Institutional Loan
We grant this loan specifically to Churches, non-profits, or educational institutions. Borrowers are typically able to develop and expand the desired projects
Features
- Interest rate of 2% per annum for loans of up to 50 million
Benefits
- Members get access to substantial funding for large-scale projects
- Helps institutions contribute to national and community development
- The loan can be used to fund infrastructure, research, and expansion initiatives
Covers
- Churches
- Schools
- Health centers
Requirements
- Loans are only provided to legally registered businesses with audited accounts
- Directors consent
- Borrowers must have savings of at least 10% of the loan request
- Processing and insurance 4%
Explore more:
Loans
We offer a variety of loan options to help our members finance their personal and business needs.
Savings Account
Our savings accounts are designed to help our members save money for the future.
Shares
The SACCO provides shares avenues for members to venture into at an individual level.