Group Loan

Group Loan

This Loan is available to members with Group Savings Account, or Mawa Savings Account. The Loan is taken and repaid as a group.

The Group consists of a minimum of 5, and a maximum of 10 members.


Feel free to apply or make an inquiry on this loan.



  • A Constitution is needed, as well as copies of National IDs for the members

  • Maximum Repayment periods are 6 or 12 months

Loan Terms & Conditions

  • Competitive Interest Rate: 2.70% per month
  • Processing Fee: 2.50% (one-time)
  • Insurance Fee: 1.00% per year
  • Flexible Repayment: Choose repayment terms that suit your budget

Why Choose This Loan?

Quick Approval

Fast processing and approval within 48 hours

Secure & Safe

Protected with insurance and transparent terms

Affordable Rates

Competitive interest rates for all loan types

Flexible Terms

Choose repayment schedule that fits your needs

Fee Breakdown

Interest Rate 2.70%
Per month
Processing Fee 2.50%
One-time charge
Insurance Fee 1.00%
Per year

Ready to Apply?

Start your application now and get approved quickly with our simple online process.

Apply Now
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Have Questions About This Loan?

Contact our loan specialists who can help answer any questions and guide you through the application process.

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