Loan Services
The Board of Directors will consider what is appropriate in the market to offer to members e.g. phones, Tablets, Ipads, etc at affordable rates. Members are allowed to pick the items and pay through check-off.All loans except instant & Okoa loans awarded maximum X3 of savings subject to a third rule and after being a member for at least six months.
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BENEVOLENT FUND
Each member contributes 100/= per month towards this fund. In the case of a bereavement of the contributor, spouse, biological parent or child, the member is given a certain amount to cater for funeral expenses.
RISK MANAGEMENT
Members’ loans are insured and upon death or permanent disability, the outstanding loan balance is fully paid by the insurer (CIC).