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