Maisha Bora SACCO

Compare all 1 products from Maisha Bora SACCO in Kenya. Rates from 13%. Borrow up to Ksh 6,000,000.

13%

Lowest Rate

Ksh 6,000,000

Max Amount

24-72 hours

Fastest Disbursement

Total Products

SACCO Loans

Product	Rate	Amount	Turnaround
Maisha Bora SACCO Development Loan	13%	Ksh 30,000 - Ksh 6,000,000	24-72 hours	Apply

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Maisha Bora SACCO Pros & Cons

+Pros

✓Competitive 13% interest on reducing balance
✓Up to 3x deposits development loan
✓Tailored for salaried individuals and business owners in nairobi and central kenya corridor
✓Nairobi HQ anchor branch
✓Tenure up to 60 months
✓Open bond structure

-Cons

✗Restricted to general community common bond members
✗Guarantors required from same SACCO
✗Minimum 3 months deposits before first loan
✗Processing can take up to 72 hours
✗Slightly higher 13% rate
✗KES 6m ceiling

Eligibility Requirements

CRB Check Required

Not required

Employment Types Accepted

Salaried employeesSmall business ownersTraders with steady revenue

Required Documents (across all products)

●National ID
●Membership certificate
●Payslips (3 months) or trade proof
●Guarantor forms (2+ guarantors)
●KRA PIN certificate

Frequently Asked Questions

What interest rates does Maisha Bora SACCO offer?

Maisha Bora SACCO offers interest rates from 13% across their product range.

What loan amounts are available from Maisha Bora SACCO?

Maisha Bora SACCO offers loan amounts from Ksh 30,000 up to Ksh 6,000,000 depending on the product and your eligibility.

How fast does Maisha Bora SACCO disburse loans?

The fastest disbursement time from Maisha Bora SACCO is 24-72 hours. Actual processing time varies by product type and application completeness.

Does Maisha Bora SACCO require CRB clearance?

Maisha Bora SACCO does not strictly require CRB clearance for all products. Some products may be available without a CRB check, though having a clean credit record is always beneficial.