This product is meant to empower Mwito members to engage in development projects e.g buying plots, building houses, farming, starting viable business e.t.c..
Top Up loans are available to those servicing development loans and have the ability to service both loans concurrently.
The loan will be granted to any member who meets the following requirement
Emergencies include sudden hospitalization, funeral expenses, court matters, unforeseen calamities, but shall not include house rent due; or other Loans covered under this policy. In all cases emergency loan applications may have documentary evidence. The following conditions apply:
School fee Loans may be granted to a member even though he/she may be servicing other loans subject to the following conditions:-
These loans will be granted to members to pay fees in colleges and universities both locally and overseas
This will be accessed by newly employed officers who are less than 12 months old in employment (members) who require support to settle in their new employment. Its conditions are:-
This product will be accessed by any member who may or may not be servicing other loans covered by this policy. It shall cover among others unique needs and requirements not covered by other types of products. The following conditions apply:-
This is an instant facility (hakuna maswali) whose conditions are as follows:-
This is a holiday facility whose conditions are as follows:-