Mombasa Teachers SACCO
Compare all 1 products from Mombasa Teachers SACCO in Kenya. Rates from 12%. Borrow up to Ksh 6,000,000.
Mombasa Teachers SACCO Pros & Cons
+Pros
- ✓Competitive 12% interest on reducing balance
- ✓Up to 3x deposits development loan
- ✓Tailored for tsc teachers in mombasa
- ✓Mombasa HQ anchor branch
- ✓Tenure up to 72 months
- ✓Swahili-first desk
-Cons
- ✗Restricted to teachers common bond members
- ✗Guarantors required from same SACCO
- ✗Minimum 3 months deposits before first loan
- ✗Processing can take up to 48 hours
- ✗Coast-region teachers only
- ✗Tourism exposure risk
Eligibility Requirements
- ●National ID
- ●Membership certificate
- ●Payslips (3 months) or trade proof
- ●Guarantor forms (2+ guarantors)
- ●KRA PIN certificate
Frequently Asked Questions
What interest rates does Mombasa Teachers SACCO offer?
Mombasa Teachers SACCO offers interest rates from 12% across their product range.
What loan amounts are available from Mombasa Teachers SACCO?
Mombasa Teachers SACCO offers loan amounts from Ksh 30,000 up to Ksh 6,000,000 depending on the product and your eligibility.
How fast does Mombasa Teachers SACCO disburse loans?
The fastest disbursement time from Mombasa Teachers SACCO is 24-72 hours. Actual processing time varies by product type and application completeness.
Does Mombasa Teachers SACCO require CRB clearance?
Mombasa Teachers 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.
How many products does Mombasa Teachers SACCO offer on PesaMarket?
Mombasa Teachers SACCO currently has 1 products listed on PesaMarket across 1 category: SACCO Loans.
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Compare Mombasa Teachers SACCO With
Best For
- ✓Coast region TSC teachers
- ✓Kwale county educators
- ✓Coastal parents paying boarding fees
- ✓Teachers in Kilifi rural areas
- ✓Mombasa teachers near retirement
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