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Investment Loans
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Investment Loans
Mjengo loan
Product Features
Maximum repayment Period shall be 72
Months
The loan shall have a Grace period of
6 months paying interest only.
Multiplier – X5
Security – Title deed of the plot to be
developed
Minimum loan of kshs. 1,000,000.00
Housing Finance loan
Product Features
Maximum repayment period of 36 months
Multiplier – X4
The loan shall be disbursed upon approval
by the Board credit committee
The Security shall be in the name of the
Housing cooperative until loan completion.
Must have an active BOSA account for the
last 6 months