The Daraja Loan is a loan product for members under Daraja category and deposit a minimum of KES. 1,000 per month.
Loan Features:-
- Member must be actively contributing deposits for six months.
- Member should be earning KES. 30,000 and below to qualify.
- Interest rate of 1.2% per month on reducing balance.
- A minimum of 6 guarantors is required to qualify for the loan.
- The loan has a flexible maximum repayment period of 24 months.
- Assesed at two times your Deposits. (Daraja category)