MSCA – Group Loans


• This is a loan issued to small and micro- enterprise group individuals that are registered with the society under Micro saving and credit Activity.
• Loan after 10 weeks of consistent premium savings of Kshs. 250 and security of Kshs. 35 weekly.
• Guarantee by 2/3 group members
• Interest rate is 1.25% p.m
• Repayment is within 1 year on monthly basis (collection weekly).
• Loan repayments and MScA savings are submitted weekly by group officials.
• Individual loan given 5 times the premium savings on graduating scale (15k/25k/45k/75k/100k).