Guarantor commitment
BANKWISE CBO — SMOCHA254 PROJECT • 100 TROLLEYS • KANGUNDO ROAD
Ksh 10,000 of 1M pool
loan structure
Workshop 500k + Kitchen 300k + Working capital 200k = 1M total. 100 members × 10k = 1M
how it clears
100 stations × Ksh 100/day = 10k/day = 300k/month. Clears in 4-5 months
Commitment
I, the undersigned, being a registered member of Bankwise CBO — SMOCHA254 Project, commit and guarantee Ksh 10,000 (or more as indicated above) of the Ksh 1,000,000 startup loan.
• I understand this guarantee is part of the collective pool (100 × 10k = 1M).
• Daily collections of Ksh 100 per station repay the loan in 4-5 months.
• After loan repayment, daily contributions + 40% profit share go to Trust Fund for growth.
• I agree to abide by CBO code of conduct and remittance rules.
Data: Collected for loan guarantee only, stored securely, not shared without consent per Data Protection Act 2019.
Motto: Learn. Make. Sell. Save. • Bankwise CBO — Kangundo Road (Caltex-Ruai) — Youth 18-25