CROP BASED/AGRICULTURAL LOANS
Targets farmers of all kinds including coffee and tea
Features
- Proceeds must processed through the sacco
- Quick loan processing
- Affordable interest rates
OKOA ADVANCE
Targets coffee and tea farmers
Features
- Processed immediately
- Short repayment period
- At least two guarantors
COFFEE SOCIETY ADVANCE
Target societies whose members are paid through the sacco.
Features
- Society minutes authorizing borrowing
- Business plan on purpose
- Quick processing
INSTITUTIONAL LOANS
An overdraft advanced to individuals and institutions e.g school and factories
Features
- Have very active savings account
- Repayable within three months
- Quick processing to meet emergencies
- Postdated cheques equivalent to overdraft
WAKENYA FOSA LOANS / ADVANCES
Targets institutional employees and pensioners
Features
- Staffs in an institution whose salary is processed by the Sacco
- Institution ensure no diversion of salary
- Fast loan processing
- Recovering monthly from salary
BUSINESS LOANS
Targets small, medium and large enterprises /business people
Features
- Registered and ongoing business
- Affordable interest rates
- Repayment up to 24 months
GROUP BASED LOANS
- Value chain– Targets dairy farmers
- Jiinue Rafiki-targets small medium enterprises in urban areas
- Micro-finance-targets small medium enterprises in rural areas
Features
- Must have existences for at least 2 years
- Be a registered group
- Loan duration range from 6, 9 and 12 months
- Must have an active ROSCA or ASCA or BOTH
- Affordable interest Rate
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