What We’re Offering
Savings
Save with us and get 5 times your loan
Credit
Get fast loan processing with lowest repayment interests
Financing
Get asset financing and expand on both motor vehicle and machinery
Our Financial Services
Green Energy Project Funding
Water Resources Management Project Support
AgriBusiness Loans
Marketing,Training and Research
Farm Machinery and Vehicles
Seasonal Crop Credit and Insurance
Advantages of Co-operative Society Over Banks
Insurance fee.
The Society may also offer insurance services to their members, often in the form of group insurance schemes. The insurance fee charged by The Society may vary depending on the specific insurance coverage offered and the risk profile of the members
Accrued Interest Charges (Arrears Account)
The Society may also charge accrued interest on arrears accounts for members who fail to make timely loan payments. The interest charges imposed by The Society would vary depending on the terms of the loan agreement and the policies of the SACCO.
Premature Loan Clearance charges.
The Society may also charge premature loan clearance fees for members who wish to pay off their loans early. However, the fees charged by The Society may be structured differently and could be more favorable to members compared to banks, depending on the terms of the loan agreement and the policies of the SACCO.
Account Maintenance Commission
The Society may or may not charge account maintenance commissions. Some The Society may offer free or low-cost savings accounts to encourage members to save regularly, while others may charge nominal fees to cover administrative costs.
Late Remittance charges
The Society may also charge late remittance fees for members who fail to make loan repayments on time. These charges help discourage late payments and ensure the financial stability of the SACCO.
Appraisal/ Processing Fee
The Society may also charge appraisal and processing fees for loan applications or other financial transactions. However, the fees charged by The Society may be structured differently and could be more tailored to the needs and preferences of their members.
Join us today
Every applicant for membership shall complete an “application for membership” form. This form shall be drawn to show all the information required for the purpose of registration of a member