Loan Security

All loans must be secured by one or more of the following:

  1. Member’s shares and deposits.
  2. Guarantors if the loan amount is more than the member’s shares. (Group members)
  3. 60% of the current vehicle value. Log book must be in member’s name.
  4. Money Market funds held with reputable fund managers.
  5. 50% value of shares held in member’s name at the Nairobi Stock Exchange.
  6. 80% value of tangible assets in urban areas.