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  • Kimisitu Guarantor Replacement Form

Get Kimisitu Guarantor Replacement Form

KIMISITU SAVINGS CREDIT CO-OPERATIVE LTD THE MANAGEMENT COMMITTEE KIMISITU SACCO LIMITED P. O. BOX 30677 NAIROBI. GUARANTOR REPLACEMENT. I M/No of institution hereby undertake the guarantorship replacement in place of who is a guarantor to fully understand section Replacement Guarantee on the Kimisitu Sacco s loan application form.. I Declaration* I the undersigned hereby accept the liability for the repayment of the loan in the event of the borrower s default* I understand that the amount in default may be recovered by offset against shares in the society or by attachment of my property or salary and that I shall not be eligible for loans unless the amount in default has been cleared in full*. M/No* Name Shares Kshs. ID/No*. My Loan Balance Kshs. Existing Guarantors Signature. Date ICRAF HOUSE OFF UNITED NATIONS AVENUE GIGIRI P. I Declaration* I the undersigned hereby accept the liability for the repayment of the loan in the event of the borrower s default* I understand that the amoun....

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How to fill out the Kimisitu Guarantor Replacement Form online

Filling out the Kimisitu Guarantor Replacement Form online is a straightforward process designed to ensure that guarantors can easily take on the responsibility for loan repayment. This guide will walk you through each section of the form, providing clear instructions to help you complete your submission effectively.

Follow the steps to complete the form accurately:

  1. Click the ‘Get Form’ button to access the Kimisitu Guarantor Replacement Form and open it in your preferred online editor.
  2. In the first section, enter your Membership Number (M/No.) and the name of the institution you are associated with. This identifies you and links your guarantorship to the respective institution.
  3. Next, indicate the name of the current guarantor you are replacing. It’s important to accurately fill in this field to establish a clear connection.
  4. Provide details about the borrower, including their Membership Number (M/No.) and institution name. This connects your guarantorship to the specific borrower.
  5. Read and understand Section C, which pertains to the Replacement Guarantee. Ensure you comprehend your obligations as a new guarantor.
  6. In the declaration section, write your full name and confirm your acceptance of the liability for loan repayment in case of default. Make sure you take this responsibility seriously.
  7. Fill in your Shares amount, ID Number, and current Loan Balance accurately. These details are crucial for financial records and related responsibilities.
  8. List any existing guarantors as needed, providing their necessary details if applicable.
  9. Finally, sign and date the form to validate your agreement and understanding of the responsibilities associated with becoming a guarantor.
  10. Once you have completed all sections, you can save changes, download, print, or share the form as necessary.

Start filling out the Kimisitu Guarantor Replacement Form online today to ensure your application is processed efficiently.

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This is a mobile banking facility that enables our members make payments to the Sacco through M-PESA using their mobile phones at the comfort of their homes. Examples on making payments: If amount to pay is Kes. 3,000. The charges above shall apply for amounts being paid to the Sacco through MPESA.

Withdrawals can also be made using the USSD (Dial *346# and select deposit to FOSA Account). Other options available are; over-the-counter cash withdrawal and cash deposit, bankers cheques and transfer to banks.

The M-Kimisitu loan is a mobile based facility that enables members to access funds instantly on their mobile device. This can be accessed through USSD *503# or downloading 'Kimisitu Money' from App Store or Google Store.

1,000 while minimum monthly deposit con- tribution is Kes 2,000.

Individual membership - minimum monthly contribution is Ksh. 2,000. Corporate & Chama membership - minimum monthly contribution is Ksh. 10,000.

Requirements for Individual Membership Completed online registration form - .kimisitusacco.or.ke. Copy of National ID. Copy of KRA PIN certificate. Passport size photo. Membership entrance fee of Ksh.1,000 or Ksh.1,022(via M-PESA) Minimum monthly contribution of Ksh.2,000. Initial Minimum share capital of Ksh.5,000.

Kimisitu Sacco membership is open to employees of Non-Governmantal Organizations, International Organizations, Embassies, Foreign Mission and other reputable organizations. Kenyans living in the Diaspora are eligible to join the Sacco. Anyone working in our member organizations are eligible to join the sacco.

9. How long does it take for one to get a loan? The turn around time is between 3 and 7 working days with an exception of emergency, instant and education loans that take a maximum of 12 working hours.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232