+254 733 591345 info@norelsacco.com

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Frequently Asked Questions

What is the registration cost?

The minimum entrance cost is Ksh 2000 (non refundable)

What is the minimum contribution ?

The minimum entrance cost is Ksh 2000 (non refundable)

If I save an X amount of money , what will be my loan limit?

You are eligible for a loan 3 times your member savings with a repayment period of 4 years

When can I access my first loan?

You are eligible for a loan 3 times your member savings with a repayment period of 4 years

How fast can I access a loan?

Loan processing and disbursement within 72hours

What is the security for the loan?

Three guarantors who are active members with active accounts

Three guarantors who are active members with active accounts

Average interest on member deposits is 8%-10%

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Contacts

Raphael: 0733 591345
Email: info@norelsacco.com

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