Our Loans
Since inception, the Society has advanced loans well over Kshs. 1 Billion to members. Loans are granted up to three times a member's savings, subject to the 2/3 basic salary rule, with a maximum repayment period of 60 months. Priority is given to school fees loans between December and February.
Not sure what you'd pay each month? Click "Calculate Repayment" on any loan below, or use the button here — it only takes the amount and how many months you'd like to repay.
Long-term facility repayable via check-off system. Interest rate is 12.5% p.a. (up to 3 years) and 14% p.a. (above 3 years up to 72 months).
Maximum amount is three times total deposits, subject to one-third take-home rule.
Short-term facility recoverable through check-off system at 14.45% p.a.
Maximum repayment period is 12 months, based on ability to pay.
Available as an addition to an existing Normal/Development Loan.
Charged at 5% of the amount applied, after six months of repayment.
This is a one-off processing fee rather than a monthly interest rate, so it isn't part of the repayment calculator.
Short-term facility aimed at supporting education needs.
Charged at 14.45% p.a. with a maximum repayment period of 12 months.
Very short-term loan payable in one month.
Maximum amount Kshs. 30,000, issued in cash at a flat rate of 7.5%.
Short-term loan repayable in six monthly instalments.
Charged at 15% reducing balance through check-off system.
Two-year loan facility charged at 17% p.a. on reducing balance.
Maximum amount Kshs. 200,000 with an application fee of Kshs. 2,000.
Short-term cash facility payable in two monthly instalments.
Maximum amount Kshs. 30,000 at a flat rate of 15%.
Short-term facility payable in four monthly instalments.
Charged at 16% p.a. through check-off system, subject to ability to pay.
