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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
3-12 months Repayment frequency Weekly
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