Thank you for expressing interest in being part of the Cedars of Lebanon SACCO ltd. our members are the reason the SACCO exists. we would therefore address several questions our members and prospect members have in order to help everyone to make an informed decision about their membership. here are some of the frequently asked questions about our SACCO
Membership FAQ's
OUR LOAN PRODUCTS
Our loans are priced basing on a risk inherentapproach per loan product.
Requirements: Shares: Savings ratio (1:1) i.e you can borrow same amount in savings plus same amount in shares. Active members: Must have been constantly saving and buying shares for 6months and above. Tenure:2 years
Keep your children in school with our school fees loan Requirements: Shares: Savings ratio (1:1) i.e you can borrow same amount in savings plus same amount in shares. Active members: Must have been constantly saving and buying shares for 6months and above. Intrest Rate: same as for the personal loan bands Tenure:2 years
Requirements: Shares: Savings ratio (1:1) i.e you can borrow same amount in savings plus same amount in shares. Active members: .* Must have been constantly saving and buying shares for 6months and above. *Active savings account within a period of 3months. *Emergency loan must be payable in 3months