Jumuia Loan
Loan Purpose:
This is a loan product for development projects and purchase of assets for registered investment groups, churches and social development groups.
Loan Size:
Ksh50,000 – Ksh10 million
Security/Collateral:
- Title deeds, Log books, Shares, Fixed deposits etc.
Grace Period
- 1 month
Access Requirements:
- 6 months certified bank statement
- Registration documents
- Resolution to borrow and Minutes for the group
- Trust deed and constitution
- Copies of I.D. and PINS of the officials/signatories
- Two passports for each signatory
Processing Time
- 48 hrs
