Group Lending

Group Lending

Kingdom SACCO offers a Group Lending program designed to empower members through collaborative borrowing. This initiative encourages members to come together as a group to access loans, fostering a sense of community while providing financial support.

Key Features:

1. Collaborative Borrowing
   Members form groups that apply for loans collectively. This approach allows individuals to access larger loan amounts while sharing the responsibility of repayment.

2. Affordable Interest Rates
   Group lending often results in lower interest rates compared to individual loans, making borrowing more affordable for members.

3. Peer Support
   Group members encourage and support each other, enhancing accountability and increasing the likelihood of successful repayment.

4. Flexible Loan Terms
   The program offers various loan products tailored to meet the specific needs of groups, whether for business expansion, community projects, or other purposes.