Loans
Member loans with clear, fair terms
Borrow up to 70% of your total savings - for business, emergencies, school fees, or personal development.
Member Loan
One loan. Simple terms.
Member Loan
Borrow up to 70% of your total savings for business, emergencies, school fees, or personal development.
- Rate (on time)
- 10%
- Max
- 70% of savings
- Late rate
- 20%
Loans repaid within one month attract 10% interest. Repayment after one month attracts double interest at 20%.
Eligibility: Active member, good standing
Apply Eligibility
Who can borrow?
- Active member in good standing
- Up-to-date savings contributions
- Valid National ID
- Demonstrated repayment capacity
- Loan amount within 70% of your total savings
Process
Application timeline
- 1Submit applicationOnline, via USSD, or at our office
- 2VettingCommittee reviews your application
- 3ApprovalApproved at monthly meeting
- 4DisbursementFunds sent to your account
Loan Calculator
Estimate your repayments
Monthly Payment
KES 11,000
Total Interest
KES 1,000
Total Repayable
KES 11,000
* Estimates at 10% per month when repaid on time. Late repayment attracts 20% interest per constitution.
Ready to borrow as a member?
Join Jua Kali Friends CBO in Mathare 4A. Digital membership is open anytime - Premium registration opens January and February each year.