__1) NORMAL LOAN - (TYPE 1).__

Repayable in 36 months with an interest rate of 12% per annum (i.e. 1% per month) on a reducing balance method.

__2) NORMAL LOAN - (TYPE 2).__

Repayable in 48 months and attracts an interest rate of 14.4% per annum (i.e. 1.2%per month) on a reducing balance method.

__2) NORMAL LOAN - (TYPE 3).__

Repayable in 60 months and attracts an interest rate of 18% per annum (i.e. 1.5%per month) on a reducing balance method.

**Note:** A member can only be granted one normal loan at a time either the one for 36 months, 48months, 60 months

__4) EMERGENCY LOAN - (TYPE 1).__

Repayable in 12 months and attracts an interest rate of 12% per annum (1% per month) on a reducing balance method.

__5) EMERGENCY LOAN - (TYPE 2).__

Repayable in 24 months and attracts an interest rate of 18% per annum (1.5% per month) on a reducing balance method.

**Note**: a member can only be given one emergency loan either for 12 months or 24 months.

__6) SCHOOL FEES LOAN.__

Repayable in 12 months and attracts an interest rate of 12% per annum (1% per month) on a reducing balance method.

__8) REFINANCING LOAN.__

Repayable in 24 months and attracts an interest rate of 24% per annum (2% per month) on straight line method. A member can only qualify for this loan product if he or she has a running normal.

__9) HUDUMA LOAN __

Repayable in 36 months, 48 months, 60 months and attracts an interest rate of 18% (1 .5% per month) on a reducing balance method. This loan buys back Sacco normal loan which, the member must have paid at least half of it.

__10) BIASHARA SCALE UP LOAN (BSL)__

__ Purpose:__ To enable entrepreneur (s) start/or scale up business ventures so as to economically lift himself/themselves out of poverty.

** Features**; Interest rate 1.6 % per month, duration 72 months, processing fee 5 % of the loan (upfront), 2/3 rule applies.

__NB__

All loans should be within three times of the member’s shares. No member shall be granted two capital / development loans to run parallel to each other