Below are some questions that will assist you.
[expand title=”How does one qualify to be a member?”]
For one to be a member, he/she must be an employee of a Diplomatic Missions i.e. Embassies, High Commissions or organizations affiliated to aforementioned, a development organization or a non-governmental organization.
[expand title=”How do I join Finnlemm Sacco?”]
Duly fill in the simple membership form and drop it at our offices.
Please provide us with the following documents:
- 2 coloured passport size photos
- >Copy of ID/passport
- Copy of ID of next of kin-If next of kin is a minor(below 18years old, indicate the name of trustee and relationship).
- Ksh 1000 one off membership fees.
[expand title=”When do I qualify for a Finnlemm Loan?”]
After 6 months of remitting, a member can qualify for a loan. All loans are based on three times the members normal shares.
[expand title=”What are the interest rates charged?”]
All loans are granted on a 1% interest on a reducing balance, with an exception of Finbefu loan which is granted at 1.5% per month and special loan at 1.25% on a reducing rate while express loans are granted at a 10% one off interest