Soma Loan
Product Description
Soma loan is a short-term unsecured personal loan to finance expenditures related to the schooling of our customers and their children. The personal loan can be used to finance all levels of education.
This loan will help you relieve the stresses of paying school fees and offer you the lowest loan rate, keeping you on track with your big dreams.
Benefits
- A timely solution to school fee needs
- Unsecured loan
- Application feedback is given within 48 hours
Features
- The fixed interest rate of 15%
- No processing fee
- Minimum borrowing of Kshs. 20,000 and a maximum of Kshs. 500,000.
- Loan tenure of up to 10 months
Requirements:
- Eligible for Employee or retired with regular pay or a defined income stream.
- A minimum of 3 months with the same employer (for employees)
- A valid employment contract.
- The latest payslip