Loan Requirements

To qualify for a loan from the Sacco one should meet the following requirements:

  1. Be an active member of the Sacco with regular deposits contributions
  2. Must have paid (or is paying) the minimum share capital requirement by the Sacco
  3. Must have been a member of the Sacco for at least three months
  4. Must have a regular source of income to support loan repayment (salary, business, farming etc.)
  5. Must provide security to for the loan applied for such as guarantors, logbooks, title deeds etc.
  6. All deductions should not exceed 2/3 of gross salary
  7. Three most current pay slips certified by the employer
  8. Must have good loan repayment history i.e. no adverse CRB listing.
requirement
KTDA Plaza,4th Floor,Moi Avenue 0709808100/0709808101 info@ chai-sacco.co.ke   Membership Application

Contact Us

KTDA Plaza,4th Floor,Moi Avenue 
P.O. Box 278-00200 City Square
Nairobi Kenya
Mobile: 0709808100/0709808101
We have a friendly team and a listening ear to fully meet your needs. Keep in touch with us online on the platforms below.


Newsletter

Enter your email to join our mailing list

Chai Sacco on Facebook

Upcoming Events