Looking to improve your business or personal well-being? The Normal Loan is designed to help our members achieve their financial goals with ease and flexibility.

Download Loan Form

• Product Features:

  • Spread your payments over a maximum of 60 months (5 years).
  • Interest rate 1% per month on reducing balance.
  • Loan applications are reviewed monthly by our Credit Committee.
  • Funds are disbursed to applicants in the order received.
  • Eligible amount is 3 times your savings deposit, up to 2/3^rd of your gross salary.
  • This loan can be bridged for added convenience.

  Whether you’re growing a business or enhancing your quality of life, the Normal Loan is here to support you every step of the way.

The Boresha Loan is your gateway to long-term financial success. Whether you're consolidating existing loans or seeking additional funds, this loan is crafted to help you achieve your financial goals with ease.

Download Loan Form

Product Features:

• Maximum repayment period of up to 84 months (7 years), offering long-term financial relief.
• Interest at 1.29% per month on a reducing balance.
• Borrow up to 3 times your savings deposit, with a cap of 2/3^rd of your gross salary.
• Option to top-up (loan bridging) or amalgamate other loans to organize payments while still enjoying a take-home amount.
• Approved by the Credit Committee once a month, with disbursement on a first-come, first-served basis.

Take advantage of the Boresha Loan to simplify your finances and plan with confidence.

The Super Loan offers the ultimate flexibility and support for members seeking substantial financing. Whether you're looking to refinance, consolidate other loans, or secure extra funds, this loan has you covered.

Download Loan Form

Product Features:

• Repayment period of up to 72 months (6 years) for manageable, long-term planning.
• Interest rate of 1.25% per month on a reducing balance.
• The loan can be refinanced anytime or used to amalgamate existing loans while still giving you a net take-home amount.
• Approved once per month by the Credit Committee, with first-come, first-served disbursement.

Features:

• The loan repayment period is set at 10 years.
• The interest rate is 1.125% per month on a reducing balance basis.
• Agricultural land will not be accepted as a security for loans.
• Commercial land will be accepted as security for up to 80% of its mortgage/forced value.
• The loan can be used for amalgamating other loans.
• Eligibility is up to a maximum of five times (X 5) of a member’s deposits.
• Search is conducted on the property being offered as security, valuation of asset is done and then the asset is charged. All charges are paid by the member.

  Download Loan Form 

The Special Loan is tailored to help you organize your financial commitments by consolidating your existing loans.

Download Loan Form

Product Features:

• The repayment period will be 10 years (120 months).
• The interest rate is 1.29% per month on reducing balance.
• Eligibility is three times (X 3) of a member’s deposits subject to two third income rules
• The loan can be bridged.
• The loan can be used to consolidate/ amalgamate other loans..

This loan is meant to assist you to cater for your academic needs.

School fees loan is repayable within a maximum period of 24 months (2 years) at 1% interest per month on reducing balance.

Applications must include fees structures. Granted on demand.

Download Loan Form

The Emergency Loan is designed for urgent financial needs, providing you with swift support in times of crisis.

Download Loan Form

Product Features:

• Repayment period of up to 12 months (1 year).
• Interest rate of 1% per month on a reducing balance.
• Option to bridge the loan for additional flexibility.
• Eligible amount is subject to checks on 2/3^rd of your gross salary.

Get the immediate assistance you need with the Emergency Loan your reliable solution in unexpected situations!

Need immediate financial assistance? The Insta Loan is designed for members who require fast access to funds without the hassle of limits.

Download Loan Form

Product Features:

• Repayment period of up to 24 months (2 years) for a straightforward repayment process.
• Competitive interest rate of 1.17% per month on a reducing balance.
• No maximum limit on the loan amount, providing you with the flexibility to borrow what you need.

Get the financial support you need when you need it most with the Insta Loan!

For those seeking a bit more flexibility, the Insta Plus offers quick access to funds with the added benefit of an extended repayment period.

Download Loan Form

Product Features:

• Repayment period of up to 36 months (3 years), allowing for manageable payments.
• Interest rate of 1.21% per month on a reducing balance.
• No maximum limit on the loan amount, giving you the freedom to borrow as needed.

Product Features

•  The maximum limit for Okoa advance loan is Ksh 500,000 or member’s total
  deposits whichever is lower.
• The maximum repayment period is 24 months.
• The interest rate is 1.2% per month on reducing balance.
• Eligibility is calculated based on half of the net salary.
• The loan can be bridged.
• The loan is exempted from the deposit multiplier.

Download Loan Form

Maximum amount for the product is Ksh. 150,000. The maximum repayment period is 4 months. Interest is payable on a flat rate of 10% on the amount loaned. Network charges are borne by the applicant. Product can be accessed via Xmobi Customer app (available on Google play store) and/or by dialing *882#. Payment is done via m-pesa. A member must have his/her phone number registered first in the SACCO system.

Are you a new member of the SACCO? Unlock financial support with the Karibu Loan! This loan is specifically designed for members who’ve been with us for less than 6 months and have saved for at least 2 months.

 Download Loan Form

Product Features

• Borrow up to Ksh. 50,000 to meet your immediate financial needs.
• Repayment period of a maximum of 10 months.
• Interest at a flat rate of 10%.
• Loan security through guarantors.

Product features

• The loan is repayable within a maximum period of 48 months (4 years)
• Interest rate of 1.2% per month on a reducing balance.
• The maximum loan amount is Ksh. 3,600,000.
• The security for the loan is 70% of the forced valuation value of the vehicle, which MUST have a maximum age of 8 years.
• Loan disbursements are made directly to the car vendor,
• The loan is exempt from the deposit multiplier.
• Applicable to personal vehicles only (not for commercial use).

Download Loan Form

This new product is to assist members in paying insurance premiums for their vehicles. The maximum amount is determined by the lesser of the repayment ability or the insurance premium.

Download Loan Form

Product features:

• The repayment period is 12 months,
• Interest rate of 1% per month on a reducing balance.
• Eligibility is based on half of the net salary.
• Repayments can be made via checkoff or standing order,
• Loan can be bridged.
• Loan disbursements are made directly to the insurance company, and the loan is exempt from the deposit multiplier.

The Self- guarantee Loan is  a product for members without loans but have free deposits.

Download Loan Form

• Product Features:

  • Spread your payments over a maximum of 36 months (3 years).
  • Interest rate 0.958% per month on reducing balance.
  • The maximum amount available is 90% of the member’s free deposit.
  • Eligibility is subject to the two-thirds income rule.