School Fees Loan
Spread school fees over the year instead of paying in one go.
Terms being confirmed
Who it is for
Members with school-going children or dependants whose fee deadlines fall before business income arrives.
What it is for
Primary, secondary or college fees paid at the start of term, repaid in monthly instalments.
How to apply
- Be an active member who has completed 4 consecutive months of saving To be confirmed.
- Talk to your field officer or visit your nearest office — say you want the School Fees Loan.
- Fill the loan application form at the office. The Sacco may visit your business and may ask for guarantors.
Before you borrow
Interest, fees and penalties are set out in the product schedule and the loan form you sign — ask the field officer to walk you through every figure. If a loan is not repaid, the Sacco can recover it from your savings and shares, then from your guarantors'. Details here are for information, not an offer, and can change.
The source list reads '10k to 5k' — the upper limit is taken as Ksh 50,000 and must be confirmed.