Loans
We provide both short-term and long-term loans ranging from cash to material loan designed to meet your dreams and goals. Cash loan – members get cash after loan process where as material loans, members apply for a loan but get materials as quoted in their loan form.
Loans
Professional Financial Solutions
Why Choose Loans?
Fast Processing
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Choose the Right Loan for You
Relief Loan
k500,000.00 LIMIT|8-months term
This is a loan that is issued in time of emergency to our members. It is processed and accessed instantly. Maximum amount is K300, 000. Repayment period is 8 Months. For more information, visit our nearest service center
Normal Loan
24 months
This is a normal loan that is issued anytime to satisfy our member’s financial needs. It is processed within 8 working hours. Up to maximum affordablility. Repayment period is 24 Months. For more information, visit your nearest Service Center
Super Loan
36 months
This is a loan that is issued to our newly recruited members. These are members who have just joined the SACCO. Up to maximum affordability. Repayment period is 36 Months. For more information, visit our nearest Service Center
Mzati Loan
72 months
This is a loan offered to existing members with loans as a top up. Loan amount up to maximum affordability. The repayment period is 60 Months. Loan is insured against death. Members applying for loans of MK500,000 to MK1,999,999 should have 10% of the loan amount as shares or it will be transferred from the disbursed amount. Members applying for loans of MK 2 million and above to hold 15% of the loan amount as shares or it will be transferred from the disbursed amount.
Ndafika Loan
60 months
This is a loan offered to new members and to members without loans. Loan amount up to maximum affordability. The repayment period is 60 Months. Loan is insured against death. Members applying for loans of MK 500,000 and above should have 10% of the loan amount as shares or it will be transferred from the disbursed amount.
Other Services
Savings
Money saved today saves you tomorrow. We offer fixed savings, ordinary savings and long-term savings in form of redeemable shares that earn dividends.
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Welfare Fund
We provide welfare fund to all our members to cushion against the use of savings in times of family member loss.
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Member Education
Member education is a service that empowers members to manage wealth and secure their future. It shows the members their responsibility in making the SACCO strong.
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Visit your nearest service center or contact us for more information about Loans. Our team is ready to help you find the perfect solution for your needs.