K-Unity - Together We Grow

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Loan Products

Together We Grow

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Advance Loan

Account can be opened by an individual, two or more individuals as a joint account or by corporates, welfare groups, co-operative societies, school, churches and all other institutions.

  1. Account is used to channel salaries, crop payments, pension dividends, Business deposits, Electronic Fund Transfers (EFT) e.t.c
  2. Affordable account opening balance
  3. Low minimum operating balance
  4. No transaction charges on deposits
  5. In- house Cheque book
  6. Withdrawals can be made as often as needed without notice
  7. Free quarterly account statements
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Short Term Loan

Available to salaried employees, pensioners, dairy and tea farmers

  1. Loans are up to Kshs 300,000/=
  2. Maximum repayment period of up to 24 months
  3. Attractive Interest rate is at a reducing balance
  4. 2/3 rule must apply
  5. No security
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Inuka Loan

Available to salaried employees, pensioners, dairy , tea farmers and SME

  1. Loans are up to Kshs 500,000/=
  2. Maximum repayment period of up to 36 months
  3. Attractive Interest rate is at a reducing balance
  4. 2/3 rule must apply
  5. No security
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Business Loan

Available to SMEs

  1. Must have operated the account for at least 6 months
  2. Loan up to Kshs 300,000/=
  3. Maximum repayment period of up to 24 months
  4. No security
  5. No grace period
  6. Attractive Interest rate is on a reducing balance
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Crop Advance Loan

Available to salaried dairy and tea farmers

  1. Maximum repayment period of up to 3 months
  2. Advance up to 2/3 of he expected monthly net payment
  3. Loan are up to Kshs 300,000/=
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Tea Bonus Advance

Available to tea farmers

  1. Maximum repayment period of up to 24 months(2 years)
  2. 80% of the previous tea bonus payment-2 years
  3. 50% of the previous tea bonus payment-1year
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Jijenge Loan

Available to all Jijenge account holders

  1. Amounts are 4 times the balance of the Jijenge savings
  2. Maximum repayment period is up to 36months
  3. Security: guarantors, title deed and logbook
  4. No grace period
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Development Loan

Available to all account holders

  1. Loans are up to Kshs 50,000,000/=
  2. Maximum repayment period of up to 48 months
  3. Interest rate is at a reducing balance
  4. 2/3 rule must apply
  5. Security: Title deed, logbook and fixed deposit
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Asset Finance

Available to salaried employees, pensioners, dairy and tea farmers

  1. Loan is from 80% of the total purchase price. Customer to meet the balance of 20%
  2. Maximum repayment period of up to 36 months
  3. Interest rate is at a reducing balance
  4. 2/3 rule must apply
  5. Security: Title deed, logbook and fixed deposit
  6. Must be insured through Mapa insurance agency
  7. In case of a motor vehicle, joint registration must be done and log book will be held by the Sacco until loan id fully paid
  8. The motor vehicle should be less than 8 years of age
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Insurance Premium Finance

Available to all our customers

  1. Maximum period is up to 10 months
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LPO Financing

Available to all our customers

  1. Maximum 2/3 of the LPO with a maximum of Kshs 500 000/=
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Overdrafts

Available to all our customers

  1. Accounts with deposit turnover more than Kshs 200,000 per month