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Kipsigis Edis SACCO Development Loan

Kipsigis Edis SACCO

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
12% p.a.
Loan Amount
Ksh 30,000 - Ksh 8,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN

Rating Breakdown

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Pros & Cons

Pros

  • Competitive 12% interest on reducing balance
  • Up to 3x deposits development loan
  • Tailored for teachers and civil servants in kericho and bomet (kipsigis community)
  • Kericho HQ anchor branch
  • Tenure up to 72 months
  • TSC check-off in 2 counties
  • Land purchase loan
  • Teacher budgeting FOSA

Cons

  • Restricted to regional common bond members
  • Guarantors required from same SACCO
  • Minimum 3 months deposits before first loan
  • Processing can take up to 48 hours
  • Kericho/Bomet common bond
  • Surveyor referrals limited

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Product Details

Features

  • Teachers and civil servants SACCO in tea-growing highlands
  • TSC check-off coverage across Kericho and Bomet
  • Salary-linked development loan up to 3x deposits
  • Education loan pegged to term calendar
  • FOSA with teacher-specific budgeting tools
  • Land-purchase loan with local surveyor referrals
  • Dividend target 10-12% annually

Eligibility Requirements

Age: 18 - 60 years
Employment: TSC teachers, Civil servants, Tea sector officers

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

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