Mwalimu Sacco Ufanisi Loan

Ufanisi Loan:

This is long-term loan product aimed at enabling members with salary ability but have low deposits to access more credit by boosting their deposits. A portion of the loan applied is retained as deposits enhancing the members balance multiplier.

Product features:

Repayable in 72
10 % deposits boosting fee
Minimum deposits prior to the application Ksh200,000.
Loan must be fully guaranteed
Only one Ufanisi loan can be granted at a
The member’s salary to be channeled through Mwalimu National Sacco
Recovery is done at a monthly flat rate combining principle repayment with

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