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Jamii Yetu SACCO Development Loan

Jamii Yetu SACCO

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
13.5% p.a.
Loan Amount
Ksh 10,000 - Ksh 3,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN

Rating Breakdown

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Pros & Cons

Pros

  • Competitive 13.5% interest on reducing balance
  • Up to 3x deposits development loan
  • Tailored for nairobi informal settlement residents
  • Nairobi HQ (Kawangware) anchor branch
  • Tenure up to 48 months
  • KES 10k entry
  • M-Pesa only FOSA
  • Boda asset finance

Cons

  • Restricted to community general common bond members
  • Guarantors required from same SACCO
  • Minimum 3 months deposits before first loan
  • Processing can take up to 72 hours
  • Higher 13.5% rate
  • KES 3m ceiling

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Product Details

Features

  • Community SACCO for Nairobi informal-settlement residents
  • KES 10,000 entry savings requirement
  • Boda boda asset finance
  • Market vendor daily-pay loan
  • Chama-to-SACCO conversion support
  • M-Pesa-only FOSA for unbanked members
  • USSD self-service 24/7

Eligibility Requirements

Age: 18 - 60 years
Employment: Informal sector workers, Boda boda operators, Market vendors

Required Documents

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

Repayment Options

Salary check-offBank transferM-Pesa

Ready to Apply?

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Application takes less than 10 minutes

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