Normal Loan
Our core development loan for big personal goals.
- Interest
- 1% per month on reducing balance
- Limit
- Up to 4× your deposits, max KES 5,000,000
- Repay in
- Up to 48 months
Loan product
Fanikisha Loan
Quick short-term cash, fast turnaround.
- Interest rate
- 2% per month flat rate
- Maximum amount
- Up to 4× your savings, max KES 500,000
- Repayment period
- 6 months
- Processing time
- Within 24 hours of approval
- Security
- Deposits as appraised
Overview
Short-term loan of up to 4 times your savings (max KES 500,000), repaid in 6 months. Disbursed within 24 hours of approval.
Who qualifies
- Active member
- Must retain at least one third (1/3) of basic salary after all deductions
What you need
- Completed loan application form
- Latest payslip
How to apply
- 1
Check your eligibility and entitlement (use the loan calculator or log in to the Member Portal)
- 2
Download and complete the loan application form, or apply through the Member Portal where available
- 3
Attach the required documents and have your guarantors sign
- 4
Submit to the SACCO office or email the scanned form
- 5
The Credit Committee appraises your application and you are notified of the outcome
Estimate
Fanikisha Loan calculator
See what your monthly repayment could look like.
Estimates only, based on 2% per month flat rate. Final terms depend on appraisal.
Other loans you may like
Emergency Loan
Help when the unexpected happens.
- Interest
- 1% per month on reducing balance
- Limit
- Within entitlement (4× your deposits)
- Repay in
- Up to 18 months
School Fees Loan
Keep education on track, paid directly to the school.
- Interest
- 1% per month on reducing balance
- Limit
- Up to 4× your deposits, max KES 350,000
- Repay in
- 12 months