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:

  1. First cycle: from zero to 30,000 kshs where savings are multiplied five times
  2. Second cycle: from zero to 100,000 kshs where savings are multiplied three times
  3. Third cycle: from zero to 300,000 kshs where savings are multiplied three times
  4. Fourth cycle: from zero to 900,000 kshs where savings are multiplied three times