This loan is designed to help new staff members to settle down smoothly in their new stations of work.
- Member qualifies after first payroll deduction and raising minimum share capital of 50, 000 Kenyan Shillings.
- Maximum loan is 3 times monthly basic salary up to a maximum of KShs. 1,000,000.
- Interest rate is 14.5% per annum.
- Repayment period is up to a maximum of 12 months or contract period whichever is shorter.