loan products

Loan Products

Normal/development loan

  • Open to all members
  • Amount eligible: 3 times the value of shares held
  • Repayment period: 48 months
  • Interest rate: 1% on reducing balance

Emergency Loan

  • Designed to cater for unforeseen circumstances
  • Amount eligible: 3 times the value of shares held
  • Repayment period: 12 months
  • Interest rate: 1% on reducing balance
  • Member must have serviced all other loans

Education Loan

  • Meant to help members pay school/college fees
  • Amount eligible: 3 times the value of shares held
  • Repayment period: 12 months
  • Interest rate: 1% on reducing balance

Premium Loan

  • Amount eligible: 3 times the value of shares held
  • Repayment period: 60 months
  • Interest rate: 1% on reducing balance as well as a 1,5 premium interest recovered upfront.

Re-Finance Loan

  • Meant for members wishing to re-finance their existing loans
  • Amount eligible: 3 times the value of shares held
  • Repayment period: 48 months
  • Interest rate: 1% on reducing balance

Introductory Loan

  • Available to new members who are on a salary
  • Amount eligible: Maximum of Ksh 200,000
  • Repayment period: 12 months
  • Interest rate: 1% on reducing balance
  • One-third (1/3) of the loan given will be capitalised to shares

Pepea Loan

  • Designed for members awaiting pension payments
  • Amount eligible: Ksh 10,000 per month for up to 12 months
  • Interest rate:
  • Loan and interest will be recovered from pension payments

Get Intouch

Imarisha Sacco Building,

Kericho town P.O Box 682-20200,

Nairobi, +254720 290 222

kerichohq@imarishasacco.co.ke

Working Hours

We work 5days a week.
Monday - Friday: 8:00am - 5:00pm
Saturday: 8:00am - 12:00pm
Sunday & holidays: Closed

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