M-EPA CASH LOAN

This is an instant loan facility available to EPA SACCO LTD registered members through a mobile phone platform by dialing  USSD  CODE *720# or EPA SACCO APP.

LOAN POLICY GUIDELINES

• Loan applicant must have been an active members for at least 6 months.
• Applicant must be M-EPA registered using only one M-PESA  mobile phone number.
• Repayment is through Ussd code  *720#
• Repayment period is 1 month effective from date one applied.
• The applicant must have accumulated savings/deposits of Ksh 31,000and minimum share capital of       Ksh 5000
• The loan shall attract an interest of 7% per month.
• Applicant must have no arrears in any other loans from the sacco.
• The transaction will attract safaricom charges per PAYBILL STANDARD TARIFF.