Mortocycle loan

Eligibility is based on:

• Share capital 10shares (200,000)
• Maximum loan 3,500,000
• Balance on the market value and all charges to be deposited on the voluntary savings account
• Original receipt and log book kept by Kidefise Sacco until final payment
• Top ups not allowed.
• Must have additional security
• Interest rate 8% reducing
• Maximum Loan period 24months
• Land as additional security
• No cash issued out but physical new motorcycle from the supplier
• Second hand motorcycles are not allowed
• Must have a TIN number
• Loan reschedules are allowed