The Emergency Loan is designed to provide immediate financial assistance to members facing unexpected and urgent situations such as accidents, illness, natural disasters, or court-related expenses. It ensures that members can access quick financial relief during times of crisis without unnecessary delays.

This facility offers a flexible and affordable repayment plan, enabling members to overcome emergencies with dignity and stability. It is a dependable support system that demonstrates the SACCO’s commitment to member welfare and care.

Features Include:

❖ Multiply of 4 of BOSA deposits
❖ Capability to repay
❖ Repayable in 11 months
❖ Competitive Interest rate on reducing basis
❖ Photo copy of ID
❖ Two passport photographs
❖ Two pay slips
❖ Copy of KRA pin
❖ To have four guarantors
❖ No guarantors if loan applied is less than Deposits