Loan Products

Chai Sacco has various loan products as shown below. Click on any of our loan products and see the benefits

Development Loan
  • This is a loan product to members to finance their development needs;
  • Given up to 3 times a member’s deposits with no maximum limit;
  • Maximum repayment period is 48 Months;
  • Interest rate is only 1% per month reducing balance;
  • Appraisal fee 0.5% of the loan.
Emergency Loan
  • A short term loan to help members pay for urgent and unforeseen emergency expenses;
  • Repayment period is 12 months;
  • Interest rate is 1% p.m. reducing balance;
  • Processed within 24 hours.
School Fees Loan
  • This loan facility is to help members meet their school fess obligations;
  • Given up to three (3) times member’s deposits;
  • Repayment period is 12 months;
  • Interest rate is only 1% per month reducing balance;
Product Loan
  • For purchasing products such as office equipment, agricultural and construction equipment, household items, water tanks, motorbikes, tuk tuks, among others from suppliers qualified by the Sacco;
  • Loan amount is up to three (3) times the deposits;
  • Interest rate is 1% p.m. reducing balance;
  • Up to Ks. 20,000 repayable within 12 months;
  • Above Ks. 20,000 repayable within 24 months’
  • Appraisal fee is 0.5% of the loan.
Super Loan
  • Repayment period is 60 months;
  • Interest rate is 1.2% p.m. reducing balance;
  • Given up to three (3) times a member’s deposits;
  • Minimum amount is Ks. 250,000.
  • Minimum monthly contribution is Ks. 2,500 plus 0.25% of the loan.
College/University Loan
  • Three (3) times member’s deposits;
  • No minimum amount;
  • Repayment period is 24 months;
  • Interest rate is only 1% per month reducing balance;
  • Appraisal fee of 1% of the loan.
Jeki Loan
  • This is a loan facility for new members who have joined the Sacco and would like to access credit without having saved enough deposits;
  • Maximum loan amount is Ks. 300,000;
  • 34% of the loan retained as member’s deposits;
  • Interest rate is only 1.2% p.m. reducing balance;
  • Repayable within 36 months.
Vision Loan
  • This is a long term loan to Sacco members given up to four (4) times the deposits;
  • Interest rate is only 14.5% per annum reducing balance;
  • A longer repayment period of up to72 months;
  • Dividends earned are capitalized to boost member’s deposits.
  • Appraisal fee is 1% of the loan.
Salary Advance
  • Salary must be passing through Chai Sacco FOSA salary account;
  • Processed instantly;
  • Interest rate is only 2% p.m. reducing balance;
  • Repayable within 6 months;
  • Maximum Ks. 100,000.
FOSA Loan
  • Four (4) times the amount in the deposit account;
  • Interest rate is only 1% p.m. reducing balance;
  • Repayable within 48 months;
  • Deposits act as part of loan security.
Golden Loan
  • For KTDA employees;
  • Maximum loan amount is Ks. 1.5 million;
  • Interest rate is only 1.25% p.m. reducing balance;
  • Repayable within 60 months;
  • No deposits needed.
Group Loan
  • This loan is given to registered groups (youth groups, women groups, chamas, welfare groups) with valid registration certificate;
  • Must have contributed deposits in the Sacco for at least 3 months;
  • Interest rate is only 1.25% p.m. reducing balance;
  • Repayable within 36 months;
  • Loan granted up to three times the deposits.
Chai Okoa
  • This is a one month salary advance to members whose salaries are processed through Chai Sacco FOSA;
  • Maximum 50% of the previous month’s net salary;
  • Interest rate is only 10% p.m;
  • Repayable in 1 month;
  • Processed instantly
Kilimo Advance
  • This is a short term loan product for tea farmers;
  • Tea proceeds processed through Chai Sacco savings account;
  • Recovered from monthly proceeds payments and bonus payments;
  • Interest rate is only 2% p.m.;
  • Maximum repayment period is 6 months;
 loan dev 
 loan 
KTDA Plaza,4th Floor,Moi Avenue 0709808000 info@ chai-sacco.co.ke   Membership Application

Contact Us

KTDA Plaza,4th Floor,Moi Avenue 
P.O. Box 278-00200 City Square
Nairobi Kenya
Phone: +254 20 2214406/10
Mobile: 0733 330045 / 0701 314410
Fax: +254 20 22144410
Email Us here
We have a friendly team and a listening ear to fully meet your needs. Keep in touch with us online on the platforms below.


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