Waumini DT Sacco Limited

Corporate Loan

Funding Your Goals, Fueling Your Success.

Corporate Loan

Features

  1. Access financing 6 times total savings.
  2. Interest rate is 13% per annum on reducing balance.
  3. Repayment period of up to 120 months.
  4. Provide 6 months bank statement.
  5. Processing fee of 1% of the amount qualified up to an amount not exceeding Kshs 500,000.
  6. Lending value is 70% of the open market value for urban land and 60% for rural land as per valuation report by the Society’s Valuer.
  7. 1% insurance charge on the loan facility

Benefits of Joining

  1. Quick salary/payroll processing.
  2. Quick loan processing and disbursements
  3. Affordable and competitive interest rates for loan products.
  4. Savings period of 6 months.
  5. Flexible and longer repayment period of 10 years.

Securities/Collateral used for Institution Loans

  1. Savings in FOSA
  2. Share Certificates at Nairobi Stock Exchange (NSE)
  3. Log books.
  4. Title deeds
  5. Fixed deposits with guarantee from the Institution.

Start Your Journey Today!

Why settle for ordinary? Become a member and enjoy priority access, special offers, and a world of possibilities.

Register Today

Features

  1. Interest of 1.042% pm on reducing balance
  2. Loan given 5 times cumulative group savings
  3. The loan repayment period is 5 years
  4. Member deposits or acceptable securities to secure a loan.

Start Your Journey Today!

Why settle for ordinary? Become a member and enjoy priority access, special offers, and a world of possibilities.

Register Today