Salary Advance
This is a short-term loan for members who channel their salaries through the Sacco.
Features
- Short-term loan targeting members on employment and whose salaries are channeled through the Sacco.
- Loan amount is dependent on borrower’s salary.
- Loan term of 1- 6 months.
- Monthly repayment.
- Check off system where applicable.
Benefits
- Flexible borrowing options
- The application process is short and simple.
Requirements
- You need to be a Sacco member.
- Confirmed proof that salary is channeled through the Sacco.
- Original current pay slip for the latest month.
- A duly Completed loans application form