This is a loan of three times your savings payable over a maximum of 66 months at an interest rate of 1% per month.
Applicable after 12 months repayment of Normal Loan at 1% per month.
This product enables new members to join and settle in the SACCO while at the same time boosting their deposits. 50% of the loan to be deposited into the member deposits.
Maximum of KShs. 300,000 and payable within 1 calendar year at an interest rate of 1% per month.
Maximum of KShs. 200,000 or one half of the member's savings whichever is lower at an interest rate of 1% per month, repayable in 12 months.
This is a tailor-made product to assist the members in their most urgent financial need.
The facility attracts an interest rate of 10% per month on straight line basis.
This product enables members (through the Society) to purchase costly household goods at a low interest rate compared to market credit interest rates.
A monthly check-off savings of minimum KShs. 1,000, earning an interest of 8% per annum for savings of at least six months, and paid back to the member by
20th December of every year.