Loans

Safepak Sacco loan products are designed to meet your specific needs at every step of your professional and personal journey. The following loans are available:Types of loans

  1. Development Loan
  • žRepayment in 36 Months
  • žUp to 3 times of savings
  • žAt least 3 guarantors needed

INTEREST RATE 1% REDUCING BALANCE,REPAYMENT PERIOD OF 36 MONTHS

  1. Emergency Loan
  • žUp to a maximum 3 times of deposits
  • žRepayment period of maximum 12 months
  • žIn case of hospitalization, fire or accident
  • žžAt least 3 guarantors needed

INTEREST RATE 1% REDUCING BALANCE,REPAYMENT PERIOD OF 12 MONTHS

  1. Instant Loan
  • žžSelf guaranteed
  • žMaximum kshs. 60,000
  • žMaximum repayment of 3 months(kshs. 20,000 & below) & 4 months( above kshs.20,000)
  • žInterest of 5% per month on reducing balance

INTEREST RATE 3% REDUCING BALANCE,REPAYMENT PERIOD OF 12 MONTHS

 

  1. School Fees Loan
  • žInterest on 1% per month on reducing balance
  • žSubmission of fee structure.
  • žMaximum repayment period 12 Months.

INTEREST RATE 1% REDUCING BALANCE, REPAYMENT PERIOD OF 12 MONTHS CALENDER YEAR.

 

žžUp to a maximum 3 times of deposits

ž

  1. Bima Loan
  • žVehicle cover
  • žAfya bora
  • žBurglary

Up to the amount of premium

ALL   LOANS ARE ISSUED WITHIN 2 TIMES MEMBERS SAVINGS.

Loan Calculator