Development loan
For a project, a business or an investment you have planned.
- Apply and follow your application online
- Guarantors confirm from their own phones
- Repay by M-Pesa
Kopa
Loans
Borrow on your savings, with guarantors who are fellow members. Apply and follow your application in the member portal.
What you can borrow for
Emergency loan
For the unexpected: a medical bill, an urgent repair, a family need.
- A shorter, simpler application
- Repay by M-Pesa
School fees loan
For school, college or university fees, paid against the school's invoice.
- Attach the fee structure when you apply
- Repay over the school term
Loan terms at a glance
Terms follow the SACCO's credit policy and may change; the offer letter states the terms of each loan.
| Loan | Maximum | Repayment period | Interest | Guarantors and security |
|---|---|---|---|---|
| Development loan | To be confirmed | To be confirmed | To be confirmed | To be confirmed |
| Emergency loan | To be confirmed | To be confirmed | To be confirmed | To be confirmed |
| School fees loan | To be confirmed | To be confirmed | To be confirmed | To be confirmed |
What it costs each month
Set the amount and the months. The instalment is worked out the way the SACCO's own system does it: equal monthly payments on a reducing balance.
How to apply
Loans are applied for and followed in the member portal, from any phone with a browser.
Sign in
Choose Apply for a loan. The portal shows the loans you can apply for and the rules that apply to you.
Amount and period
See the instalment worked out by the SACCO's own system before you send anything.
Guarantors
Fellow members confirm from their own phones; you see each answer.
Documents
For example the school's fee structure for a school fees loan.
The decision
Follow every step to disbursement in the portal. Questions from the SACCO arrive there too.
Not a member yet?
Join first: loans are for members, on their savings.