chap chap Loan/Instant Loan
Designed to assist members meet urgent financial needs.
Net salary multiplied by 7 subject to Maximum 400,000 kenyan shillings or deposits multiplied by 4.
Maximum repayment period is 10 Months.
At least 2 guarantors whose deposits adequately cover the loan applied.
Must pass net salary through FOSA Maintain Net salary of atleast Ksh. 5,000 0.75% Insurance fee.
4% Per month interest charged.