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Tembo SACCO Development Loan

Tembo SACCO

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
11% p.a.
Loan Amount
Ksh 100,000 - Ksh 15,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN

Rating Breakdown

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Pros & Cons

Pros

  • Competitive 11% interest on reducing balance
  • Up to 3x deposits development loan
  • Tailored for kenya pipeline company staff and oil industry employees
  • Nairobi HQ anchor branch
  • Tenure up to 72 months
  • Low 11% rate
  • Relocation support loans
  • Tied to KPC payroll

Cons

  • Restricted to energy common bond members
  • Guarantors required from same SACCO
  • Minimum 3 months deposits before first loan
  • Processing can take up to 48 hours
  • Closed to non-KPC employees
  • Need 2 years' service

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Product Details

Features

  • Dedicated SACCO for Kenya Pipeline Company employees
  • Access at KPC depot locations across the country
  • 11% interest rate thanks to low default rates
  • Payroll check-off direct from KPC HR
  • Hardship loan for relocation between depots
  • Education loan aligned to KPC school term calendar
  • Retirement planning bundled with SACCO share transfer

Eligibility Requirements

Age: 18 - 60 years
Employment: Kenya Pipeline Company employees, Oil & gas sector staff, KPC contractors with at least 2 years' service

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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