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Sacco Personal Loan

The Sacco has partnered with cooperative bank to offer Coop personal loans to the Sacco members at favorable terms. This is applicable for those members wishing to access long term credit, yet they do not qualify for the development loan.

Join Us

For one to apply for any loan product, the following shall be mandatory requirements:-

  • Two latest original payslips
  • A copy of your national Identity Card or passport
  • A copy of your KRA Personal Identification Number
  • Appropriate supporting documents
  • Bank statements where applicable

About this product

The Sacco has partnered with cooperative bank to offer Coop personal loans to the Sacco members at favorable terms. This is applicable for those members wishing to access long term credit, yet they do not qualify for the development loan.

  • Loan amount:  shall be based on ability to pay
  • A member shall have been active for at least 6months
  • Security: at least 2 guarantors, and or collateral. Shares of the loanee and the guarantors shall be equal or more than the loan applied. 
  • Duration:  Maximum of  96 months
  • Purpose: long-term capital development.
  • Interest rate: 14% per annum on reducing balance 
  • Appraisal fee:  3%.

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These services are open to all our members

Nacico Sacco Services to serve you better

Online Customer Portal

Online Customer Portal

Access your account from any device anywhere in the world.
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Mobile App

Mobile App

Download our mobile app from the playstore and easily bank directly from your phone.
Download our app

ATM Services

ATM Services

Access the funds in your savings account from our the over 2000 Co-op ATMs country-wide.
Learn More

Mobile Banking

Mobile Banking

Download our app from the PlayStore and easily bank from your phone
Learn More

Mpesa

Mpesa

Deposit directly into your shares or savings account using our paybill 914050
Learn More

Open a Nacico Sacco account today and start saving for your future.

Opening an account is quick and fast and only takes a few minutes. You only need your National ID to get started.

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Nacico is registered and regulated by SASRA

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Products

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Quick Links

Contact Us

Call us :

0709390100

020 568458

Email us :

info@nacicosacco.coop

Visit our office :

Nacico Plaza, Landhies Road

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Nacico Co-Operative Savings and Credit Sacco Limited - All Rights Reserved

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