Maisha Bora SACCO Development Loan
Maisha Bora SACCO
Last updated: November 14, 2026
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★★★★★
0/5Based on 0 Reviews
Interest Rate
1% monthly (12% p.a.)
Loan Amount
Ksh 30,000 - Ksh 6,000,000 (not confirmed by the provider)
Approval Time
24-72 hours
Processing Fee
Not stated
Rating Breakdown
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Pros & Cons
Pros
- Tailored for salaried individuals and business owners in nairobi and central kenya corridor
- Nairobi HQ anchor branch
- Open bond structure
- Chama shared guarantee loans
- Boda boda asset finance
Cons
- Restricted to general community common bond members
- Guarantors required from same SACCO
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Product Details
Features
- Open-bond SACCO accepting salaried staff and business owners
- Chama group borrowing with shared guarantors
- Education loan with school fees structured voucher
- Asset finance for boda boda and service vehicles
- FOSA account with M-Pesa paybill sweeps
Eligibility Requirements
Age: 18 - 60 years
Employment: Salaried employees, Small business owners, Traders with steady revenue
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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