Monthly Deposit Account Loans Advances Junior Savings Account Holiday Super Save Account

Monthly Deposit Account

This is an account that Members save a minimum of Kshs. 1,000 every month as part of their saving.
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Loans

Development Loan, Refinancing 1 & 2, Education Loan, Instant Loan, Household Loan, Pata Manufaa Loan
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Advances

Advance Poa, Fuel Advance
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Junior Savings Account

Members with dependents can open this account as a saving platform to secure their future.
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Holiday

This is a savings scheme that enables members to save for their holidays
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Super Save Account

The opening fee for this account is Kshs 2500/=
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Development Loan

This kind of loan is for anything closely related to a development/investment project e.g. home refurbishing, house construction and land purchasing etc.

Development loan 1. Nl 01

  • Maximum repayment period: 60(sixty) months.
  • Interest rates: 1 %( one Percent) on a reducing loan balance.
  • The entitlement is three times a Member’s deposits.
  • Processing period: 30 days.
  • The development loan must be fully guaranteed through the acceptable methods of guarantor ship by the Sacco.
  • A minimum deposit for loans borrowed beyond Kshs. 500,000 is/should be 0.5% of the loan borrowed.

Development loan 2. Nl 02

This is a loan given as a top up loan to a development loan given to a Member. All basic requirements are as per development loan given initially. The amount to be within entitlement and the development loan MUST have been serviced at least 20% of the principle amount. The interest rate is 1.5% on a reducing loan balance and the repayment period is within the remaining repayment period of the currently running development loan 1.

The processing period for the refinancing is 30 working days.

Development loan 3. Nl 03

This is a loan given as a second top up loan to a development loan given to a Member. All basic requirements are as per development loan given initially. The amount to be within entitlement and the development loan MUST have been serviced at least 20% of the principle amount. The interest rate is 2.00% on a reducing loan balance and the repayment period is within the remaining repayment period of the currently running development loan 2.

The processing period for the refinancing is 30 working days.

Contact Us

Uokoaji Sacco Limited

Cell: +254 0729907048/ 0732907048

Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it. 

Commodore Office Suites, Suite 4C, T Junction of Wood Avenue and Kindaruma Road Nairobi, Kenya