This loan is only eligible for members with smart savings…
This loan is available for members with any savings account ie Toto junior savings,smart savings account and holiday savings.
The following are the features:
- Only active members for a period of 6 months with toto junior savings account,and smart savings account are eligible for the loan.
- No security of guarantors required.
- A member can access a maximum of Ksh. 50,000 instantly via USSD code *720# or mobile APP.
- Members can only qualify a maximum of Ksh. 100,000.
- Repayments period ranges between 1-6 months.
- Interest rate of 5% reducing balance.