• Minimum monthly savings of Ksh. 500
• Minimum account balance of Ksh. 500
• Minimum balance to earn interest is Ksh. 3,000
• No ledger fees charged on the account
• Can be accessed through Mobile banking (M-Chai), over the counter and ATM card
• Cash withdrawal can be done at anytime
• Used for Salary Processing.

• Minimum monthly saving is Ksh. 500.
• Minimum account balance is Ksh. 500
• Maximum three withdrawals per year
• 25% discount on bankers’ cheque
• The account is operated by the guardian
• Interest paid at 2% above the interest paid on savings.
• No ledger fees charged on the account.
• Children given piggy banks for home savings and branded T-shirts.

Features:

• Interest rate is 13% pm on a reducing balance.
• Maximum Loan repayments period is 60 months.
• Chai fama Loan multiplier is 30 times or 90% of the previous years’ Bonus rate (whichever is lower) multiplied by the cumulative kgs for the last 12 months, then multiplied by the number of years the member has applied for the loan. Maximum period will be 5 years..
• Immediate loan buys off from other financial institutions.
• No loan buys off charges from other financial institutions

Benefits

• Quick processing and approval.
• Immediate Loan buy off.
• Flexible repayment period.

• Maximum repayment period of 72 months
• Interest rate of 1% p.m. reducing balance
• Maximum loan of up to 4 times member deposits and must not exceed the value of the property being bought
• Member can qualify for another investment loan on clearance arrangement within the security earlier provided.
• Loan secured with deposits and purchased land/property