Special flex loan

Loan Features:

1. Special Flex Loans will be issued to members who participate in the Special Flex Savings scheme.
2. Maximum special flex loan is three times a members deposits in the special flex scheme subject to ability to repay.
3. Minimum monthly special flex deposits contribution is at KES. 1,000.
4. Maximum repayment period is at 48 months.
5. Interest will be at 15% per annum on reducing balance.
6. Savings under the scheme shall not participate in the normal loan granting.
7. Minimum of six guarantors is required.