We have customized this product to enable you to acquire capital assets e.g. motor vehicles, land, agricultural equipment, industrial plant & machinery, construction equipment etc. at your convenience.
Features
- Have maintained an active account with Moto Hope Sacco.
- Minimum 6 months consistent saving.
- Minimum savings of Ksh. 100,000.
- Interest rate of1% per month fixed.
- Loan amount ranges between Ksh. 300,000 to Ksh. 3M.
- Repayment period: A maximum of 48 months
Requirements
You need to be a Sacco member.
- A duly completed loans application form.
- Identity card/passport (both original & copy).
- KRA pin.
- Bank statement, MPESA statement, and/or valid business/farm records.
- 2 recent colored passport size photos.
- 100 for CRB report.
- Security: Business/household assets
Note: There are charges for processing fee and insurance on each loan product
