Biashara Loan

This is a loan product specifically targeting the business community.

Terms and Conditions

  1. The loan applicant must have an ongoing, registered business and is an active member of the Sacco in terms of carrying out daily transactions
  2. The loan applicant must have shareholding worth, at least, Ksh. 10,000 (ten thousand shillings only )
  3. The loan applicant must maintain non-withdrawable deposits of 15% of the approved loan amount.(contributed upfront)
  4. The loan applicant and guarantors must offer chattels as security.
  5. The maximum repayment period shall not exceed 24.
  6. The loanee expressly authorises the lender (Wakenya Pamoja Sacco Society Ltd) to access his savings deposits as disclosed in the irrevocable Authority Clause in liquidation of the loan
  7. The loan applicant must surrender original ownership documents to the lender for the chattels offered as securities in respect of the loan
  8. The lender shall surrender back original ownership document/s deposited by the loanee as security for a loan once the loan is fully liquidated.
  9. The loan applicant shall provide three guarantors.

Physical Address: Kahawa House, Opp. Gudka Westend, along the Kisii-Sotik Rd ,Overlooking Daraja Moja
Tel: 058 30220,058 30221, Mobile: 0736 856060 , Fax: 30219 , E-mail:

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