Fixed Deposits

A fixed deposit is a tenured deposit account provided by SACCO which provides members a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. 

Invest your money for a fixed period of time and earn a guaranteed specified interest. You can neither withdraw nor deposit on that account until the time period elapses. What you get. Competitive interest rates which are fixed up front

Ordinary Savings

This is a deposit account designed for regular savers with a special commitment for a set goal. This also serves as a loan account for individual borrowers.

This caters to personal savings, with interest on your balance, though limited transactions encourage consistent saving.

Save As You Earn

The plan SAYE (save as you earn) provides the option to members to buy the shares as they are working for the SACCO. Discounted prices are often offered to members of the SACCO to promote the purchasing of the shares. There will even be an option of saving on a monthly basis from the post-tax amount of money.

Salary Loans

Let your big plans and dreams come to life with the SACCO Salary loan. Get fast loans with flexible repayments for medical treatment, education, purchase of assets, financing a start-up business or any legally productive venture.

School Fees Loans

This loan enables a parent or guardian or student to access funds to clear school fees at once and pay later in manageable installments.

Our Loan Products are among the most competitively priced loans in the market. The majority of our loans are secured using Members’ shares. However we are flexible enough to consider alternative forms of loan security including collateral and salary guarantees.

Personal Development Loans

The Loan can be used for

  • Meeting investment expenditure purposes to finance assets and / or projects capable of diversifying income streams for the clients such as purchasing of rental apartments or commercial buildings, and establishing of developmental projects with potential to raise cash flows.

  • Meeting capital expenditure purposes such as housing and home refurbishment, purchasing private motor vehicles, household assets, solar equipment and purchase of land.

  • Meeting consumption expenditure purposes such as weddings, hospitalization and funerals.

  • Meeting asset financing expenditures i.e. purchase of land, purchase of motor vehicles, purchase of houses, and other assets.

Business Improvement Loans

A business loan is a loan taken out by a business to pay for business expenses such as equipment, to cover operating expenses, or to expand into new markets ,construction of dometry, Library,class room block,School improvement such as renovations,upply of computers to boost It in schools enable easier school management systems , furniture restocking and laboratory, purchase of vans for school to enable easier transportation of the learners.

The purpose of the Business  Loan is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in members of the SACCO. 

Other Loans We Offer!

Holiday Upkeep
School Improvement Loans
Technology Loans
Equipment Loans For Schools
School Van Loans
Salary Loans
Land Purchase Loans
Education Loans For Teachers Upgrading
Group Loans
Home Improvement Loans