Loan Product

Youth Loan

Credit designed to launch youth-led businesses and investments.

Overview

The Youth Loan empowers SACCO members aged 18–35 to fund business start-ups, skills training, agricultural activities, or any income-generating investment. It is designed with first-time borrowers in mind — offering favourable terms and mentorship support.

Eligibility Requirements

  • SACCO member aged 18–35 with active Youth Savings Account
  • Minimum savings period on youth account required
  • Business plan or brief description of intended use required

Key Benefits

Designed for first-time borrowers
Supports business, training, and investment
Graduated repayment reduces initial financial pressure
Mentorship and financial coaching available

Repayment Terms

  • Youth-friendly repayment schedules
  • Graduated repayment available for first-time borrowers
  • Interest rates and amounts confirmed at application

How to Apply

1
Ensure you have an active Youth Savings Account
2
Prepare a brief plan for how you will use the loan
3
Visit the SACCO office
4
Submit your application with required documents
5
Discuss your repayment plan with the Loans Officer
6
Receive funds upon approval

Apply for this Loan

Visit our office or contact us to get started. Our team will guide you through the entire process.

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Documents Needed

  • National ID (confirming age)
  • Youth Savings Account passbook or number
  • Brief business or investment plan
  • Completed loan application form