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Normal Loans

Normal  Loans

  1. The loan is granted for development purposes and applicant must have completed six months’ membership.
  2. Interest is charged at 1% per month on reducing balance.
  3. Applicant must attach two most recent two copies of original pays lips or, bank statement or any other documents as proof of ability to repay the loan applied.
  4. One third (1/3) rule is applicable for the salaried members while ability to pay is checked for non-employed members
  5. Loan must be guaranteed by at least five guarantors or security provided by the loanee.
  6. The loan is issued on three times the deposits and repayable within a period of sixty months (60)

Contact Info

P.O. BOX: 30586- 00100, Nairobi. NCPB Nairobi Grain silos Complex, Donholm,Nairobi, Kenya. Off Outering Road. TELEPHONE: 0728102039 / 0737479373

EMAIL: info@nafakasacco.co.ke or nafakasacco@yahoo.com

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Nafaka Sacco Society Limited.    All rights reserved 2020