Loan Products
Six loan products tailored to meet your diverse financial needs
Normal Loan
1% p.m. reducing balance
Our flagship loan product with competitive rates and flexible repayment terms.
Maximum Amount:Ksh 5,000,000
Repayment Period:48 months
Interest Rate:1% p.m.
Disbursement:Monthly
Eligibility Requirements
- 6 months active membership
- 2/3 of salary rule applies
- 100% guarantee required
- Valid National ID or Passport
- Guarantor details & signatures
Loan Application Process
Simple 8-step process to get your loan approved
1
Visit SACCO Office
Come to our office or contact us
2
Fill Application Form
Complete the loan application form
3
Submit Documents
Provide ID, payslips, and guarantor details
4
Guarantor Approval
Your guarantor signs the guarantee form
5
Credit Committee Review
Application reviewed by credit committee
6
Loan Approval
Receive approval notification
7
Sign Loan Agreement
Sign the loan disbursement agreement
8
Disbursement
Funds deposited to your account
Ready to Apply for a Loan?
Join hundreds of flower farm workers accessing affordable credit with Hyperflora SACCO