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Refinancing Loan - Investobrain Sacco

Refinancing Loan

  • A member must have a running home development loan in order to qualify for a refinancing loan.
  • Maximum loan repayment period is eighteen (18) months.
  • Loan granted is three times the member’s savings less all outstanding loans provided that two third rule is not violated.
  • Refinancing loans are granted once a week.
  • Interest rate is 1.5% per month.
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