Salary Loans
Features of wakulima Salary Loan.
- Available to salaried Wakulima Dairy members of the Sacco.
- Repayment period varies between 36 and 60 Months.
- Loan is secured by guarantors or collateral is amount exceeds Ksh 300,000.
- Savings multiply factor varies with applied amount ranging from 4 to 7 times of member savings.
- Interest rates at 12% per annum.
Salary Advance
Features of wakulima Salary Advance.
- Available to salaried Wakulima Dairy members of the Sacco.
- Repayment period within 6 Months.
- Loan is secured by at least 2 guarantors
- Savings multiply factor 10 times of member savings.
- Interest rates at 5% on amount advanced.