OUR LOANS
Loan application is now super easy!
Explore below our varied loan products
1%
per month interest
on a reducing balance.
Development Loan
For any development project.
Business Loan
For ongoing business activities.
Emergency Loan
Up to Kshs 100,000 for urgent needs (e.g., sickness), repaid in 12 months.
Education Loan
For school fees and related costs, based on a valid fee structure. Repaid in up to 24 months for post-secondary and 12 months for primary/secondary education.
Agribusiness Loan
For agricultural purposes, repaid in 24 months.
Church Loan
For Catholic churches, granted through the Parish Pastoral Council.
The following terms apply across all loan products
- Under KShs. 50,000: Repayment period up to 2 years
- KShs. 50,000 - KShs. 499,999: Repayment period up to 3 years
- KShs. 500,000 - KShs. 999,999: Repayment period up to 4 years
- KShs. 1,000,000 and above: Repayment period up to 5 years
- Members can have multiple close purpose loans.
- Refinancing is allowed after repaying 70% of the existing loan.
- Loans are limited to a maximum of three times the member’s savings.
- Applicants must self-guarantee at least 1/3 of the loan amount.
- Boosted savings can be used for loans.
- Self-guaranteed loans qualify for up to 95% of the member’s savings.
- Loan form fee: Kshs 100.
- Loan Security Fund: 1% of the loan amount.
- Cross guarantorship allowed from members of other SHGs under Caritas Nairobi.