Afya Akiba
Optional, Member’s medical savings plan for outpatient services in various medical institutions.
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Savings scheme
Member’s monthly savings contributed monthly with minimum contributions of KShs 500.
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Product Loan
Conditions The member MUST attach quotation on the application form Product loans are repaid within a period of 12 months. The SACCO charges an interest of 1% per month on reducing the balance The upper limit is determined by the member’s ability to repay. Loan application MUST be supported by the member’s latest two
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Emergency Loan
This product is given to cater for unforeseen happenings beyond a member’s control Conditions The loans are repaid within a period of 6 months. Interest charged at 3% per month on reducing balance method. No member shall have more than one Emergency loan at any one time The loan MUST be fully secured by at
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Development loan
Conditions Pegged on three times of the borrower’s normal shares This loan is repaid up to a maximum period of 48 months The society charges an interest of 1% per month on a reducing balance No ceiling on the amount on for a loan Loan application must be supported by the member’s latest two
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