Products & Services

Savings

Members are afforded the opportunity to save a monthly non-withdrawable contribution of at least £50, which accumulates and earns dividends. It is this saving that a member uses to secure a loan from the society.

Loans

The society has tailored different loan products to suit its members, through partnerships with select commercial banks. The loans include;-

Personal loan
• can be taken after 6 months of joining KENUKS
• Maximum £20,000
• Repayment period of 48 months
• Member's and guarantor's shares used as security
• Qualifying loan 3 times a member's savings

Emergency loan
• Can be taken after 6 months of joining KENUKS
• Maximum £2,000
• Repayment period of 6 months
• Processed weekly
• Only member's shares used as security
• Qualifying loan 3 times a member's savings

Instant loans
• Can be taken after 6 months of joining KENUKS
• Processed within 24 hours
• Repayment period of 3 months
• Maximum £1,000
• Qualifying loan 3 times a member's saving

Development loans
• Can be taken after 6 months of joining KENUKS
• Maximum £50,000
• Repayment period is 60 months
• Member's and guarantor's shares used as security
• Qualifying loan 3 times a member's savings

Investments

The society encourages members to undertake investments through joint ventures in identified  projects such as land buying, land development and business enterprises.