Saccos find the Cash Cover Facility useful due to the following:-
- The loaned amount is based on 3 times the balance held in the MDL collateral account.
- MDL collateral balance need only be 6 months old to qualify for borrowing.
- Reasonable interest rate charges.
- Repayable within a maximum 36 months.
For more details on MDL, talk to us on Tel 277 6000 or Email:
customerservice@co-opbank.co.ke