Normal Loan
This loan is also known as development loan. It targets small-scale businesses for working capital, business expansion, and purchase of fixed assets like land, farming equipments, motor vehicles etc.
Member can also access top-ups under this facility.
Normal loan cycles:
- First cycle: from zero to 30,000 kshs where savings are multiplied five times
- Second cycle: from zero to 100,000 kshs where savings are multiplied three times
- Third cycle: from zero to 300,000 kshs where savings are multiplied three times
- Fourth cycle: from zero to 900,000 kshs where savings are multiplied three times