Instant Loan
Do you need some quick cash to sort out something urgent? At Kanisa SACCO a member can access up to two simultaneous Instant Loans at any given time. The loan has a maximum repayment period of 6 months.
Loan Details
- Maximum of two instant loans of KShs. 50,000/= at any given time;
- A member can have two Instant loans concurrently.
- An up-front deduction of loan premium and interest at 3% per month on reducing balance will apply;
- Maximum repayment period is 6 months;
- The first instant loan does not require guarantors;
- The second instant loan will require guarantors
Benefits of Instant Loan
Multiple Loan Options
Kanisa SACCO permits two simultaneous Instant Loans, easing the process of meeting multiple financial needs without applying for separate loans.
Competitive Interest Rate
We offer low upfront loan premium, 3% monthly interest on reducing balance for competitive rates, ensuring reasonable interest during repayment.
Convenient Repayment Terms
The 6-month Instant Loan offers a reasonable repayment period, reducing stress and ensuring timely repayment of the borrowed amount.
