Loans
3 Times your Deposits
Member Deposits
The Deposit account allow members to make a monthly contribution towards the Sacco.
Features
- Upon exit from the Sacco , the member can withdraw the savings only if there is no outstanding or guaranteed loan.
- A member is not limited to how much to save.
- A member can borrow against their deposit contribution.(Self guaranteed)
- Member can borrow up to 3 times their total deposit.
- Minimum contribution per member per month is KES 1,000.
Benefits
High Interests
high interest yields
Guarantorship
can be guarantee loans
Master the rule of financial wellness! Saving money may not feel like your strong suit. It’s easy to get off track and save less than you intended when you’re not consistently saving a portion of every paycheck. But that doesn’t mean you can’t get ahead of the savings game. Automating your savings could be just what you need to get your finances in tip-top shape to ensure you reach your savings goals.
With no limitation to the amount of savings a member can have, you are free to save according to your investment plans. You can sent contributions via :
- Bank Deposits and Transfers
- Standing Orders
- M-PESA Paybill