WHO SAID YOUR CHILDREN WILL NOT REPORT BACK TO SCHOOL FOR LACK OF SCHOOL FEES? LOMPASAGO SACCO IS HERE TO EMPOWER YOU TO FULFILL THIS IMPORTANT PARENTAL TASK.

The Loan Applicants should meet the following conditions:

1. To pay 5% of the amount applied as appraisal fees and 5% upfront payment of the amount applied being the interest for May 2024 deduction (to be deducted from applied loan).
2. Pay-slip must show reasonable Net amount able to service the Easter Loan
3. The Application form should reach the office by 3:00Pm on or before Wednesday 15th may 2024

NB: The Board reserves the right to close the offer before the above date if the Final set for the offer is exhausted.

4. The Company should be up to date in Remittance of members contributions

5. The members should not have defaulted in payments.

6. The Maximum loan will be Ksh 40,000 recovered in 5 Months period at the rate of 5% reducing balance effective June 2024, At  board discretion those with sufficient Net pay can qualify an excess of above limit but this will be treated on case by case basis.

6. The 2/3 Rule will still apply in future loans.

Thankyou.

 

Eunice Nyambura.

Hon. Secretary.