Special Loans

GROUP LOAN

As a group or chama looking to finance your big dream aimed a common target, this loan facility is ideal just for those plans.

Features

  • Maximum amount determined  x 4 of savings.
  • Repayment period from as low as 1 month to 36 months
  • Interest rate on a reducing balance 
  • The debt service ratio is 50%
  • Saving and training for 6-8 weeks before borrowing

BENEFITS

  • Reducing Balance Interest rate with Competitive rates
  • There is co-guarantor ship by group members
  • Fast Processing 
  • Flexible repayment
  • Clear Terms and Conditions

Requirements

  • Group need to be a SACCO member.
  • A duly completed loans application form
  • Group members should be 18 years and above with a national ID or passport.
  • Group constitution.
  • Group minutes.
  • Certificate of registration.
  • Attach required documents
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About Us

We are savings and credit cooperative society. Which was registered by SASRA under in the year 1984 under Reg. No. CS/4107.
Our branch network has a total of 19 Branches:-

  • Kirinyaga County - 16
  • Githurai, Kiambu County - 1
  • Tsavo Road, Nairobi County - 1
  • Kitengela, Kajiado County - 1

Contact Us

Our Headoffice  Adress

Bingwa Sacco Ltd
434 -10300, Kerugoya
info@bingwasacco.coop
+254 725 713 471
+254 707 069 180

Mon - Friday 8:30 to 16:00
Saturday 8:30 to 12:00
Holidays & Sunday : Closed

Company