Normal Loan

The loan shall be granted for productive purposes. Must have been a member of the sacco for six months.
Applicant may be required to attach supporting documents as proof of project viability.
Pay slips or other documents as proof of ability to repay the loan. Only one Normal loan shall be granted at a time.
Repayment period for the Normal loan shall not exceed 60 months. The interest rate shall be 1% per month on reducing balance.
Turn around is within two weeks after approval.

Requirements

A coin, a day