Education Loan
This loan shall be disbursed to cater for school fees and related expenses only
Features
- The loan will only be disbursed after a valid school fees structure has been presented
- The loan shall be disbursed via cheque to the institution directly
- Shall be repaid within a maximum period of 24 months for post-secondary education and 12 months for secondary and primary institutions
- Must be fully guaranteed
How to apply for a loan
- 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
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: 1002025000001
M-Pesa Paybill No. 8998990
Account No: 128258#IDNUMBERED