Okoa Instant Loan

    • LOAN, Products and Services
    • Okoa Instant Loan

This product was introduced in June 2019 and has
since recorded tremendous growth. The maximum one is allowed to borrow
is Kshs.20, 000 at 10% interest rate repayable within one month.
The premium, super and normal loan products are computed at four times
the amount of shares a member has at the Sacco but with a cap of Kshs.
3,000,000.00. All loans except the Okoa Instant loan are calculated on the
basis of reducing balance. The society further allows refinancing of all its
products.

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