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Home >> Co-operatives >> Loans >> Members Development Loan
Members Development Loan
With this loan facility, members of Saccos can borrow funds from the Bank for development purposes



Benefits
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
 
 How To Apply
 
   
 
 
 
 
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