Loans

Member loans are a credit facility given to members who have been members of Kuwala SACCO for not less than 1 month. Kuwala SACCO loans are payroll-based.

All loans are granted to members based on their capacity to repay.

Our Loans

Development Loan

It is deductible over a maximum period of thirty-six (36) months.

Material Loan

This enables a member to purchase
item(s) directly from a supplier. This loan is payroll-based.
Maximum repayment period is
nine (9) months

Pompopompo Advance

This is granted in consideration to a
member’s history to repay. It is repayable within one (1) monthby cash.

IGA Loan

It is deductible over a maximum period of twelve (12) months.

Ordinary Loan

The maximum amount granted is 200% of a member’s shares.
Maximum repayment period is
thirty-six (36) months

School Fees Loan

It is deductible over a maximum period of three (3) months

Takulandirani Loan

This is granted to new members upon joining the SACCO

Loan CALCULATOR