Loan Policy
Transparent fees and application review standards.
Loan options list the withdrawal fee and repayment period before submission. Duration ranges from 3 to 12 months with no interest after the withdrawal fee is paid.
Loan Range
Available application amounts range from Ksh 1,000 to Ksh 99,000.
Loan Duration
Repayment periods depend on the amount requested:
- Ksh 1,000 to Ksh 19,000: 3 months
- Ksh 21,000 to Ksh 39,000: 6 months
- Ksh 41,000 to Ksh 59,000: 9 months
- Ksh 61,000 to Ksh 99,000: 12 months
Interest
Approved loans are repaid with no interest because the withdrawal fee is paid before release.
Fees
Withdrawal fees are displayed on each loan card and in the calculator before the application is submitted.
Status Updates
Applications start as Pending. Administrators can update the status to Approved or Rejected from the dashboard.