Education Loan

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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.

Emergency Loan

emergency

Repayable within a maximum of 12 months (1 year) at 1% interest per month on reducing balance. 

Insta Loan

Maximum loan amount is Kshs. 1,000,000/=. Repayable within a maximum period of 24 months (2 years) at 1.17% interest per month on reducing balance.

Insta Plus Loan

Maximum loan amount is Kshs. 1,500,000/= Repayable within a maximum period of 36 months (3 years) at 1.21% interest per month on reducing balance.

Quick Pesa Loan

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Maximum loan amount is Kshs. 300,000/=. Repayable within a maximum period of 12 months (1 year) at a flat rate interest of 12% on the amount loaned.

Okoa Advance Loan

Maximum amount for the product is Ksh. 250,000. The maximum repayment period is 10 months. Interest is payable on a flat rate of 10% on the amount loaned.

M-Cash Loan

Maximum amount for the product is Ksh. 100,000. 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.

Karibu Loan

Eligible for new members who are less than 6 months old in the SACCO - members must have saved for at least 2 months.
Repayable within a maximum of 10 months at 10% flat rate interest.
Maximum entitlement is Ksh. 50,000. The loan must be guaranteed.

Car Loan

Repayable within a maximum period of 36 months (3 years) at 1.29% interest per month on reducing balance. Maximum amount is Ksh. 2,000,000.
Security for the loan is 70% of the forced valuation value of the vehicle which MUST have a maximum age of 8 years.

Latest News

Education Loan

Education Loan

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Review of SACCO products

Review of SACCO products

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Balozi M-banking services

Balozi M-banking services

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Contact Us

Location: Golf View Suites, 3rd Floor, Muthaiga
along Wambui road, off Kiambu/Thika road
Postal address: P.O. Box 11539-00400, Nairobi.
Tel:  +254 (020) 2211600
Cell: +254 (0) 720 833326 / 733 967707
Email: info@balozicoop.com/balozisacco@gmail.com

M-Cash

mcash

Copyright 2021 : Balozi Co-operative Savings & Credit Society Ltd