Our Products & Services
banking with us
Savings Account
- Minimum Savings of KSH 1000 per month or more depending on one’s target.
- Loans given 3x of Savings.
- Attracts good interest rates.
Fixed Deposit Account
- Minimum Savings of KSH 1000 per month or more depending on one’s target.
- Can be fixed for 3 months, 6 months or 9 months
- Earns fixed interest of 7% per annum if fixed for 12 months
Junior Account
- Beneficial to Those with Children and want to plan their future.
- Account operated by parent/guardian until legal age is attained.
- Minimum Savings of KSH 1000 per month but one can save more and can be withdrawn by guardian with a 60 day notice.
Shares Account
- Minimum Deposit of KSH 5000 is Share Capital.
- Deposits beyond KSH 5000 are special investment and can be used to guarantee a loan.
School Fees Account
- Minimum Savings of KSH 1000 per month but one can contribute as much as they wish.
- Can be withdrawn 4 times a year.
MEMBER LOANS
Our loan products are designed and crafted to fit our customers’ unique growth and development needs.
normal Loan
- Given 3x of member savings
- Interest charged is 13% P.A and can be repaid up to 36 months.
- Security include select plot certificates, title deed or guarantor who is a member of the sacco and has enough savings and a good credit history.
school fees loan
- Flexible repayment period.
- Can be given within savings or 3x of savings with the presence of a guarantor or collateral.
- Immediate processing.
- Negotiable repayment period.
emergency Loan
- To facilitate emergencies like hospitalization, funeral expenses or disasters like fire.
- We give 90% of the savings.
group Loan
- Given 3x of savings.
- Loan secured by asset or given within member’s savings.
- Repayment period up to 36 months.
Self Loan
- Given 90% of the savings at 10% interest per year.
- Given to create a good loan portfolio for a member.
- Given 3x of savings.
- Loan secured by asset or given within member’s savings.
- Repayment period up to 36 months.
Development Loan
- To facilitate purchase of lands plots.
- To purchase or build a house or finance a new business.
- Loan is fully secured by the asset or guarantor.
- We give 3x of the savings.
church loan
- Designed for churches who wish to secure property. private buses or instruments
- Given 3x of savings.
- Loan Fully secured by asset.
- Interest rate of 13% P.A with a repayment period of up to 36 months.
mkombozi Loan
- Loan given to facilitate short term emergencies.
- Immediate processing.
- We give 90% of the savings to be repaid in a month at 1% fee.
HOW TO GET A LOAN.
- Register to become a sacco member, save regularly and consistently for a period of 90 days (3 months).
- After 3 months you can apply for a loan 3x your savings.
Paybill services
How to SAVE or PAY Loan using M-Pesa Paybill.
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