Tyre Loan

Our Slogan

We Save Everyday, Invest Wisely & Repay As Soon As Possible.

Tyre Loan

This loan product is crucial to members as it enables them to purchase new tyres for their buses in a timely manner & at competitive rates.

This loan has been influential in ensuring that our vehicles are roadworthy, compliant with NTSA and other Traffic related laws & set-out guidelines.

To qualify for this loan, a registered member must have saved a minimum of Kshs 90,000 within a period of six(6) months prior to applying for the loan.

This is equivalent to Kshs 15,000 monthly or Kshs 500 daily.
The Maximum Multiplying factor for the Advance Loan is two (2) times (X2).

BENEFITS

• Maximum Repayment Period Of 1 Month
• Maximum limit for the loan is Kshs 100,000
• Interest is charged at 10 % on Straight Line