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Kenya Meat Commission SACCO Development Loan

KMC SACCO

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
12.5% p.a.
Loan Amount
Ksh 30,000 - Ksh 7,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN

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Pros & Cons

Pros

  • Competitive 12.5% interest on reducing balance
  • Up to 3x deposits development loan
  • Tailored for kenya meat commission staff
  • Athi River HQ anchor branch
  • Tenure up to 72 months
  • Livestock asset finance
  • Drought hardship loan
  • Pastoralist agent network

Cons

  • Restricted to livestock common bond members
  • Guarantors required from same SACCO
  • Minimum 3 months deposits before first loan
  • Processing can take up to 72 hours
  • Livestock/KMC common bond
  • Drought loan requires verification

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Product Details

Features

  • Common bond covering KMC staff and contracted ranchers
  • Livestock asset finance against KMC supply contract
  • Abattoir-worker payroll check-off
  • 3x deposits development loan
  • FOSA with pastoralist mobile agent support
  • Emergency drought loan for northern ranchers
  • Retirement scheme linked to KMC share transfer

Eligibility Requirements

Age: 18 - 60 years
Employment: KMC employees, Ranchers selling to KMC, Abattoir workers

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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