Ollin SACCO Development Loan
Ollin SACCO
Last updated: April 16, 2026
★★★★★
0/5Based on 0 Reviews
Interest Rate
12.5% p.a.
Loan Amount
Ksh 30,000 - Ksh 6,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN
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Pros & Cons
Pros
- Competitive 12.5% interest on reducing balance
- Up to 3x deposits development loan
- Tailored for kakamega county civil servants
- Kakamega HQ anchor branch
- Tenure up to 60 months
- Mumias payroll check-off
- Cane-farmer loan
- Butere school calendar alignment
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
- Sugar belt seasonality
- Kakamega regional focus
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Product Details
Features
- Western Kenya SACCO anchored in Kakamega civil service
- Mumias Sugar payroll check-off integration
- TSC check-off for Kakamega County teachers
- Cane-farmer loan with factory verification
- Small shop trading loan for Mumias traders
- School fees loan aligned to Butere school calendars
- Emergency 24-hour disbursement via M-Pesa
Eligibility Requirements
Age: 18 - 60 years
Employment: TSC teachers, County staff, Mumias Sugar factory workers
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 Ollin SACCO Development Loan today. Fast approval and competitive rates.
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