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Emergency Loan – Longitude Sacco
HomeservicesLoan ProductsEmergency Loan

Emergency Loan

  • July 23, 2019
  • Posted by: Longitude Sacco
  • Category:
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This product is given to cater for unforeseen happenings beyond a member’s control

Conditions

  1. The loans are repaid within a period of 6 months.
  2. Interest charged at 3% per month on reducing balance method.
  3. No member shall have more than one Emergency loan at any one time
  4. The loan MUST be fully secured by at least one (1) guarantor.
  5. Loan application MUST be supported by the member’s latest two (2) payslips or any other verifiable income.