Normal / Development Loan

Maximum is three (3) times members deposit
Subject to entitlement
Repayment period is within 36 months
Interest of 1% per month on reducing balance

School Fees Loan

Maximum of Kshs.150,000/=
Funds must be paid directly to the school account
Repayment period is within 12 Months
Interest of 2% per month on reducing balance

Emergency Loan

Maximum of Kshs.1,000,000/=
Repayment period is within 12 Months
Interest of 2% per month on reducing balance
Only one emergency loan can be granted at a time

Instant Loan

Maximum of Kshs.100,000/=
Repayment period is within 6 months
Interest of 10% per month on reducing balance
Funds availed within 48 hours of loan application approval

Holiday Loan

Maximum is the amount required for the full trip
Repayment period is within 12 months
Interest of 2% per month on reducing balance

Asset Financing Loan

Maximum of three (3) times of member’s deposits
Financing is at 70% by Sacco and 30% by borrower
Repayment period is within 36 months
Interest of 1% per month on reducing balance
Joint ownership with the borrower until loan is fully repaid
Signed documents from dealer for purposes of payment
Asset must be jointly charged with the Sacco.