Provision of loans to its members is the main business of RUSHERE SACCO and it is what is demanded most by its members. Since its inception RUSSO’s operations, a market research was done.
This product helps members to use the modern solar energy to light up their houses and businesses since Hydro power is not reliable. RUSSO supports Government in the rural electrification of members who cannot access hydro electric power
The minimum loan is Sh. 500.000, while the maximum is Sh. 10.000.000=. The interest rate is 3% per month while the loan period is 8 to 12 months.
SACCO pays all installation and equipment costs.
Total costs involved is a loan amount disbursed to a client.
It is attached to shares at a ratio of 1:10/=
No Grace period is given to a client