Taifa SACCO Development Loan
Taifa SACCO
Last updated: April 16, 2026
★★★★★
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 meru county teachers
- Meru HQ anchor branch
- Tenure up to 72 months
- Nurses/accountants CPD loan
- Meru land-purchase product
- Teacher+professional bond
Cons
- Restricted to regional common bond members
- Guarantors required from same SACCO
- Minimum 3 months deposits before first loan
- Processing can take up to 48 hours
- Meru regional focus
- Branch cluster in Meru town
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Product Details
Features
- Meru SACCO serving teachers and professionals
- TSC check-off for Meru County teachers
- Professional development loan for nurses and accountants
- 3x deposits development loan
- Land purchase loan for Meru plots
- FOSA with M-Pesa paybill integration
- Dividend 10-12% historically
Eligibility Requirements
Age: 18 - 60 years
Employment: TSC teachers Meru County, Professionals, Farmers
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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