Mafanikio SACCO Development Loan
Mafanikio SACCO
Last updated: November 13, 2026
Lender site unavailable
★★★★★
0/5Based on 0 Reviews
Interest Rate
Not confirmed
Loan Amount
Ksh 20,000 - Ksh 5,000,000 (not confirmed by the provider)
Approval Time
24-72 hours
Processing Fee
Not stated
Rating Breakdown
5★
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Total: 0 Reviews
Pros & Cons
Pros
- Tailored for meru entrepreneurs
- Meru HQ anchor branch
- Open bond, wide membership
- Table-banking conversion
- USSD self-service
Cons
- Restricted to regional common bond members
- Guarantors required from same SACCO
Customer Reviews
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Product Details
Features
- Open-bond SACCO for Meru business community
- Short-tenure working capital for cereals traders
- M-Pesa paybill FOSA for market vendors
- Women's table-banking conversion product
- Miraa off-season hardship loan
- USSD self-service for remote members
Eligibility Requirements
Age: 18 - 60 years
Employment: Traders, Farmers, Salaried employees
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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