Guarantors
Loan Security and Guarantee
All loans must be fully secured by either members’ deposits or one or more of the following if the loan exceeds member’s deposits;
Motor Vehicle- up to 50% of the current value
Money market funds held by reputable funds managers
Tangible assets –those located in urban areas up to 75% of the current market value
Shares trading at Nairobi Security Exchange- Up to 50% of the current market value
