Consumer Advance Loan

The loan is used to access consumer products and services at subsidized rates and they are able to repay the credit over a longer period of time.

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

Consumer Loan: The loan is used to access consumer products and services at subsidized rates and they are able to repay the credit over a longer period of time.

Interest rate: of 2% per month
Repayment period: 24months.
Loan repayment shall be through check off and or standing order
Invoice and or quotation shall be attached to the loan application form
A member shall be able to qualify for more than one consumer loan at any given time
The loan shall be granted within a members’ deposits multiplier of three times

These services are open to all our members

Nacico Sacco Services to serve you better

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.