This loan is extended to only new members joining the Sacco for the first time. Deduction strictly check off.  Minimum loan is Kshs 30,000 to be granted based on ability to repay and subject to the 1/3 rule.10% of the loan issued to be withheld as deposits. 3 months’ payslip to be attached. The loan is Repayable within 60 months. The loan is released after proper due diligence of the loanee and their employer. Processing fee 2% and Insurance fee of 1.5%. No top up.