Motorcycle loans

Provision of loans to its members is the main business of KKMF and it is what is demanded most by its members. Since its inception KKMF operations, a market research was done.

This region has no reliable transport means and this product is offered to help members with quick means of transport. The SACCO buys the vehicles after the member has completed all necessary procedures. The minimum loan is 2,500.000/= while the maximum is 50.000.000=, for a period of 6 to 12 months. The interest rate e is 3% per month on reducing balance basis.