This is a short-term loan borrowed to a maximum of 3 times within a calendar year and is repayable within three (3) months. The ceiling for school fees loan is will be Kshs 50,000 with an interest chargeable at one percent (1%) on reducing balance. To qualify for this loan, a member is required to forward his/her application using prescribed forms together with the required supporting documents. Its highly recommended that one applies for this facility at about a month to the school opening dates.

The ceiling for emergency loan is Ksh. 50,000 or twice the members withdrawable contributions. Immediately an acceptable application is received, it is processed normally and payment for the amount approved made to the member’s account or mobile money payment.

For any of the credit products above, one shall be required to download, fully fill and submit the loan application form, downloaded from the Downloads page. All the supporting and mandatory documents shall be attached with the application. Guarantees are mandatory for all the loans. Refer to the loan policy in the Downloads page for more details.