Our Loan Products are customized for every borrower and period

Long Term

  1. Competitive rates
  2. No processing fees
  3. 1-month grace period if loans issued after 15th of the month.
  4. Manageable repayment amounts
  5. Longer repayment period
  6. No penalties for early loan clearance
  7. Maximum loan borrowing is 30 million.

This is an all-purpose loan facility advanced to all Members for improvement, development or investment. Best for first time borrowers who are looking into paying a long-term loan within a shorter period.

Product Features

  1. Repayment period of 48 months
  2. Interest rate of 1%(12%) per month.
  3. Maximum entitlement is 4 times total deposits plus shares.
  4. Guarantors and acceptable collaterals required.
  5. Maximum Loan- 4 times total savings
  6. Terms and conditions on self- guarantee apply
  7. Maximum Loan- Ksh 30 Million.

Requirements

You need to be a Sacco member for six months and have met the loan eligibility criteria

A duly completed loans application form

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This is a special product tailored to satisfy members need for extra financing after taking up a normal loan and there is still need for more project funds.

Features

  1. Maximum entitlement is 4 times total deposits plus shares less any outstanding loans.
  2. Repayment period determined by any previous running loans.
  3. Interest rate 1% p.m. (12%) on reducing balance
  4. Top up loan at no commission
  5. Guarantors and acceptable collaterals required.
  6. Terms and conditions on self- guarantee apply

Requirements

You need to be a Sacco member for six months and have met the loan eligibility criteria

This is a special product tailored to satisfy members need for extra financing after taking up a normal loan and there is still need for more project funds.

Features

  1. Maximum entitlement is 4 times total deposits plus shares less any outstanding loans.
  2. Repayment period determined by any previous running loans.
  3. Interest rate 1% p.m. (12%) on reducing balance
  4. Top up loan at no commission
  5. Guarantors and acceptable collaterals required.
  6. Terms and conditions on self- guarantee apply

Requirements

You need to be a Sacco member for six months and have met the loan eligibility criteria

Own your first car or an upgrade through the SACCO. You can now purchase imported or locally purchased car

Features

1 Maximum entitlement is 4 times total deposits plus shares.

2.Repayment period of 48 months

  1. Interest rate of 1.125% (13% per month for used vehicles

4.Interest rate of 0.96% for new vehicles

  1. Financing of up to 75% for used vehicles and 90% for new vehicles respectively.
  2. log book can be used as collateral

7.Terms and conditions on self- guarantee apply

Requirements

  1. You need to be a Sacco member for six months and have met the loan eligibility criteria
  2. A duly completed loans application form
  3. Sale agreement
  4. Valuation report (not more than 3 months)
  5. Invoice.

This product is intended to empower members undertake development projects with long term benefits e.g. Residential & Commercial buildings, Business ventures and other investments. Best for First time borrower who are looking into paying for a longer period at manageable repayment amounts.

Features

Loan issued 4 times deposits plus shares

  1. Repayment- 60 months.
  2. Interest rate- 0.011% p.m. on reducing balance
  3. Guarantors and acceptable collaterals required.
  4. Disbursed within a month
  5. Terms and conditions on self- guarantee apply
  6. Maximum Loan- Ksh 30 Million.

Requirements

You need to be a Sacco member for six months and have met the loan eligibility criteria

A duly completed loans application form

This is a special product tailored to satisfy members need for extra financing after taking up a Development loan and there still need for more project funds and stretch the repayment up to 60 Months

Product features

  • Loan issued 4 times deposits plus shares
  • Repayment- 60 months.
  • Interest rate- 0.011% p.m. on reducing balance
  • Guarantors and acceptable collaterals required.
  • Disbursed within a month.
    Requirements

You need to be a Sacco member for six months and have met the loan eligibility criteria

A duly completed loans application form

Short Term

  • Quick processing
  • High approval rates
  • Short repayment period which translates to less interests.
  • Possible Disbursement via M-Pesa account
  • No processing fees

Never get caught up

Unexpected and sudden expenses can overwhelm the best of us. We know that emergencies happen, and we are here to help.

This product is especially tailored to satisfy members with emergency needs

Features

  1. Maximum KES 500,000.
  2. Repayment period of 12 months
  3. Interest rate of 1% per month reducing balance.
  4. A member is entitled to only one emergency loan per a year

~Education is the great equalizer~

School fees can be a burdensome on the family budget but not to us. Take advantage of our school fees loan. This is a special product tailored to satisfy members with school fees needs

Features    

  1. Maximum entitlement KES 500,000.
  2. Repayment period of 12 months
  3. Interest rate of 1% per month on a reducing balance.
  4. A member is entitled to only one school fees loan per a year

Fast Cash! Take advantage of the convenience of Mobi loan.

This product is especially tailored to satisfy members with fast cash needs

Features

  1. Maximum entitlement is 10,000
  2. Repayment period of 1month at an interest rate of 5%.
  3. Minimum savings requirement of KES 50,000 and a Share Capital of 10,000. Maximum entitlement is 10,000
  4. Terms and conditions apply

  1. Get quick Funding with easy approvals. When your car breaks down or rent is due tomorrow and you don’t have the cash the short term is especially tailored to take care of such needs Features
    1. Maximum entitlement KES 200,000.
    2. Repayment period of 6 months
    3. Interest rate of 1.5%per month on a straight-line basis
    4. A member is entitled to only one short term loan per a year.

Features

  1. Maximum 50,000
  2. Repayment period of 2 months
  3. Interest rate of 5% on straight line.

Features

  1. Loan advanced within the members deposits.
  2. Member should not have guaranteed other members.
  3. If a member has guaranteed a loan, they will be required to have their loan guaranteed.