amount is KShs. 5000.00 while the maximum amount is KShs. 60,000.00 subject to member’s individual scoring.
An interest rate of 5% is recovered upfront from the amount borrowed.
Maximum repayment period is 30 days from the day of disbursement.
A member must be registered for mobile banking services to access this product.
A member can borrow as many times as possible so long as s/he does not have an outstanding QC loan.
Repayments of the QC loan are done by direct deposit to FOSA or mobile deposits followed by self-initiated transfer to the loan.
A penalty of 1% is recovered and loaded on to the loan in case of default.

Eligibility for this product is a continuous membership period of at least 6 months with consistent regular monthly contributions.