Overview
The Business Loan supports SACCO members running or starting businesses. Whether you need working capital, stock, equipment, or expansion funding, this product is designed to grow with your business. Repayment terms are flexible and can be structured around your cash flow.
Eligibility Requirements
- SACCO member engaged in a business activity
- Business registration certificate (or trading evidence for informal businesses)
- Adequate savings history at the SACCO
- Business plan or brief description of the activity may be required
Key Benefits
Repayment Terms
- Flexible repayment periods aligned to business cycles
- Amount based on your savings multiplier
- Interest rates and conditions confirmed at application
How to Apply
1
Prepare a brief business description or plan
2
Visit the SACCO office with your documents
3
Discuss your loan needs with the Loans Officer
4
Submit the completed application
5
Await credit committee approval
6
Receive funds upon approval and signing
Apply for this Loan
Visit our office or contact us to get started. Our team will guide you through the entire process.
Enquire / Apply Now Email UsDocuments Needed
- National ID
- Business registration or trading licence (where available)
- SACCO savings passbook or account number
- Completed loan application form