Kico Sacco Loan Facilities
Check Off Loans
This applies to government
employees, tea farmers under
Ktda, private sector
employees and landlords
• Repayment period up to 48
months.
• Amount up to 3 million
• Affordable Interest rates
• An MOU is acceptable for
the loans
Emergency Loans
This includes sudden
hospitalization, court fines,
and other unforeseen
calamities but shall not
include rent arrears, bank
loans and credit cards.
• Repayment period up to 12
months.
• Affordable Interest rates
School Fees Loan
School fees loans will includefees for pre-primary, primary,
secondary, colleges and both
local and overseas universities.
• School fees loan applications
should be supported by relevant
documents e.g. Fees structure,
admission le?ers etc.
Repayment period up to 12
months
Biashara chap chap Loan
Caters for sudden business needs for example sudden
purchase of supplies, LPO and LSOs
• Maximum repayment period for short-term loan
shall be up to 6 Months.
• Affordable Interest Rates
• Repayment will be scheduled with specialty
purchase of supplies, LPO and LSOs
• Maximum repayment period for short-term loan
shall be up to 6 Months.
• Affordable Interest Rates
• Repayment will be scheduled with specialty
Short term loan (Instant loans)
Caters for the urgent financial needs that a member
may have at hand
• Repayment period up to 6 Months.
• Affordable Interest Rates
Development Loan
This includes personal andbusiness development projects.
• Repayment period up to 48
months
• Amount up to 3 million
• Affordable Interest rates
• Flexible repayment plans
factoring borrower’s income/
cash flow
Normal Loan Form
Short Term Loan Form
Chama Loan
These includes registered
investment Chama’s and
registered solidarity groups.
This is to cater for Chama’s
projects like purchase of land,
equipment or other motor
vehicles.
• The maximum repayment period for development loans
shall be 48 months.
• Amount up to 3 million
• Affordable Interest rates
• Loans to Chama’s must be guaranteed by all members
Asset Finance
Loan to acquire movable assets e.g. motor vehicles, private
cars, pick-ups, buses and lorries
Other include machineries, tractors, professional practice
equipment’s e.g. dental surgery.
Factors in all sectors.
• Repayment period up to 48 months
• Amount up to 3 million
• Affordable Interest rates
• Disbursement in cheque drawn in favor of the vendor.
Agribusiness (mavuno) Loan
Loan for crop and animal production in all agricultural
sectors. These include tea, poultry, dairy farmers pig
farmers etc.
• Repayment period up to 48 months
• Amount up to 3 million
• Affordable Interest rates
• Grace period on principal up to 6 months’ subject to
project appraisal