This loan is only eligible for members with smart savings…
This product has been created to assist member save for a holiday and other celebrations.
The product has the following features
- Only a minimum balance of Ksh 1,000 to activate account but no max limit to the amount of saving a member can save.
- Savings is done via USSD code *720# or mobile app (m-epa) on play store.
- A maximum of two (2) times withdrawals during the year.
- Earns 6% p.a interest.
- Qualify for school fees loan to a maximum of Ksh. 100,000.
- These savings can be converted to deposits (non withdrawable) at members requests.