Women Enterprise Fund

Women Enterprise Fund

The SACCO have been recognized by the government due to its achievements and good corporate governance to be an intermediary for disseminating the financial resources that is disbursed to women to meet its core objective and mandate of economically empowering women for the economic growth. The fund is cheap and accessible by women at an interest rate of 8% at reducing balance method with no hidden charges. Women can apply for the fund as group or as an individual.

Features

  • Maximum amount determined from time to time
  • Repayment period from as low as 1 month to 36 months
  • Interest rate on a reducing balance 
  • The debt service ratio is 50%
  • Available to women as groups and individuals

BENEFITS

  • Reducing Balance Interest rate with Competitive rates
  • No hidden Charges
  • Fast Processing 
  • Flexible repayment
  • Clear Terms and Conditions

Requirements

  • You need to be a SACCO member (Open an account if not yet a member).
  • A duly completed loans application form
  • Original ID Card as well as a copy
  • Proof of registration of the business or permit
  • Borrowing powers where applicable
  • Operate the account atleast 1 month  or provide proof of cashflows 
  • Attach required documents and provide security as required

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