Product Description

This loan product will be based and fully guaranteed by the Junior Savings.


  • Qualifying Loan is equal to one’s Junior Savings amount.
  • Full Sacco membership of more than 6 months.
  • Maximum loan period is 12 months.
  • Interest is charged at 1% per month on reducing balance.
  • Security options: Junior Savings.
  • Evidence of ability to repay: Latest pay slip.
  • Approved within 3 working days.