MOTORYCLE LOAN
This region has no reliable transport means and this product is offered to help members with quick means of transport. The SACCO buys the vehicles after the member has completed all necessary procedures.
Requirements
- Loan amount is between 2,500,000 -50,000,000.
- Loan period of 1- 24 months.
- A client pays 30% of the total cost of a motorcycle or pays 1,000,000 and the institution pays the top up.
- Interest rates of 2.8% with declining balance.
- Repayment mode – Monthly.
