Affordable credit, guaranteed by community

Given Three Times the member's deposit and must be fully guaranteed by Sacco members

• The product is issued to a member who has been active for the previous six months
• Rate of repayment is 12% p.a on reducing balance
• Repayable with a maximum of 36 months
• The products must be in line with the two third rules
• The applicant must sign a letter of offer and acceptance

The business loan shall be granted to members/customers who have businesses and wish to improve or expand their business

• Issued to account holders who have been active for at least three months
• The product must be fully secured and the security fully charged to Ammar Sacco Society Ltd
• The product must be guaranteed by two active account holders
• The products must be in line with the two third rules
• Rate of repayment is 18% on reducing balance
• Repayable with a maximum of 36 months

Designed to meet the financial need of farmers

Issued to a client whose salary has been channeled through the Sacco

• The applicant should be a Sacco Shareholder
• Loanee must attach a commitment letter and a letter of confirmation from the employer
• Should be guaranteed by at least three people whose salary is channeled through the Sacco
• The products must be in line with the two third rules
• Flexible repayment period

Provides a platform for members of registered groups to consolidate their saving and access loan

• Group to actively operate account for at least 3 months
• Each group member contributes at least KES 500= per month
• Loan granted through members co-guarantee
• Interest shall be at prevailing market rates
• Period up to 36 months

Designed to meet financial needs of suppliers and contractors to enable them deliver LPOs / LSOs effectively and efficiently

• A valid LPO/LSO from a recognized company
• Reference of previous work / supplies done
• The applicant must have an active account for at least three months
• A specific amount on investment deposits
• A completed tripartite agreement form showing the obligation of each party
• A convenient repayment period based on contract type
• Flexible collateral depending on loan purpose and amount

Designed to meet development needs of all sacco members

• Active account for at least three months
• Previous bank statements are also considered
• A specific amount of investment deposit
• Flexible collateral
• Repayment period up to 36 months
• Very affordable interest rate
• Top up provision after reasonable repayment

Offers a convenient and suitable way for dairy farmers to acquire quality breeds of cows in order to increase production and returns

• One month active account
• Fully paid member
• Specific amount on investment deposits
• Cow to be comprehensively insured
• A convenient repayment period up to 24 months

This is a product designed to assist members acquire assets more conveniently at affordable rates

• The applicant must have an active savings account for at least months
• The applicant must be a shareholder
• Repayable with a maximum of 36 months
• The product must be fully secured and the security fully charged to Ammar Sacco
• The product must be guaranteed by two active Sacco Members
• The products must be in line with the two third rules

Designed for churches

• The Church must have an active account for at least three months
• The Church must be duly registered
• Repayment period shall not exceed three years

Create an opportunity for the youths to actualize their dreams through access to loan facilities at an affordable rate

• Eligibility Given to individuals between the age of 18 and 35 years
• The applicant must have an active savings account for at least three months
• A specific amount of investment deposit
• Application to have a signed letter of offer and acceptance