Our Loan Products
We have a variety of Tailor made Loan products geared to promote Member needs.
Asset Finance Loan
This loan product enables SACCO members who are business people, farmers, the employed to acquire assets such as land, motor vehicles, motor cycles, farm equipment’s and machinery and other productive assets.
1. Motor cycles 2. Water tanks 3. Irrigation equipment 4. Improved stoves 5. Bio gas equipment
Qualify for Amounts up to Ksh 5,000,000 Subject to 30% Total Cost of the Asset.
Flexible Repayment period.
Development Loan
This is a facility for members for self-development through the acquisition and development of personal assets and projects such as land, buildings etc.
Qualify for Amounts up to Ksh 10,000,000 Subject to 3 times Savings Multiplier / Tangible Security.
Flexible Repayment period.
Elimu Loan
Tailored for: All customers to cover for their Personal or Dependants Educational needs.
Qualify for Amounts up to Ksh 150,000 Subject to 3 times Savings Multiplier.
Flexible Repayment period.
Lainisha Mobile Loan
This short-term advance through the phone to cater for individual short-term needs. This is an e-loan and applications are only through the mobile phones
Qualify for Amounts up to Ksh 5000. Accessibility Via both App and USSD.
Flexible Repayment period.
Corporate Loan
This product will cater for the institutions short term needs such as payroll and bills payments.
Qualify for Amounts up to Ksh 20,000,000
Flexible Repayment period.
Salary Loan
This is a salary-based loan to finance members personal development and consumption needs based on the expected salary proceeds.
Qualify for Amounts up to Ksh 500,000 Subject to members deposits multiplier.
Flexible Repayment period.
Salary Advance Loan
This advance will be available to the salaried employees to take care of their very short-term needs.
Qualify for Amounts up to Ksh 300,000 Subject to 1/3 rule on Net Salary.
Flexible Repayment period.
Rebates Advance
This is a short-term advance against and expected payment due to the member.
Qualify for Amounts up to Ksh 300,000 Subject to percentage on expected interest on depost.
Flexible Repayment period.
Business Loans
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Bakisha Loan
This loan will provide micro business people with working capital for their business based on their determined business turnover and cash flow. This loan also caters for employees/workers of small and medium enterprises
Qualify for Amounts up to Ksh 50,000 after saving actively for 2 months.
Flexible Repayment period.
Bizna Loan
This loan will provide business people with much needed working capital for their business based on their determined business turnover and cash flow.
Qualify for Amounts up to Ksh 1,000,000 Subject to 3 times Savings Multiplier.
Flexible Repayment period.
Farmer Loans
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Rice Farming Loan
Tailored for: Farmers to cater for their Crop production needs.
Qualify for Amounts up to Ksh 500,000 Subject to 3 times Savings Multiplier.
Flexible Repayment period.
Rice Transplanting Advance
Tailored for: Farmers who have Planted seedlings for the current crop Season.
Qualify for Amounts up to Maximum based on cost per acre. as determined by the BOD.
Flexible Repayment period.
Rice Crop Advance
Tailored for: Farmers who have Planted seedlings for the current crop Season.
Qualify for Amounts up to Maximum based on cost per acre. as determined by the BOD.
Flexible Repayment period.
Rice Loan (For Non-MRGM/Tana Deliveries)
Tailored for: Farmers who have Planted seedlings for the current crop Season.
Qualify for Amounts up to 500,000Maximum based on cost per acre. as determined by the BOD.
Flexible Repayment period.
Rice Harvesting Loan
Tailored for: Farmers during harvesting season to cater for their Harvesting expenses.
Qualify for Amounts up to Maximum Amount based on Cost per Acre.
Up to 12 Months Repayment period
Kilimo Biashara Loan
Short term agricultural loans to horticultural farmers to finance their production needs especially for farm inputs. Such farmers include but not limited to livestock farmers and horticultural farmers value chains.
Qualify for Amounts up to Maximum Amount based on amount shall be based on the member’s ability to.
Up to 12 Months Repayment period