Emergency loans

 
Loan facility to help meet emergencies. Get a quick fix for all your urgent needs but cleared back within a short time.

PURPOSE
- Clients who have got emergency needs eg clearing taxes, payment for air ticket, payment hospital bills, etc-

TERMS AND CONDITIONS FOR EMERGENCY LOAN
1. MAXIMUM AMOUNT: SHS 10,000,000(Ten million shillings) - Processed in a day.
2. MAXIMUM PERIOD: 3 months
3. INTEREST RATE: 10% flat
4. TYPE OF COLLATERAL NEEDED:
i. Land sales agreement shs 500,000 – 5million
ii. Carlog books – shs 500,000 - 10MILLIONS
iii. Land title – shs 1M -10MILLIONS
5. CLIENTELE CATEGORY: individuals both employed and self-employed, companies, only repeat clients
6. GUARANTORS NEEDED: 1 guarantor and spouse
7. SECURITY EVALUATION:
i. Security for previous loan is attached to the emergency loan.
ii. Client must have paid at least 3 installments of the old loan.