Mombasa Teachers SACCO Development Loan
Mombasa Teachers SACCO
Last updated: April 16, 2026
★★★★★
0/5Based on 0 Reviews
Interest Rate
12% p.a.
Loan Amount
Ksh 30,000 - Ksh 6,000,000
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 12% interest on reducing balance
- Up to 3x deposits development loan
- Tailored for tsc teachers in mombasa
- Mombasa HQ anchor branch
- Tenure up to 72 months
- Swahili-first desk
- Tourism downturn hardship loan
- Coastal school calendar alignment
Cons
- Restricted to teachers common bond members
- Guarantors required from same SACCO
- Minimum 3 months deposits before first loan
- Processing can take up to 48 hours
- Coast-region teachers only
- Tourism exposure risk
Customer Reviews
⭐
No reviews yet
Be the first to share your experience with Mombasa Teachers SACCO Development Loan
Write the First ReviewShare Your Experience
Product Details
Features
- TSC check-off for Mombasa, Kwale and Kilifi teachers
- Swahili-first customer communication
- Hardship loan during coastal tourism downturns
- 3x deposits development loan
- Coast secondary-school term-aligned fees loan
- FOSA with mobile-money integration
- Retirement annuity scheme for long-serving teachers
Eligibility Requirements
Age: 18 - 60 years
Employment: TSC teachers Coast region
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 Mombasa Teachers SACCO 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