Nakuru Teachers SACCO Development Loan
Nakuru Teachers SACCO
Last updated: April 16, 2026
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★★★★★
0/5Based on 0 Reviews
Interest Rate
12% p.a.
Loan Amount
Ksh 30,000 - Ksh 8,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN
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Pros & Cons
Pros
- Competitive 12% interest on reducing balance
- Up to 3x deposits development loan
- Tailored for tsc teachers in nakuru county across rift valley
- Nakuru HQ anchor branch
- Tenure up to 72 months
- Land-purchase product
- Teacher salary analytics
- Term-based retirement workshops
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
- Nakuru TSC only
- Land loans require clean title
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Product Details
Features
- TSC check-off for all Nakuru teachers
- 72-month development loan tenure
- 3x deposits multiplier
- School fees loan with term-calendar schedule
- Land purchase loan for Naivasha/Molo plots
- FOSA with teacher-salary analytics
- Retirement planning workshops every term
Eligibility Requirements
Age: 18 - 60 years
Employment: TSC teachers in Nakuru County
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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