Co-op bank has been hailed for its distinct customer care with great tailor-made products to uplift their customers since its inception, back in 1965.
Mkopo wa Kujengana Loan is one such amazing product that clearly shows the bank’s efforts in contributing to Kenyan’s achieving stable finances to ensure stability in life.
Mkopo wa Kunjengana loan is a, Co-op bank product, that is available to individual group members. The group must be registered as a self-help group by the relevant government authorities.
The Mkopo wa Kujengana loan product has enticing features that Kenyans need to take advantage of to grow their businesses. Products such as getting up to five times the accumulated cash collateral savings, a checkbook, Co-op Cash debit card, and monthly statements ensure smooth transactions.
For one to qualify for a Mkopo wa Kujengana loan, they must be a member to a registered self-help group which means having all the necessary paper works to prove so. The members qualify for the loan after 8 weeks of training.
The loan is given based on a co-guaranteeing mechanism and one must also have a KRA PIN so as to avail a copy of the same.
To better understand this product, one should visit https://www.co-opbank.co.ke/banking/personal-banking/personal-borrowing/mkopo-wa-kujengana-loan