THE INTERN LOAN we answer a few questions. 1. Is there a grace - TopicsExpress

THE INTERN LOAN we answer a few questions. 1. Is there a grace period before monthly deductions/payments start? Yes there is, the loan repayment starts as soon as you will receive your first pay so before this the sacco does not expect you to be able to service the loan 2. Is the loan amount negotiable upwards for special circumstances? No. At the moment the sacco only allows you to borrow to a maximum of 50k. in future we hope to be in a position to increase the amount based on the economic situation 3.Do i need a guarantor? No you do not need a guarantor to access this loan product For any further clarifications ask us here we shall be glad to assist

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