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Tip: If you’re a newbie Mac user, it’s easy to get confused with all of the different Mac stuff out there. You’re not alone. When my Mac crashed, I couldn’t even understand it and had to start over. That was my first reaction. After learning the many ways of cleaning my Mac’s hard drive, these issues are gone.

Tip: It’s very easy for a novice Mac user to become ambivalent about all things Mac. It’s a good idea to learn more about the Macworld before you start cleaning up and optimizing your Mac’s speed. To start, you need to be aware that the Mac operating system has been around since the early 80s. Keep in mind that some older Mac computers might have bugs that slow down and impact the speed of your Mac. There are many simple steps that you can do to fix these problems.

Tip: It is important to not remove your most used and favorite programs from your Mac when cleaning it. This causes a lot of unnecessary “empty space” inside the main memory of your computer. It slows down the speed of your Mac’s main memory, and takes away its ability to scan the contents quickly. So, to speed up my Mac, I always delete apps that are not in use a specific app often. Also, I make sure that I my mac is running slow don’t store lots of data in my Mac registry because this also adds a lot of extra unnecessary space that my Mac doesn’t have any room for.

 

  • This loan is based on the main deposit savings scheme.
  • Maximum entitlement is 3 times the deposits in the main savings scheme.
  • Maximum loan repayment period is 36 months
  • The applicable rate of interest is 1.25% p.m. on reducing balance.
  • Repayment ability (supported by applicant’s payslip or three months bank statement for those not in salaried employment or legally acceptable and perfected security will determine the maximum amount of loan to the member subject to the two-thirds rule.
  • Loans are granted once every month and the deadline for submitting application forms is on 20th of every month.
  • Disbursements are made not later than 30th of the same month.
  • Loan processing fee is 1.5% of the qualifying loan amount.
  • Maximum entitlement is 3 times of Education savings.
  • Maximum repayment period is 24 months.
  • The applicable rate of interest is 1.25% p.m. (reducing balance).
  • Loan processing fee is 1.5% of the qualifying loan amount.
  • Maximum entitlement is Kshs.200, 000 subject to members’ ability to repay.
  • Maximum repayment period is 1 year
  • The applicable rate of interest is 1.25% p.m. on reducing balance
  • Disbursement is done within 24hrs upon receipt of the application form. When urgency dictates to be disbursed through mobile channel.
  • Loan processing fee is 1.5% of the qualifying loan amount.
  • Asset Financing Loan
  • The Sacco will finance the asset up to Loan multiplier five (*4) times the deposit savings of a member.
  • Maximum repayment period is 48 months
  • Interest rate on the loan is 1.25% p.m. on reducing balance.
  • Asset becomes part of the security.
  • Joint ownership of the asset between the member and the Sacco.
  • The Assets purchased with this loan should strictly be for commercial purposes such as Boda Boda, Uber cars, Hospital or Hotel equipments.
    • Loan processing fee is 1.5% of the qualifying loan amount
  • Retirees Booster Loans are only accessed by the retirees operating retirees savings scheme account.
  • Senior citizens who have retired but are in profitable business can access loans from Scholar Sacco.
  • These retirees must have deposited their retirement benefits with the Sacco which will be used as a basis for accessing loans to boost their business.
  • Based on the above condition the maximum amount is
  • Kshs.800, 000 as long as it is not more than ¾ of the deposits held in the retirees’ savings scheme account.
  • Maximum repayment period is 36 months.
  • The applicable interest rate is 1.25% p.m. on reducing balance.
  • Loan processing fee is 1.5% of the qualifying loan amount.
  • Maximum entitlement is 5 times of the deposits in the main savings scheme.
  • Maximum repayment period is 60 months.
  • Eligible members must have accumulated savings deposits of Kshs.2, 000,000 and above.
  • The interest rate on super premium loan is 1.25% per month on reducing balance.
  • Loan processing fee is 1.5% of the qualifying loan amount.