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Community Loan

1. Chama loan

Target/purpose

  • Family chamas
  • Table banking groups
  • Investment groups

Features/ purpose

  • Savings for investments
  • A convenient savings account to pool resources together.
  • Flexible investment loans
  • Access to loans up to 350M
  • Loans as  interest rates as low as 9.5%
  • Long loan term up to 72 months

2. Ushirika loan

Target/purpose
Church and eligible groups. (Chamas, investment clubs, CBOS, Self help Group)

Features/ purpose

  • For development projects and purchase of assets for both churches and registered groups
  • Low loan interest rates
  • Repayment term as long as 60 months
  • Longer grace period
 
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