Mwalimu Sacco Super Loan

Super Loan:

Super loan is a long-term loan granted to members to enable them undertake development projects, property acquisition and other investment activities for long-term benefits.

Product features:

Repayable in 84 months
Only one super loan shall be granted at a time
Maximum limit is a members’ deposits x 4 (subject to 1/3 salary rule)
Attracts 5% processing fee on approved amount.
Recovery to be done at a monthly flat rate combining principle repayment with

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