SCHOOL FEES LOAN

To assist members pay school fees for themselves or the relatives

Designed to assist members pay school fees for their relatives in Kenya or in US for various institutions of learning.

  • The maximum amount borrowed shall not exceed three times the member’s deposits
  • The maximum amount is Kshs 1 million
  • The interest rate charged will be 1% per month on reducing balance.
  • Processing fee Kshs 0.5% of the loan will be charged.
  • The loan repayment period shall not exceed 12 months.
  • The member will advise SACCO the mode of payment.
  • You can top up Education loan if you have paid for last 3 months.
  •  Top up fee of Kshs 2% on loan balance will be charged.
Apply Loan
SUBSCRIBE AND GET PERIODIC UPDATES AND NEWSLETTERS.
If you choose to provide us with your e-mail address and/or other (indirect) personally identifiable information, we will only use such information to send you our newsletter or to respond to your inquiry.