- These are loans to take care of personal requirements.
- Corniche loans are repaid within a period of 24 months.
- Interest rate of 1.5% per month on a reducing balance method.
- Granted up to a maximum of Kshs. 600,000.
- Other than the latest pay-slip and guarantors, no other supporting documentation is required from a member.
- Cheques are paid directly to the member unless otherwise advised by the member.
- Member must clear the existing loan before applying for a new Corniche loan.
