Imarisha Sacco has launched new products that are tailor made to the new members and newly employed personnel to achieve their financial dreams.
The Sacco Chairman Mr Mathew Ruto announced this during the Narok branch opening held at Narok town on Saturday .
The products include take off loan which caters for the newly employed people and does not require one to have deposits. The repayment period is 84 months and the applicant should have minimum share capital.
“ We have the needs of our newly employed teachers at heart. That is why we have innovated this product to enable them access it and settle well in their new jobs and be financially stable”. Ruto said
The Sacco also increased the maximum amount of Karibu loan to Ksh. 100, 000 from the initial 70,000. In this type of loan, the applicant does not require shares but a posting letter and casualty from the school.
Superior product is also the new product developed by the sacco. Members ac access this loan which has a repayment period of 96 months,. The maximum m amount that a member is eligible is 4 times multiplier of de[posits held.
Members can now access the products to enable them achieve their investment dreams.
The Sacco is keen in ensuring that all our members from all walks of loves benefit from the variety of products and services. That is the reason why we have developed these products We encourage all our member to patronize the newly developed product’’ Said Mr. Ruto
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