Category: Loans

Product Description This facility enables members to sort out any unexpected emergencies. Product Features  Loan issued 3 times deposits.  Repayment- 12 months.  Interest rate- 1%p.m on reducing the balance.  Self-guarantee subject to 1/3rd of the loan applied. Six-month bank statements, Standing order from a bank  Terms and Conditions apply. Disbursed within an hour of application.

For purposes of a member being considered for a loan, his shares and deposits shall be taken into account. The loan shall be three times the Shares/Savings. The types of loans offered in Kilele SACCO include:- Development loans-1% p.m. – payable in 36 months Education loans-1% p.m.- payable in 12 Calendar months Emergency loans-1% p.m.-…
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This short term loan is open to all salaried employees who have a kilele sacco account in order to meet their urgent needs. Features interest rate is 5% p.m. on the principle Payable in 3 months. Terms and Conditions apply.

Purpose This is a loan facility advanced to new members who wish to take out a loan before the 3 months of membership period is over Features:•    5% p.m. straight line basis –payable in 3 months equals to one month salary  upon  confirmation  by the employer. •    Interest rate is 5% per month straight line•   …
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The Kilele sacco in partnership with Burn Manufacturing kenya is giving out Jiko Okoa stoves on credit to it’s customers.The Jiko okoa modern stoves manufactured by Kenya’s Burn Manufacturing is the latest, safest and efficient stove ever made in the world. Jikookoa loan In addition to it’s ever growing list of merchandise loan products,the Equity…
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Looking for a quick answer to meet all your personal financial requirements? Chuo loans are designed to help members meet their requirements which they otherwise can not fulfill with their salary. This is an all-purpose loan for you to further your education, development and training. The key requirements are as follows: Maximum limit is dependent…
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Purpose This loan gives members ability to access a higher amount, within an existing loan, under fresh terms. Features The loan is refinanced subject to terms and conditions of that particular loan product A commission of 10% is charged on the outstanding loan balance. The interest charged is 1.0 % per month on a reducing…
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PurposeThe Normal Loan is designed to address the development needs such as Building homes, Large scale farming, Motor vehicle purchase among others. Features The maximum amount one can borrow is 3 * Deposits. The repayment period shall be a maximum of 36 months subject to contract period. The loan shall attract interest rate of 1%…
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