Designed to cater for individuals without formal or informal collateral security and engaged in an economic activity. Group solidarity ranges from 10-15 members who guarantee each other. This also includes Registered group associations.
To boost micro business volumes and cater for recurring overheads
Interest is charged on a flat rate basis
Age: 18 years and above
Have source of Income for loan repayments
Group member guarantee plus informal security where need be
200,000 shillings- 5,000,000 shillings