Stoke Uk Diaspora Sacco

emergency/Instant loan

We are there when life knocks hard

This product helps members take care of urgent and unexpected life expenses e.g. hospital bills or other urgent family expenses

Product Features:

  • Maximum Loan is Kshs 400,000
  • Loan issued shall not exceed four times one’s deposits.
  • Repayment period shall not exceed 12 months.
  • Interest rate shall be 1.5% per month on reducing balance.
  • Only a member’s deposits are used as security.
  • Disbursed within 24 hours.


  1. To qualify, one must have completed at least 6 months of membership and must be up to date with their monthly contributions.
  2. Ensure contributions have been consistent for at least 3 months prior to the loan application.
  3. Show proof of ability to repay the loan.
  4.  A member who transfers shares from another society will only be eligible for a loan after 3 months.
  5. All loans shall be insured by a reputable insurance company against death or permanent disability.