Development Loan

 

This is an all-purpose loan granted to all members individually or to corporates to finance development projects

Features

Must be fully guaranteed for both individuals and corporates
Loan duration as per the loan repayment schedule

How to apply for a loan

Procedure

  • Fill in loan application form
  • Return loan form for appraisal and approval
  • Pay loan insurance fund of 1% of approved loan
  • Collect loan cheque/ Wait for a bank transfer
  • Start paying loan promptly after a Grace period of one month.

Fill to request loan form

    dev
    b16
    b15

    Mode of payments

    Members can make their remittances through the following banks;

    Basilica Self Help Group

    Caritas Micro Finance Bank- Cardinal Otunga Plaza

    Account No: 1002025000001

    Basilica Self Help Group

    Cooperative Bank- City Hall annex Branch

    Account No: 01100092802700

    M-Pesa Paybill No. 8998990

    Account No: 128258#IDNUMBERDL