Kenya Union of Savings & Credit Cooperatives Development Loan
KUSCCO
Last updated: April 16, 2026
★★★★★
0/5Based on 0 Reviews
Interest Rate
11.5% p.a.
Loan Amount
Ksh 100,000 - Ksh 30,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN
Rating Breakdown
5★
(0)
4★
(0)
3★
(0)
2★
(0)
1★
(0)
Total: 0 Reviews
Pros & Cons
Pros
- Competitive 11.5% interest on reducing balance
- Up to 3x deposits development loan
- Tailored for umbrella body representing 4,000+ kenyan saccos
- KUSCCO House Nairobi anchor branch
- Tenure up to 72 months
- Wholesale cooperative expertise
- KUSCCO Mutual insurance built-in
- Training support bundled
Cons
- Restricted to umbrella common bond members
- Guarantors required from same SACCO
- Minimum 6 months deposits before first loan
- Processing can take up to 48 hours
- Primarily institutional borrowers
- Individual access via member SACCO only
Customer Reviews
⭐
No reviews yet
Be the first to share your experience with Kenya Union of Savings & Credit Cooperatives Development Loan
Write the First ReviewShare Your Experience
Product Details
Features
- Central finance facility for 4,000+ affiliated SACCOs
- Inter-SACCO liquidity support loans
- Bulk purchase loans for cooperative societies
- Capacity building loans tied to SACCO officer training
- Risk management deposits insured via KUSCCO Mutual
- Competitive 11.5% rate for wholesale cooperative lending
- Technical assistance bundled with loan disbursements
Eligibility Requirements
Age: 18 - 60 years
Employment: Member SACCO employees, Affiliated society staff, Cooperative officials
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?
Get started with Kenya Union of Savings & Credit Cooperatives Development Loan today. Fast approval and competitive rates.
Apply NowApplication takes less than 10 minutes
You Might Also Like
Why Trust Our Reviews?
- Verified customer reviews only
- Independent ratings and analysis
- Regularly updated product information
- Transparent review methodology