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Sheria SACCO Development Loan

Sheria SACCO

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
12% p.a.
Loan Amount
Ksh 50,000 - Ksh 15,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN

Rating Breakdown

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Pros & Cons

Pros

  • Competitive 12% interest on reducing balance
  • Up to 4x deposits development loan
  • Tailored for judicial officers
  • Nairobi HQ anchor branch
  • Tenure up to 72 months
  • Practising certificate financing
  • Multi-court FOSA
  • CLE training loan

Cons

  • Restricted to law enforcement common bond members
  • Guarantors required from same SACCO
  • Minimum 3 months deposits before first loan
  • Processing can take up to 48 hours
  • Legal sector bond only
  • Advocate certificate verification required

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Product Details

Features

  • Dedicated SACCO for legal and judicial professionals
  • 4x deposits development loan up to KES 15m
  • Advocate practising certificate financing
  • Payroll check-off across Judiciary and ODPP
  • FOSA with multi-court station access
  • Continuing legal education (CLE) loan
  • Retirement annuity for judicial officers

Eligibility Requirements

Age: 18 - 60 years
Employment: Judiciary staff, ODPP prosecutors, Court clerks, Advocates of the High Court

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?

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Application takes less than 10 minutes

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