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Kwetu SACCO Development Loan

Kwetu 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 20,000 - Ksh 5,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN

Rating Breakdown

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Pros & Cons

Pros

  • Competitive 12.5% interest on reducing balance
  • Up to 3x deposits development loan
  • Tailored for machakos and makueni farmers
  • Machakos HQ anchor branch
  • Tenure up to 60 months
  • Water harvesting asset finance
  • Mango/citrus season loans
  • Drought hardship grace

Cons

  • Restricted to regional common bond members
  • Guarantors required from same SACCO
  • Minimum 3 months deposits before first loan
  • Processing can take up to 72 hours
  • Ukambani regional focus
  • Mango price volatility

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Product Details

Features

  • Ukambani SACCO serving Machakos and Makueni
  • Mango and citrus farmer seasonal loans
  • Water-harvesting asset finance
  • FOSA with agent banking in markets
  • County payroll check-off Machakos/Makueni
  • Education loan for Kathiani/Tala day schools
  • Drought hardship loan with extended grace

Eligibility Requirements

Age: 18 - 60 years
Employment: Smallholder farmers, County staff, Ukambani traders

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 Kwetu SACCO Development Loan today. Fast approval and competitive rates.

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Application takes less than 10 minutes

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