Kimisitu DT Sacco

Home Loan Products Long Term Loans

Long Term Loans

 Ksh 50,000,000 Loan Limit
 72 Months Repayment Period
 *4 Deposits Multiplier
 12% Interest (Annually)
 Waiting period for members on check-off is 3 months.
 Waiting period for members not on check-off is 6 months.
 Security Options | Self guarantee, Guarantors, Car log book, or Land Title.
 

Can buy off Premier Loan and Mega Loan

Ksh 50,000,000 Loan Limit
48 Months Repayment Period
* 4 Deposits Multiplier
13% Interest (Annually)
Waiting period for members on check-off is 3 months.
Waiting period for members not on check-off is 6 months.
Security Options | Self guarantee, Guarantors, Car log book, or Land Title.
Ksh 50,000,000 Loan Limit
72 Months Repayment Period
* 4 Deposits Multiplier
14.4% Interest (Annually)
Waiting period for members on check-off is 3 months.
Waiting period for members not on check-off is 6 months.
Security Options | Self guarantee, Guarantors, Car log book, or Land Title.
Buys off all loans
Ksh 50,000,000 Loan Limit
84 Months Repayment Period
* 5 Deposits Multiplier
15.6% Interest (Annually)
Waiting period for members on check-off is 3 months.
Waiting period for members not on check-off is 6 months.
Security Options | Self guarantee, Guarantors, Car log book, or Land Title.
Interest rate of 1% per month on reducing balance
Repayable in 60 months
Based on 80% of members’ gross pay
Irrevocable instructions to have salary pass through FOSA
Salary must have passed through FOSA for at least 3 months
Rental Master Plus Loan
Members with rental properties (rental and commercial)
Renovation or expansion of rental units, bridging finance while awaiting rental income, refinance existing landlord loans and advance against rent receivables.
Enables rental income generation, supports property investment and wealth creation.
Loan limit: Ksh. 50,000,000
Interest: 1.08% p.m.
Multiplier: X5 monthly rental income
Repayable in up to 72 months
Security: Rental agreement + title deed

Landlord Advance Facility
Landlords awaiting delayed rent payments
Based on up to 6 months’ rent channelled through Fosa.
Security: Rental agreement and tenant acknowledgment deed
Provide quick cash flow support based on expected rental income
Loan limit: Ksh. 15,000,000
Interest: 1.2% p.m
Multiplier: X5 of monthly rental income
Repayable in up to 36 months
Secured on rental
Ksh 50,000,000 Loan Limit
60 Months Repayment Period
* 4 Deposits Multiplier
12% Interest (Annually)
Waiting period for members on check-off is 3 months.
Waiting period for members not on check-off is 6 months.
Security Options | Self guarantee, Guarantors, Car log book, or Land Title.
Ksh 50,000,000 Loan Limit
48 Months Repayment Period
* 4 Deposits Multiplier
13% Interest (Annually)
Waiting period for members on check-off is 3 months.
Waiting period for members not on check-off is 6 months.
Security Options | Self guarantee, Guarantors, Car log book, or Land Title.
Ksh 50,000,000 Loan Limit
72 Months Repayment Period
* 4 Deposits Multiplier
14.4% Interest (Annually)
Waiting period for members on check-off is 3 months.
Waiting period for members not on check-off is 6 months.
Security Options | Self guarantee, Guarantors, Car log book, or Land Title.
Ksh 50,000,000 Loan Limit
84 Months Repayment Period
* 5 Deposits Multiplier
15.6% Interest (Annually)
Waiting period for members on check-off is 3 months.
Waiting period for members not on check-off is 6 months.
Security Options | Self guarantee, Guarantors, Car log book, or Land Title.

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