For a member of FINNLEMM SACCO Society Ltd to qualify for loan:-
- He/She must have been an active member for a period of not less than six (6) months.
- Must accumulate at least six months continuous deposit on the minimum monthly contributed as may be determined by the Management Committee/General Membership from time to time.
- His/her total shares and/or loan repayments should not exceed two thirds of the members net earning.
- A member applying for a loan must undertake to pledge future salaries from the employer or other written commitments approved by the management towards loan repayment before such a loan is granted.