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How a samchi credit loan works

Principal Amount

Interest rate (0.02)

Number of months

Principal Amount

Number of months

Kshs. 300

  • Constants: Interest rate: Currently at 2% per month
  • Processing fee: 5% of the principle, one off for 12 months
  • Variables: Principal Amount: Kshs. 5,000 – Kshs. 300,000
  • Number of months: 1 month minimum – 12 months maximum
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