THE KENYA BANKERS
We, the undersigned members of [Insert Group Name], confirm that the information provided is accurate to the best of our knowledge. We acknowledge that we understand the terms and conditions of the loan, including the repayment obligations and any required Loan Protection Cover.
Mandatory Credit Life Cover Authorization:
We agree to take the mandatory credit life cover.
Privacy Statement:
The personal and business details provided in this application will be used for the purposes of loan processing, risk assessment, and credit evaluation. By submitting this application, the group consents to the processing of its personal and business data in accordance with data protection laws. The information may be shared with third parties involved in the loan process (e.g., credit bureaus, insurance providers, etc.)
Consent
By submitting this application, I consent to the use of my personal information for the creation of savings and current accounts, loan processing, credit evaluation, approval, and other related purposes. This includes obtaining my credit report from licensed credit bureaus, verifying information with financial institutions, and using the data for risk assessment and analysis.
I have read and understood the privacy statement. Privacy Policy
The lender is committed to ensuring that loan funds are used responsibly and in alignment with ethical business practices. As part of this commitment, loan applicants must adhere to the following safeguarding guidelines and prohibited uses of funds:
Safeguarding Principles:
Prohibited Use of Loan Funds:
By signing this application, the group acknowledges and agrees to comply with these safeguarding principles and prohibited use guidelines.
Any violation may result in immediate loan termination and legal consequences.
We acknowledge and agree to the safeguarding principles and prohibited use of funds.
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