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Conditions
- $NOW can be consolidated Loan to be disbursed within 72 hours of submission of loan application forms.
- No guarantors required
- Employer employer/payroll MUST endorse the application/ Confirm member’s ability to repay and compliance with 2/3 statutory requirements
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Repayment Period
- 12 Months
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Maximum Loan Amount
- Maximum Loan limit is KES 300,000/=
- Irrevocable standing order
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Interest Rate
- 25% per month on straight line collected upfront
- 1% Processing fees
- 1% Insurance fees
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