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