Eagle’s Mapato Loan
This product is tailored to meet the financial needs of permanent employees in government commissions, civil servants, and private institutions/companies; however, the ability to pay is key evidenced by the financial records provided.
Eagle’s Mapato Loan
This product is for permanent employees in government commissions, civil servants, and private institutions/companies as long as they can show evidence of ability to pay.
Eagle’s Mapato Loan
Tailored to meet financial needs of permanent employees in government, civil servants, private institutions/companies.
Features
- The amount granted is a minimum of Ksh 300,000 and a maximum of Ksh 2,000,000.
- The loan attracts an interest waiver if cleared before the stipulated period as long as 75% of the loan principal and interest have been paid up.
- The interest rate is 1.25% on reducing balance.
- The repayment period does not exceed 24 months
Requirements
- The applicant must be a member of the SACCO.
- A duly completed loan application form.
- Attach applicants ID copy.