Wezesha Loan
This is to target members who have huge outstanding loan balances and they may like to consolidate their loan in order
to get reprieve on their pays lip and access additional financing for their personal development.
- Interest rate 14% per annum on reducing balance.
- Repayment period maximum 84 months
- Multipliers of 4 times BOSA Deposits
- Deposit contribution as per Loan Banding structure applies
- Guarantors and acceptable collaterals as security
- The member must have been in the Sacco for more than two years.
- Members cannot access Wezesha or Super loan concurrently
- Qualification will be subject to 1/3 rule
- Terms and Conditions apply