Credit Products

Long Term Personal loan Products

NORMAL LOAN 1&2
  • Interest rate: 12% for both.
  • Max Loan Amount:3X & 2X members Alpha deposits respectively.
  • Repayment Up to 48 & 60 months
SUPER LOAN
  • Interest rate: 14%
  • Max Loan Amount:4X members Alpha deposits
  • Repayment Up to 60mths
MWANGAZA LOANS 1&2
  • Interest rate: 14% and 18% respectivly
  • Max Loan Amount:3 Million
  • Repayment48 and 60 months respectively
  • Minimum deposit contribution:10000 pm
PREMIUM LOAN
  • Interest rate: 14%
  • Minimum deposit Amount:Ksh 1M
  • Repayment Up to 72mths
VUKA LOAN
  • Interest rate: 16%
  • Max Loan Amount:Kshs 5M
  • Repayment: Up to 72mths
  • Minimum deposit contribution:Kshs.7500
FLEX LOAN 1&2
  • Interest rate: 16% & 18.5% respectively
  • Max Loan Amount:Ksh 1M
  • Repayment: Up tO 24 & 36 months
SOSA LOAN
  • Interest rate: 15%
  • Max Loan Amount:4X members Alpha deposits
  • Repayment Up to 15mths

Short Term Personal loan Products

PRIME ADVANCE LOAN
  • Interest rate: 18%
  • Max Loan Amount:Ksh 200,000
  • Repayment Up to 12mths
EMERGENCY SCHOOL FEES LOAN
  • Interest rate: 12%
  • Max Loan Amount:3X members Alpha deposits
  • Repayment Up to 12mths
MSINGI BORA SCHOOL FEES LOAN
  • Interest rate: 10%
  • Max Loan Amount:Up to 75% of Msingi Bora deposits
  • Repayment Up to 12 months
SALARY ADVANCE LOAN
  • Interest rate: 5%pm
  • Max Loan Amount:Kshs 100,000
  • Repayment Up to 1mths
MAKEOVER LOAN
  • Interest rate: 5%pm
  • Max Loan Amount:Kshs 100,000
  • Repayment Up to 1mths

Business, Groups & loan Products

WORKING CAPITAL LOAN
  • Interest rate: 16.2%
  • Max Loan Amount:3X members Alpha deposits
  • Repayment Up to 36Mths
ASSET FINANCE SCHOOL LOAN
  • Interest rate: 16.2%
  • Max Loan Amount:3X members Alpha deposits(10M)
  • Repayment Up to 36mths
LPO LOAN
  • Interest rate: 18%
  • Max Loan Amount:3X members Alpha deposits(70% of Quotation value
  • Repayment Not exceeding 90 days
INVOICE DISCOUNTING LOAN
  • Interest rate: 18%
  • Max Loan Amount:3X members Alpha deposits(80% of invoice value)
  • Repayment Not exceeding 90 days
INVESTOR LOAN
  • Interest rate: FDR plus 3%
  • Max Loan Amount:Upto 90% of the fixed deposit
  • Repayment Same as FDR period
PLOT FINANCING LOAN
  • Interest rate: 9.6%
  • Max Loan Amount:3X members Alpha deposits
  • Repayment Upto 24 months
MAKAZI POA LOANS
  • Interest rate: 16-18%
  • Max Loan Amount:7.5M
  • Repayment Upto 18-144 months
MPAWA LOAN
  • Interest rate: 4-7%
  • Max Loan Amount:Kshs 200,000
  • Repayment Upto 6 months