For this loan type, the borrowing is fully secured by a member’s savings.

Under this ratio, a member can only borrow up to the current savings balance that he/ she has.

1:1 Lending Ratio

Example:  If you have K1,000.00 in your savings account, you can borrow a maximum of K1,000.00.

Requirements when applying

  • Completed application form signed by member and endorsed by employer;
  • 3 recent pay slips;
  • Bank statement (if first time applicant or new bank account);
  • Copy of identification card (if first time applicant).

Service turnaround time for processing 1:1 application is 24 hours excluding weekends and public holidays.

Subscribe to our newsletter