SACCO Loan Details

Leave blank to calculate max based on shares
For guarantor count estimate
Monthly Repayment
Your Shares
Maximum Loanable
Loan Amount
Monthly Repayment
Total Interest
Guarantors Needed
Total Repayment

How SACCO Loans Work in Kenya

SACCOs in Kenya lend based on your share deposit. The loan limit is typically a multiple of your shares (3×–10×). Most SACCOs charge 1% per month (12% p.a.) on a reducing balance.

Guarantors are required to cover the loan amount that exceeds your own shares. Each guarantor "secures" a portion equal to their shares.