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
Loan product
Normal Loan
Our core development loan for big personal goals.
- Interest rate
- 1% per month on reducing balance
- Maximum amount
- Up to 4× your deposits, max KES 5,000,000
- Repayment period
- Up to 48 months
- Processing time
- Upon appraisal and approval
- Security
- Fully guaranteed
Overview
Borrow up to 4 times your deposits (maximum KES 5 million) and repay over up to 48 months at 1% per month on a reducing balance.
Who qualifies
- Active member with regular monthly deposits
- Must retain at least one third (1/3) of salary as net pay after all deductions
What you need
- Fully completed and signed loan application form
- Guarantors to cover the loan in full
- Latest payslip(s) or proof of income
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
Normal Loan calculator
See what your monthly repayment could look like.
Estimates only, based on 1% per month on reducing balance. Final terms depend on appraisal.
Other loans you may like
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
Log Book Loan
Finance a car or unlock value in your vehicle.
- Interest
- 1.5% per month on reducing balance
- Limit
- KES 1,000,000 or 4× deposits, whichever is lower
- Repay in
- Up to 48 months