This loan is only eligible for members with smart savings…
This is savings done for your childs future financial needs like education,birthday celebrations etc.
It has the following features
- Only a minimum balance of Ksh 500 to activate accounts but no maximum limit.
- A maximum of (3) times withdrawals during any calender year.
- Savings done anytime via our USSD code *720# or our App (m-epa) on play store.
- Accounts only accessed by principle members.
- No ledger and opening fees required.
- A member allowed to withdraw to a Zero balance.
- Earns 5% p.a interest.
- Convertible to deposits (non withdraw-able) at members request.
- Account holder qualify for school fees loan.