Emergency Loan
Shall be granted for unforeseen circumstances but shall not include house rent dues or other loans mentioned in the Sacco Policy.
Requirements:
- Maximum repayment period=12 months
- Qualifying shares = *3 savings
- At least 2 guarantors
- Member must have contributed for at least 6 months
- Two latest payslips /bank statement for 3 months
- A copy of national ID for the member
- Proof of emergency is required.
School Fees Loan
Meant to cater for primary and high school education needs for a member and his/her family.
Requirements:
- Maximum repayment period= 12 months
- Qualifying shares =*3 savings
- At least 2 guarantors
- Members must have contributed for at least 6 months
- Two latest payslips/bank statement for 3 months
- Fees structure
- A copy of national ID for the member
Super Emergency Loan
This is an emergency loan that can be issued to a qualifying member without proof of emergency.
Requirements:
- Maximum repayment period = 12 months
- Qualifying shares=*3 savings
- At least 2 guarantors
- Member must have contributed for at least 6 months
- Two latest payslips/bank statement for 3 months
- A copy of national ID for the member
Instant Loan
This is a rapid response loan issued upon submitting a duly filled form to the Sacco.
Requirements:
- Maximum repayment period = 6 months
- Qualifying shares=*3 savings
- At least 2 guarantors
- Member must have contributed for at least 6 months
- Two latest payslips/bank statement for 3 months
- A copy of national ID for the member
Life Style Loan
Enables you to acquire simple assets such as household furniture, electronics e.t.c.
Requirements:
- Maximum repayment period = 12 months
- Maximum loan amount is Kshs. 100,000.00
- At least 2 guarantors
- Member must have contributed for at least 6 months
- Two latest payslips
- A copy of national ID for the member
Nawacash mobile loan
This is a mobile loan which is accessible anytime at the member’s convenience
Requirements:
- Maximum repayment period = 1 month
- Must be an active member
- Maximum amount depends with member’s credit rating
Scholar Plus Loan
Is meant to cater for undergraduate and post-graduate education needs for a member and his/her family.
Requirements:
- Maximum repayment period = 24 months
- Qualifying shares=*3 savings
- At least 2 guarantors
- Member must have contributed for at least 6 months
- Two latest payslips/bank statement for 3 months
- Fees structure
- A copy of national ID for the member