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
Zidisha Loan
Top up while you are still repaying.
- Interest rate
- 1.17% per month on reducing balance
- Maximum amount
- 4× deposits, less 5% commission and outstanding balance; max KES 5,000,000
- Repayment period
- Up to 72 months
- Processing time
- Within 5 days of a complete application
- Security
- Fully guaranteed
Overview
Take a new loan while servicing an existing one (other than Normal and Long Term loans). Entitlement is 4 times your deposits less outstanding balance and a 5% commission, up to KES 5 million over 72 months.
Key features
- A commission of 5% is charged on the outstanding balance being offset
Who qualifies
- Member servicing an existing loan (other than Normal or Long Term loans)
- Previous loan repaid for at least 3 months
What you need
- Correctly filled loan application form
- All required attachments
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
Zidisha Loan calculator
See what your monthly repayment could look like.
Estimates only, based on 1.17% per month on reducing balance. 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