K. Achievas Mobi Loan
Purpose:
Achievas Mobi loan is designed for tea farmers’ salaried employees who process their salaries through the Sacco only through a credit scoring appraisal
Features
- Eligible amount shall be calculated using the following factor. Average net income for the last 3 months X 0.66 X 1.
- Prequalified through mobile payment usage
- Repayment frequency is monthly
Requirements.
- Be Achievas member with minimum ksh.1000 share capital
- Applies for performing loans only
- Application via Achievas registered mobile number
- CRB scoring must be good
- Monthly proceeds MUST be processed through the SACCO