Group Super flex
Purpose: This is a loan which is available to group members individually or as a group.
· Loan given 5 times cumulative group savings
· Group members can co-guarantee
· Help clients to expand their investments/ businesses
- Competitive interest rates
- Affordable monthly loan repayments
- Flexible security requirement
- Business skills training
- Members must have an existing business for at least six months.
- Appraisal fee of as low as 3% deducted upfront
- Insurance fees of 1 % paid upfront subject to a minimum of Kshs. 1,000
- Maximum loan is Kshs.3 Million and minimum loan is Kshs. 10,000
- We can buy- off existing loans from financial institutions.
- It can be used to finance assets
- Own a business/ an income generating venture
- Bank statement for the last six months
- Flexible collaterals