Page 3 - Ramco JO SACCOStar _Vol 50.indd

Introduction

We pride ourselves to be the premier
property ?nance institution with a
variety of products to suit the need of
Individual and Corporate members.

We have led the Co-operative
movement in provision of one of life’s
main basic need i.e. shelter.

A KUSCCO Individual mortgage General information and membership
requirements:
KUSCCO Individual Loan is tailored for
individuals who wish to buy or construct their • Minimum monthly savings of Kshs. 3,000. A
dream homes; put up commercial rental units or member may save more depending on his/her ability
buy a piece of land/ plot and plan. Members are encouraged to save Ksh. 100
on daily basis.
Eligibility:
• A stable interest is charged on mortgage facility
• Membership/registration fee of sh 3,000; and is calculated on reducing balance basis;
• Buy minimum shares of Ksh 20,000;
• Loan repayment period is a maximum of 15 years;

• The following shall form security for the facility:

o The savings with KHC;
o Title deed of the property.

Contacts:
P.O. Box 28403-00200,Nairobi, Tel:020 2730191/ 020 2722927,
Cell phone: +254 734 699 674 /+254 722 206 331,
Email: info@kusccohousing.coop, Website: www.kusccohousing.coop