Haba na Haba / Normal/ Development Loan

NEWS & EVENTS

Real Estate Revolution in Kenya

The real estate sector has been a source of strength for the global economy since the most recent economic downturn. This has been particularly true of the residential property sector. In most countries, house prices have been particularly strong over the past few years. The strong performance of the property sector and the general resilience […]

Advantages
Great for development purposes e.g. buying a plot / house / car / business / construction
Low interest rate at 1% per month on a reducing balance
Repayment period of between 1 – 5 years

Requirements
Cleared all outstanding loans with the society
Be a member for at least 6 months
Save 1/3 of the total value of the property
Provide collateral i.e. title deed or a log book
No guarantors