Tuungane Chama Loan

These loans target group members running successful micro enterprises who have been brought together by common interests.

Benefits

  • Access to loans ranging from Kshs. 5,000 to Kshs. 1,000,000
  • Flexible repayment terms of up to 24¬†months
  • Flexible security requirements
  • Business advisory services

Qualifying Criteria

  • Targets registered self-help groups practicing co-guarantee lending or table banking
  • Group of 5- 30 members
  • Should be running a business¬†or group involved in table banking
  • Willing to undergo financial training prior to dispatch of loan
  • Ability to repay the loan
  • Free financial and investment advisory/training

Rates and Fees

  • Interest rate 14%
  • A one off loan negotiation fee charged upfront at 3% of the loan amount.


Loan Calculator

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