This is particularly so for salaried individuals who have held accounts with the Bank for more than 6 months through which their salaries are processed. With a minimum loan amount of Kshs 50,000 and a maximum of Kshs 3 million repayable in up to 60 months, the Co-op Personal Loan covers virtually all the purchase needs of salaried individuals.

Due to the peculiar nature of some of the needs that customers wish to meet, the Co-op Personal Loan has been re-designed to bear the features that make it easier to purchase specific goods and services. In this regard, customers can get a Co-op Personal Loan to buy shares on the NSE, to Top-up their loan balance to the original amount, to finance the expansion of dairy production for dairy farmers, and even for Saccos to on-lend to members.

The offer has been further enhanced with the following:

• The maximum borrowing limit for unsecured loans has been raised to Ksh. 3 million.
• The maximum repayment period has been extended from 36 months to 60 months for loan amounts above Ksh. 100,000