Whistleblowing

Chama Investment Loan

A product targeting local micro entrepreneurs who are in groups and wish to invest collectively

Great features

  • Loan amount: 100M based on ability to pay
  • Loan Period: up to 120 Months based on purpose
For charges applicable to this product/service, refer to the tariff guide available on this link. 

 

What you require to sign up

  • All members/shareholders must be 18 years and above.
  • Minimum Membership - 5
  • Registered groups with proof of existence for at least 2 Years.
  • Be registered with the relevant registration agencies in Kenya – Cooperatives, Sacco, Incorporated as Company, and Associations.

Easy steps to get this loan

  • Incorporate the group with relevant government body
  • Visit the nearest branch for support
  • Why you should sign up for this product

    • Project financing and development purposes e.g. buying land, Lease, real estate development,
    • Movable Asset finance for group projects
    • Working Capital
  • Benefits of Chama Investment Loan

    • purposeOpportunity to build savings culture.
    • Access to 24 hours banking services through Multiple
    • Approval Service for Joint & Group Accounts
    • Opportunity to be advanced up to 3 loans running concurrently.
    • Flexible repayment loan tenure
    • Free financial education and entrepreneurship training
    • Relationship management/ Advisory services available
  • Security

    • Shareholders/Directors Personal Guarantee
    • Conventional Security
  • Rights and Obligations

    • T & Cs of loan facility are detailed on the offer letter.
    • Customer data privacy policy is included in the offer letter.
    • The rights and obligations of the borrower are detailed in the offer letter.

Get a quick quote

Please enter a loan amount
Please specify loan duration in months
Please specify the interest rate p/a

We would like to call you back regarding this product.


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