What each SACCO asks before it lends, and its loan products, taken from the SACCO's own website or official page. 56 SACCOs list their requirements; we add more as SACCOs publish them. Confirm with the SACCO before you apply.
Up to 4× deposits 24 loans
- Provide a valid ID, proof of residence and recent passport-size photos, plus any documents the specific product needs.
- Deposits (not share capital) count towards how much you can borrow.
Member 3 monthsGuarantorsCollateral Up to 7× deposits 24 loans
- Members on check-off must wait 3 months before borrowing; others wait 6 months.
- Security can be self-guarantee, guarantors, a car logbook or a land title.
GuarantorsCollateral Up to 10× deposits 22 loans
- Be a member of the SACCO.
- Hold shares (deposits); most loans are up to 3 times their value.
- BOSA loans are secured by your own shares, guarantors, title deeds or logbooks.
- FOSA loans are for members with an active current account or payout through the SACCO.
Member 3 monthsGuarantorsPayslip Up to 7× deposits 21 loans
- Loans are granted based on your ability to pay.
- Provide your current payslip.
- Diamond members cannot act as guarantors.
- FOSA loans need two guarantors.
All 7 requirements
Up to 5× deposits 19 loans
- Operate your account with the SACCO for at least 3 months.
Payslip Up to 5× deposits 19 loans
- Monthly deposits are set at 12% of your basic salary.
- All loans are paid out through POFOSA (the SACCO's front office).
- Fill in the SACCO's loan request form.
GuarantorsPayslipCollateral 19 loans
- Open an account and save consistently for at least two months (statements from other financial institutions are also considered).
- Fill in a loan application form at a branch.
- Provide guarantors or security, depending on the loan type.
- Provide payslips for the past 3 months, or production payment slips for farmers.
All 5 requirements
Member 3 months Up to 5× deposits 19 loans
- Be a member of the SACCO for at least three months (individual members).
- Meet all the requirements of the specific loan product.
- Hold the minimum share capital at the time of applying.
GuarantorsPayslipStatements Up to 4× deposits 18 loans
- Fill in the loan form and attach copies of the IDs of yourself, your witness and your guarantors.
- Attach your latest payslip for payroll loans, or three months of certified bank statements otherwise.
- Provide a standing order covering both your monthly loan repayment and deposits.
PayslipCollateral Up to 5× deposits 17 loans
- All your loans together cannot exceed KES 40 million.
- An insurance premium of 1% is charged on loans granted.
- Most loans must fit within two-thirds of your gross salary.
- Logbooks and title deeds (including a relative's, with written consent) can be used as security.
Member 3 monthsGuarantorsPayslipCollateral Up to 4× deposits 17 loans
- Save consistently for three months before applying.
- Attach certified copies of your payslips for the last three months.
- Loans must be fully guaranteed; anything above your own shares and deposits needs guarantees from other members' shares or collateral such as title deeds.
- Accepted security includes your deposits, a logbook, a title deed or guarantors.
GuarantorsPayslip Up to 4× deposits 17 loans
- BOSA loans go up to 3 times share deposits.
- The one-third rule applies (a third of pay must remain).
- Eligible guarantors.
- For FOSA loans, your salary must be channelled through FOSA and you must be a member; a 5% offset charge applies to clear loans.
Member 4 monthsGuarantorsPayslip Up to 3× deposits 17 loans
- Be a member for at least 4 months.
- Loans must be fully guaranteed.
- Fill in the loan application form.
- For salary-based loans, the two-thirds rule applies and the form must be endorsed by your employer.
Member 6 monthsGuarantorsPayslip Up to 5× deposits 17 loans
- Be a registered Ushuru SACCO member who has contributed regularly for at least 6 months (not required for Jongea Loan applicants).
- Have guarantors who are members and have contributed regularly for at least 6 months; their shares must equal or exceed the loan (Almasi and M-Poa loans need no guarantors).
- Fill in the loan application form completely.
- Attach a certified payslip or other evidence of regular income.
All 6 requirements
GuarantorsPayslipStatementsCollateral Up to 4× deposits 17 loans
- Fill in the loan form completely.
- Attach a copy of your ID.
- Provide a payslip, an M-Pesa statement or collateral (title deed or logbook).
- Have guarantors: most loans need 3, the New Normal Loan 5-6, and short loans 1.
All 5 requirements
Member 6 monthsGuarantorsPayslipCollateral Up to 5× deposits 15 loans
- Most loans need you to have been a member and saving for at least 6 months (Karibu Loan is the exception).
- At least a third of your basic salary must remain after all deductions.
- Four guarantors and one witness for most loans.
- Your two latest original payslips; non-salaried members provide other security.
All 5 requirements
Member 6 monthsGuarantorsPayslipStatementsCollateral Up to 4× deposits 15 loans
- Be an active member for at least the last six months.
- Provide your latest payslip or bank statement as proof of income.
- Meet the one-third rule on take-home pay, where it applies.
- Provide security: guarantors or other collateral such as assets.
All 5 requirements
Payslip Up to 4× deposits 14 loans
- Loan deductions must leave at least one-third of basic salary.
- A member can hold only one loan product at a time.
- All loans are paid out through the member's FOSA account.
Member 3 monthsGuarantorsPayslipStatementsCollateral Up to 6× deposits 14 loans
- Be an active Tower SACCO member for at least 3 months.
- Prove your income with a payslip or financial statements, to show you can repay.
- Keep up the minimum monthly share deposit contributions.
- Secure the loan with guarantors, a logbook, a title deed, or by taking a self-guarantee loan.
All 6 requirements
Member 3 monthsGuarantorsPayslip Up to 3× deposits 13 loans
- Fill in the loan application form completely.
- Provide guarantors, depending on the loan type.
- Provide pay slips for the past 3 months.
- Provide a copy of your National ID.
All 5 requirements
Member 2 monthsGuarantorsPayslipStatementsCollateral Up to 7× deposits 13 loans
- Fill in parts B to H of the loan form in full; incomplete forms are returned.
- Attach 2 months' original current payslips (no more than two months old) and a copy of your national ID.
- Where applicable, attach the original logbook, title deed, fixed deposit or share statement, KRA PIN and 6 months' bank statements.
- All loans are paid out through FOSA accounts.
All 7 requirements
Payslip Up to 4× deposits 13 loans
- Keep a minimum monthly deposit of KSh 2,000 to KSh 3,000 (depending on the loan) or 5% of basic salary, whichever is higher.
- For development-type loans, clear other loans first; balances under 50% of the new loan can be offset for a fee.
- Clearing a loan in cash outside check-off costs 3 months' interest on the balance.
Member 6 monthsGuarantorsPayslipStatements Up to 8× deposits 13 loans
- Fill in the loan application form completely.
- Be a member for at least six months with at least KES 12,000 in deposits.
- If your account is dormant, contribute monthly for six months before applying.
- Have at least four guarantors who are members of at least six months; their deposits must equal or exceed the loan.
All 8 requirements
Member 6 monthsGuarantorsPayslipStatements Up to 5× deposits 13 loans
- Be an active member for at least six months; members who transfer deposits from another SACCO can borrow within a month.
- Fill in the original serialised loan application form.
- Attach a copy of your national ID or a valid passport.
- Have at least three guarantors whose deposits together equal the loan amount, plus copies of their IDs.
All 7 requirements
Guarantors Up to 3× deposits 12 loans
- You can generally borrow up to three times your deposits.
- Pay at least KES 1,500 a month in deposits.
- Some loans also need a minimum membership period, guarantors and supporting documents.
Member 6 monthsGuarantorsCollateral Up to 5× deposits 12 loans
- Be a member for at least 6 months with consistent monthly contributions (for the Normal Loan).
- Every loan must be fully secured by guarantors or collateral.
- Deposits are the multiplier for how much you can borrow; the minimum monthly deposit is KSh 1,000.
Member 6 monthsGuarantorsPayslipStatementsCollateral Up to 5× deposits 11 loans
- Save consistently for at least 6 months before applying.
- Fill in the loan application form and attach a copy of your national ID.
- Attach a six-month bank statement or payslip where applicable.
- Have the form signed by at least 3 guarantors who are active members, have not defaulted and have not guaranteed more than 7 members.
All 5 requirements
Member 6 monthsGuarantorsPayslipCollateral 11 loans
- Contribute continuously for six months before borrowing; newly employed public servants can take the Chipukizi loan sooner.
- Fill in and sign the prescribed loan application form, and have it endorsed by branch officials.
- Attach certified copies of your two most recent payslips and your national ID.
- If you are not salaried, attach your last six months of FOSA savings or business current account statements.
All 7 requirements
Guarantors Up to 3× deposits 11 loans
- Guarantors may be needed for larger BOSA loans; M-Chuna mobile loans need none.
- FOSA loans are for members whose salaries are processed through Chuna FOSA.
GuarantorsPayslip Up to 3× deposits 11 loans
- Support the application with your latest payslips.
- Loans must be fully secured by guarantors.
- A form fee of KSh 50 applies to all loan products, and most loans carry a 1% insurance fee.
Member 6 monthsGuarantorsPayslipStatements Up to 5× deposits 11 loans
- Be an active member for at least 6 months (for the Normal Loan).
- Fill in the loan application form completely.
- Attach copies of your ID and KRA PIN.
- Guarantors who are active SACCO members.
All 5 requirements
GuarantorsPayslipCollateral Up to 10× deposits 11 loans
- Provide your latest payslip.
- Fill in and sign the loan application form, then deliver it to a branch.
- Show you can repay; for most salary-based loans, repayments are limited to 30% of your net monthly salary.
- Offer security: non-withdrawable deposits, salary, savings, guarantors or other security the SACCO accepts.
Member 3 months Up to 4× deposits 10 loans
- Be a registered member with an account that has been active for 3 months.
- Complete the loan application form.
GuarantorsPayslip Up to 3× deposits 9 loans
- A copy of your national ID.
- Your three latest payslips.
- Eligible guarantors.
- A completed loan application form.
Statements Up to 5× deposits 9 loans
- Have saved deposits consistently for at least six months.
- Be fully paid up, with the minimum share capital set in the SACCO's by-laws.
- Show you can repay, based on your financial statements.
Member 3 monthsGuarantorsPayslipCollateral Up to 4× deposits 8 loans
- Be an active member for at least three months.
- Hold the required minimum share deposits.
- Provide acceptable guarantors or collateral.
- Show you can repay, for example with payslips.
GuarantorsCollateral 8 loans
- Save consistently for at least 6 months before getting a loan.
- Contribute at least KSh 1,000 a month to BOSA.
- Pay the KSh 1,600 registration fee.
- Secure the loan with a title deed, guarantors, savings or a logbook.
Member 3 monthsGuarantorsCollateral Up to 3× deposits 8 loans
- Be a member for 3 months and have at least KES 5,000 in deposits before taking a long-term loan (the KES 5,000 rule does not apply to short-term advances).
- Your deposits are the first security; larger loans may also need guarantors, a plot allocation letter or a logbook, which must be valued.
- Guarantors must be SACCO members in permanent employment; non-permanent staff can guarantee only up to their deposits.
- Show you can repay; long-term loans (Asset Finance, Biashara or FOSA) are taken one at a time.
GuarantorsPayslip Up to 3× deposits 8 loans
- Provide your two most recent payslips and a copy of your ID.
- Have at least one guarantor.
- Your repayments must fit within the one-third rule on your pay.
GuarantorsCollateral Up to 10× deposits 7 loans
- Be a member of the SACCO with an active account.
- Fill in the loan application form completely.
- Provide your original ID card and a copy.
- Provide security such as land titles, SACCO deposits, guarantors, fixed deposits or acceptable movable assets.
Guarantors Up to 3× deposits 7 loans
- Save regularly for three months or more after joining to qualify for BOSA loans.
- Your guarantors' deposits plus your own must exceed the loan applied for plus interest.
Payslip Up to 2× deposits 7 loans
- Members with a payslip can borrow based on their basic salary.
Member 3 monthsGuarantorsPayslipStatements Up to 4× deposits 6 loans
- Be an active member for at least 3 months.
- Keep your savings contributions up to date with no missed months.
- Have no loan arrears or history of default.
- Meet the minimum share capital, which varies by product.
All 8 requirements
Member 6 monthsGuarantorsCollateral Up to 4× deposits 6 loans
- Be an active member for at least 6 months.
- Keep your savings up to date.
- Have no existing loan default.
- Complete the loan application form.
All 6 requirements
Member 6 monthsGuarantorsPayslip 6 loans
- Be an active member for six months.
- Your repayments must fit within two-thirds of your salary.
- The loan must be 100% guaranteed.
- Have a valid national ID or passport.
All 6 requirements
GuarantorsCollateral 6 loans
- Have the minimum share capital (600 shares at KES 20, which is KES 12,000).
- Save for at least six consecutive months.
- You can borrow up to 3 times your savings minus share capital, or 4 times for super savers.
- Guarantors must be eligible SACCO members.
All 5 requirements
Member 6 monthsGuarantors 6 loans
- Be an active, saving member for at least six months.
- Fill in the loan application form.
- Attach a copy of your national ID and your latest deposit statement.
- Give guarantor details where needed; your own deposits are the first guarantee, and larger loans need one or more active members as co-guarantors.
Guarantors Up to 4× deposits 6 loans
- Buy at least KES 30,000 of Class A shares and save monthly deposits of KES 2,000 (BOSA).
- Provide guarantors for BOSA loans.
- Loan deductions must stay within the one-third rule.
Member 6 monthsGuarantorsCollateral 5 loans
- A new member qualifies for a loan after 6 months.
- Security depends on the loan type and can include guarantors or land title deeds.
Up to 3× deposits 5 loans
- Save a minimum monthly deposit of KES 500; deposits let you borrow up to three times their value.
Member 3 monthsPayslipStatementsCollateral Up to 3× deposits 5 loans
- Be an active member of the SACCO for at least 3 months.
- Hold at least one share capital.
- Fill in the facility application form.
- Provide a notarised sale agreement or letter of offer for the asset being bought.
All 7 requirements
Member 6 monthsGuarantorsPayslipCollateral Up to 5× deposits 4 loans
- Fill in the loan application form completely.
- Be an active member for at least six months (the FAQ also says a member qualifies after three months with at least KSh 13,500 in membership shares and deposits).
- At least 3 guarantors who are active members and have saved deposits for at least six months.
- The guarantors' and your own shares together must equal or exceed the loan amount.
All 8 requirements
Member 6 monthsGuarantorsPayslip 4 loans
- Be a member for the last six months, with at least KSh 3,000 and 150 shares.
- Attach a copy of your ID card and two recent original payslips (not photocopies).
- Attach copies of your guarantors' ID cards; incomplete forms are rejected.
- Be guaranteed by at least 3 members with shares, covering at least the full loan amount.
All 6 requirements
GuarantorsCollateral 3 loans
- Save consistently for at least 6 months before borrowing.
- You can borrow up to 3 times your savings.
- Every loan must be secured by your own savings, guarantors, a title deed or a logbook; guarantors are not compulsory if other security covers the loan.
Guarantors Up to 3× deposits 3 loans
- Be a fully registered member.
- Hold SACCO shares of KSh 3,000 and housing shares of at least KSh 1,600.
- Have 3 or more SACCO members as guarantors (for the Development Loan).
- Stay within the one-third rule on your pay.
Member 3 months
- For Biashara (business) loans: save for at least 3 months before qualifying.
- For Biashara loans: hold share capital of at least KSh 3,000 (30 shares of KSh 100).
- Biashara members contribute at least KSh 2,000 a month in deposits.
Up to 5× deposits 35 loans
Up to 4× deposits 21 loans
Up to 4× deposits 21 loans
Up to 10× deposits 20 loans
Up to 5× deposits 20 loans
Up to 10× deposits 20 loans
Up to 5× deposits 18 loans
Up to 5× deposits 18 loans
Up to 5× deposits 17 loans
Up to 5× deposits 16 loans
Up to 7× deposits 16 loans
Up to 10× deposits 16 loans
Up to 4× deposits 15 loans
Up to 3× deposits 15 loans
Up to 4× deposits 15 loans
Up to 4× deposits 14 loans
Up to 4× deposits 13 loans
Up to 3× deposits 13 loans
Up to 5× deposits 12 loans
Up to 3× deposits 11 loans
Up to 4× deposits 11 loans
Up to 3× deposits 9 loans
Up to 10× deposits 9 loans
Up to 3× deposits 8 loans
Up to 4× deposits 8 loans
Up to 3× deposits 8 loans
Up to 3× deposits 6 loans
Up to 4× deposits 6 loans
Up to 10× deposits 6 loans
Up to 5× deposits 5 loans
Up to 3× deposits 3 loans
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