This is a loan product designed by Trans Nation Sacco for their members in need of huge amount of development loans. This product has a maximum repayment period of 96 months

Qualification

Premium Loan Features

1. Loan repaid in 96 months.
2. Designed for check off members only.
3. 2/3 policy to be fully adhered.
4. Loan to be given up to *6 of member’s shares depending to ones class of membership.
5. One can be given x10 if he or she accepts his or her dividends to be capitalized for 4 consecutive years ie Premium Member.
6. Guarantorship policy remains.

Benefit to the members

1. Members can qualify more cash hence meeting their needs.
2. Members with fewer shares can get big loans since they can go up to 10 times their shares.