Unlock Your Potential with the SACCO Business Facility Empowering our members to own and grow businesses is at the heart of what we do. This facility is designed to encourage individuals and groups to take the bold step of business ownership, turning aspirations into reality.

Key Features

• Generous Loan Multiplier: Access loans up to 5 times the value of your savings.

• Savings as Collateral: Your savings are securely locked to guarantee the loan.

• Flexible Repayment: Enjoy a repayment period of up to 24 months.

• Competitive Interest Rates: Benefit from an affordable 1.5% monthly interest on a reducing balance.

• Diverse Collateral Options: Title deeds, log books, and other acceptable collateral are supported.

• Eligibility: Available to individuals, Chamas, and corporates holding FOSA accounts.

• Proof of Repayment Capability: Ensure you have evidence of repayment ability to qualify.

• Administration Fees: Applicable when collateral is used for loan security.

• Comprehensive Financing Options: Designed for LPOs, bid bonds, and business ventures.

• Loan Limits: Access amounts ranging from KES 50,000 to KES 3 million.

• Quick Disbursement: Funds disbursed within an hour of application.