Loans
Normal Loan
Regular Savings for six months or more upon joining will enable one to qualify for this loan. The loan maximum amount is three times your total deposits at the time of the loan application. Loan repayment is monthly from 1-48 months depending on the amount of the loan at an interest rate of 1% monthly on reducing balance. Guarantors' Deposits + Borrower's Deposits.
Emergency Loan
Regular Saving for six months or more upon joining will enable you to qualify. The loan maximum amount is three times your total deposits at the time of the loan application. Loan repayment is monthly from 1-12 months depending on the amount of the loan at an interest rate of 1% monthly on reducing balance. Guarantor's Deposits + Borrower's Deposits.
Instant Loan
This loan product is tailor made for salaried members and payable through Check Off. The loan payable within one month from date of issue at an interest rate of 10%. This loan requires one guarantors and also not processing fee. The loan is mostly disbursed through our Mobile banking platform for quick access by members.
Purchase of item loan
The SACCO purchases household items, phones, tvs, woofers etc., to members which they repay monthly at an interest rate of 5%. The repay period for this loan is 1-12 months.
loan application form Need financial assistance? Loan?
We're here to support you every step of the way. Whether you're looking for a Normal Loan or need an Emergency Loan, getting started is easy. Simply download the relevant application form below and take the first step toward securing the funding you need