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Ordinary Saving Account
The basic account for every member. Minimum to open is KSh 1,000, and you can save more depending on ability and purpose.
Biashara Account
For small and medium enterprises that need customised credit services to improve their businesses, with flexible repayment periods and interest rates.
Fixed Deposit Account
For members who want to save for a specified period of time at a specific interest rate.
Children’s Saving Account
Save for your children’s future. The contributor or the child can access the savings when the child turns 18.
Investment Account
Covers development and investment loans. It suits someone who wants to buy property. The property is co-owned by the member and the Sacco until the loan is cleared.
Retirement Account
Save for your retirement. Redeemable at old age, not earlier than 50 years.
Group Account
Groups hold an account with the Sacco. Each member needs a personal savings account, and members can guarantee one another for personal loans.
Holiday Account
Save for a holiday and redeem in April or August.
Touring / Team Building, Micro Credit and Elimu
Further accounts for trips, team activities, small credit and education savings. Ask us for details.
Normal Loan
Based on members’ shares, up to 3 times your savings at 12% interest per year. You can secure it with collateral in addition to your savings. Repayment is up to 3 years, or shorter if you prefer.
Inua Biashara Loan
For small and medium enterprise owners. Minimum savings of KSh 500 per week or KSh 2,000 per month. A business permit is needed to verify ownership.
Development and Investment Loan
For members who save consistently and want to develop their properties. Up to 4 times your shares at 13.5%.
Emergency Loan
Issued within 48 hours for quick and unforeseen needs, up to KSh 50,000.
Asset Loan
Issued for acquiring assets such as lorries, cars and motorbikes.
Micro Loans
Apply for up to KSh 20,000. Once approved, cash is sent instantly to the member.
Real Estate and Group Loans
Also available to members. Ask the team about requirements.
Normal loan estimator
An estimate at 12% per year on a reducing balance. Final terms are set by the Sacco.
Estimated monthly payment
Products and services
Our savings accounts and loans are built around how members earn and plan. Emergency and Education loan facilities sit alongside the loans above, and you can save for a child, a holiday, a trip with your team, or retirement.