1. WHAT ARE THE PROCEDURES TO FOLLOW WHEN ACQUIRING A LOAN?
Loan Application
Loan processing
Loan disbursement
2. WHAT IS THE MAXIMUM LOAN REPAYMENT PERIOD?
The maximum loan repayment period is six (06) months.
3. WHAT IS THE MAXIMUM LOAN AMOUNT THAT CAN BE DISBURSED BY YOUR COMPANY?
Fifty million shillings (50,000,000).
4. WHAT HAPPENS IF I CANNOT PAY MY LOAN IN TIME?
Usually, when one cannot pay the loan in time, penalties are always charged, however, the arrears department staff contacts the client and advises him or her on how to get out of default.
5. WHAT BENEFITS AM I LIKELY TO GET AFTER CLEARING MY LOAN SUCCEFFULY?
Clients who clear their loans successfully earn themselves a good credit score with the company.
6. CAN I ACQUIRE ANOTHER LOAN WHEN I STILL HAVE A RUNNING LOAN WITH YOUR COMPANY?
Yes, it is possible to have two separate loan accounts with us. All are independent of each other.
7. CAN I GET A LOAN IF THE ASSET IS NOT IN MY NAME?
Yes, you can all you need is the power of attorney for the person who owns the asset.
8. CAN I GET A LOAN IF I HAVE NOT TRANSFERRED THE ASSET INTO MY NAME?
Yes, only as long as you are the owner of the asset, we can help you with transferring the asset into your name.
