Elimu Loan
The Elimu Loan is structured to assist a member meet payments towards an Education Programme. It can also be used to purchase stationeries, uniforms and other school-
related items.
Loan Details
- Access up to times 3 times member’s deposits
- Maximum amount issued is Kes.1,000,000.
- Interest rate of 1% per month on a reducing balance;
- Maximum repayment period is 24 months;
- All other credit terms and conditions apply.
Benefits of Elimu Loan
High Maximum Amount
We offer a maximum loan amount of Kes.1,000,000, ensuring that your educational expenses, no matter how significant, can be covered.
Flexible Repayment Terms
We offer a maximum repayment period of 24 months, allowing you to structure your loan repayment to suit your financial circumstances.
Competitive Interest Rate
The loan features a competitive interest rate of 1% per month on a reducing balance, helping you manage your repayments effectively.
Are You Interested in Applying for a Loan?
Please fill out the form below and let us contact you to apply. All fields marked with * are mandatory.