Mwalimu Sacco Motorcycle Loan

Motorcycle Loan

Members can source for motorcycle brands from their dealers of choice.

Eligibility:

1. A member must have attained Back Office savings of over 100,000.00.
2. A member shall maintain a monthly saving of 1,000.00 throughout the loan term.

• Member must contribute 30% of the motorcycle invoice

1. The motorcycle logbook shall be jointly registered between Mwalimu National and the member throughout the loan
2. Disbursement is done through bankers Cheques/RTGS to dealers of
3. The motorcycle shall be comprehensively insured at all times during the loan term through MNS RIB