DEVELOPMENT LOANS
EMERGENCY LOANS
This loan product is available to members who have an active loan product and would like to borrow the same product. It is applicable on development, emergency and school fees loan products. The loan amount and repayment period (subject to a maximum of 48 months) depends on the amount required and the total loans owned to the SACCO.
This is a facility to assist SACCO members to save for their Christmas festivities. A member saves any amount of money with the SACCO on monthly basis which is paid back in December just before businesses close for Christmas and New Year Holidays.
Members qualify for 4 times of their cash deposits and maximum repayment period is 60 months at 14% interest.
Masaa loan is applicable to salaried members whose salaries are processed by Export Processing Zones Authority and Constituent EPZ Companies. It is recovered once within a month and limited to net salary pay. Interest is charged on 10%.
EPZA Savings & Credit Co-operative Society Ltd,
Kitengela, Kenya – 788
