Loan Security and Guarantee

What you can give as collateral.

All loans must be fully secured by either members’ deposits or one or more of the following if the loan exceeds member’s deposits;

  • Guarantors
  • Motor Vehicle - up to 60% of the current value
  • Tangible assets – land and building located in urban areas up to 75% of the current market value
  • Shares trading at theNairobi Security Exchange - Up to 50% of the current market value