Home improvement loans

Below are the requirements

  • The loan client has to be a member of BFS.
  • These loans are offered at 2.5% per month calculated on reducing balance method.
  • Payable in a period not exceeding 24 months.
  • Happy family loans particularly (beds, chairs, blankets, cupboards, bed sheets and bedcovers) are payable in a period not exceeding 6 months and the maximum amount is Shs.1,000,000. The Interest rate for this category is 2% per month calculated on reducing balance.
  • Biogas loans are offered at 1% interest rate per month calculated on reducing balance.
  • Solar loans are offered at 1.5% interest rate per month calculated on reducing balance.
  • The institution has got prequalified specialists contracted for the construction of water tanks at a cheaper cost.
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