Loan repayment period is 12 months or less
Interest will be 13% p.a.
Processing within one week of receipt
Payment will be made if members qualifies for the whole amount.
How the product works
The product will be available at the back office where members have ability to pay.
Members will then apply for a water tank loan to the society. The price list will be available in all branches
When the loan forms are approved, the stamped and signed schedules will be sent to Kentainers tank supplier with the cheque for all the members who qualified.
The loan approval will follow the same approval procedure loans in the back office.
Members should apply for amounts higher than the quotation since there are charges applicable e.g. loan processing fee and FOSA payment charges.
The tank will be delivered after 2 weeks upon receipt of the cheque and list of members.
Kentainers will also contact members upon receipt of payment
KENTAINERS LIMITED will brand tanks designated to ELIMU SACCO clients with a clearly visible ELIMU SACCO Logo.