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Personal loans are granted to individuals for their own personal needs. They are granted under the following terms...
- Repayble in 6-36 Months.
- Only one personal/normal loan shall be granted at a time.
- Emergency loans shall be given within members' entitlement.
- Maximum limit is three times member's deposit.
- Principal loan repayment is done separate from the interest payment.
- The interest rate is on 1.1% reducing balance.
- Loan amount is between Ksh. 250,000.00 and Ksh. 1,000,000.00