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United Nations DT SACCO
Borrow up to KES 100,000 in minutes, pay over 3 months, 5% access fee, 5% monthly balance, immediate mobile application & easy FOSA account disbursement.
The UN DT SACCO Quick Cash Loan is designed for members needing urgent funds, offering up to KES 100,000 based on individual credit scoring. The loan features an access fee of 5% and a further 5% monthly interest on outstanding balances. Borrowers are granted up to 3 months (90 days) to repay, with the freedom to make payments flexibly during this period, provided the total is cleared by the due date. The application process is streamlined for convenience via USSD, QC Wallet app, or Internet Banking.
How to Apply for the Quick Cash Loan
- Ensure you have been a United Nations DT SACCO member for at least 6 months, making regular monthly contributions.
- Register for the QC WALLET mobile banking service if you have not done so already.
- To apply, dial the USSD code *882#, use the QC Wallet app, or sign in through Internet Banking.
- Submit your loan request and await approval, which is subject to your qualification score.
- If approved, funds are sent to your FOSA account immediately for your quick use.
Pros of UN DT SACCO Quick Cash Loan
One of the key advantages is instant access to funds through your mobile, which is crucial in emergencies. Disbursement is efficient, and you can borrow up to KES 100,000.
The flexible repayment option allows you to pay any amount within three months, giving relief from strict monthly installments. The application is entirely digital, saving you time and stress.
Cons of UN DT SACCO Quick Cash Loan
The total interest and fees can add up, with a 5% charge upfront and 5% on the balance every 30 days, which could be costly if the loan is not paid back quickly.
Membership of at least six months with consistent contributions is required, so it’s not suitable for new members needing fast funds before this period.
Veredicto final
The UN DT SACCO Quick Cash Loan is an efficient, mobile-first solution for those who need funds on short notice. Its digital process, quick access, and flexible repayment terms will appeal to many. However, potential applicants should consider the total cost of borrowing and ensure they qualify by being active SACCO members for at least six months.