This is an all-purpose loan facility advanced to all Members for improvement, development or investment. Best for first time borrowers who are looking into paying a long-term loan within a shorter period.
Requirements
Manageable repayment amounts.
Competitive rates.
No processing interest.
1 month grace period if loans issued after 15th of the month.
No penalties for early loan clearance.
Longer repayment period.
Interest is on a reducing balance.
Features
Repayment period of 72 months.
Interest rate of 12% p.a on reducing balance.
Maximum entitlement is 4 times total (deposits) plus shares.
Guarantors and acceptable collaterals required.
You can offset other loans with the Sacco at 5% interest.
Terms and conditions on self- guarantee apply
Are you Thinking of Starting
Your Financial Journey Today ?
Be part of the winning dream team today. Take a step and contact us today, to start the journey.
Lack of solutions is not an obstacle to offering significant value to our membership. our advanced technology gives you the convenience of ease and accessibility that saves you time, effort and energy.
Accountability
We are not afraid to take the lead in accountability. We take up the role model for accountability and nurture a caring mindset across our whole organization. Being answerable to our membership for all our actions and results is what makes the real difference for us.
Transparency
Good governance is critical to our organization. We are consistently communicating both what our company stands for and what we are doing because .We believe that being open helps us build trust which is the foundation of great teamwork.
Building Strong Lasting Relationships
Customer Satisfaction is not good enough. Our success comes from cultivating and nurturing lasting relationships with our membership who are the core of our business.
Transforming Lives
Building a good reputation is most valuable to us. We are a brand that impacts positively on the society. We are always seeking to serve by adding value to the lives we touch.
Service Excellence
Our success is directly linked to operation excellence. We are wired to roll up our sleeves and serve. We seek to understand our membership needs and priorities and proactively share ideas and news.
Innovation
What got us here won’t get us there. We refuse to stop at good enough. This is the mindset that fuels our performance. We challenge convention to uncover new and better ways to serve our membership.
Integrity
Integrity is the cornerstone of our foundation and at the core of our leadership. We endeavor to successfully inspire our team action, values, and principles.
Mhasibu Sacco Society Limited
Hello, Welcome to Mhasibu Sacco, How can we be of assistance today?