Our Savings Package

  • Saving mandatory

    Duration:1-6months Interest Rate: 5% flat Fees: Processing fees: N1500 Search fee: N1,000 Credit Insurance fee: 1% of the principal loan amount

  • Kolo Savings

    Duration:1-12months Interest Rate: 4% flat Fees: 20% administrative charge on withdrawal of the savings Minimum savings: N1,000 per time

  • Kolo Savings-contributory

    13x the total savings:on the account. Interest Rate: 5% flat Fees: Processing fees: N1500 Search fee: N1,000 Credit Insurance fee: 1% of the principal loan amount