EMERGENCY LOAN: Tailored to enable you handle the emergencies that come up time and again Repayment period is 6-12 months Interest rate is friendly and competitive. Product is open to members with the ordinary membership account and Biashara business account.
PRODUCT LOAN: Product enables acquisition of various assets. Repayment period is 6-12 months Interest rate is friendly and competitive. Product is open to members with the ordinary membership account.
EDUCATION LOAN: This loan products are tailored to finance education needs of our members. Repayment period ranges from 6-24 months depending on one’s ability to service. Interest rate is friendly and competitive. Product is open to members with the ordinary membership account.
NORMAN LOAN: This is a self-improvement loan product advanced to enable members engage in income generating activities as a way out of dependency on the paycheck. The normal loan is most famous for the opportunity it gives the member to re-finance even before completing repayment. This enables the member to expand operations without having to apply for a new or a different type of loan for that purpose.
DEVELOPMENT LOAN: These are the loans tailored to help you finance your big projects. Repayment period of this products ranges from 24-48 months. Interest rate is friendly and competitive. Product is open to members with the ordinary membership account.
BODA BODA LOAN: This product is tailored to members in Boda Boda business by either acquisition of the motor bike or maintenance of the already existing one. Repayment is 12 months.
BUSINESS LOAN: Tailored to enable financing of business ventures/expansions. Repayment period ranges from 6-24 months. Interest rate is friendly and competitive. Product is open to members with the ordinary membership account and Biashara business account.
ONE MONTH ADVANCE: This a mobile phone loan issued by the Sacco to her members.
- One must be a Sacco member who has finished at least two months.
- Advance is issued via mobile phone (M-PESA)
- Advance issued should be within a member’s deposits
- Maximum amount for this product is KES 10,000
- Repayment period is one month (30 days)
INSURANCE FINANCING LOAN: This facility is offered in partnership with the CIC insurance group for motor private, motor commercial, and other non-motor types of insurance including Medical, Home, Business, and personal accidents.
- Maximum amount – As per insurance premium.
- Maximum period is 6 months.
- Interest rates are friendly and competitive
No guarantors are required for motor vehicle financed by the society.
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CONSOLIDATION LOAN
CAR LOAN
INSURANCE FINANCING LOAN: This facility is offered in partnership with the CIC insurance group for motor private, motor commercial, and other non-motor types of insurance including Medical, Home, Business, and personal accidents.
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