- Secured by the loan/advance applied.
- Helps the member to clear outstanding loans/advance with the society so as to access bigger loans.
- The amount is recovered once the loan is approved.
Interest rates are as follows.
- Up to KSHS 200,000 10%
- Over KSHS 200,000-500,000 8%
- Over 500,000 5%
- Saves the member from expensive credit options.
SECURITY: must have applied for a loan in the back office and confirmed to be in good order.