Respect & Compassion
Our Services
Welfare Fund
It will cater for funeral benefits. The Sacco is also exploring possible insurance cover for funeral expenses with a reputable insurance company before the fund is well established.
Normal /Development Loan
Maturity period is 4-5 years. for 4 years the interest is set at 1% per month or 12% p.a. on a reducing balance while for 5 years interest is 1.25% per month or 15% p.a. on a reducing balance
Refinancing Loan
This is given to members with existing normal/development loans for completing ongoing projects and is payable within one or two years. for the 2 years maturity period, the interest is 1% per month or 12% p.a. on a reducing balance while If above one year but within two years interest is 1.25% per month or 15% p.a. on a reducing balance.
School Fees Loan
For members or close relatives' education. It is payable within one or two years. For one year the interest is 1% per month or 12% p.a. on a reducing balance and for two years interest is 1.25% per month or 15% p.a. on a reducing balance
Emergency Loan
Given in cases of death, sickness or other emergency. Subject to discretion of management committee.
Holiday Loan
For holiday goers maximum is Kshs. 100,000/. Payable within one year at 1.5% per month or 18% p.a.