We will help you buy land or a house
This product enables members to own a piece of land or buy a house. The member can either buy the land/property from the market or take advantage of discounts and offers from the Sacco and its affiliate partners e.g. Safaricom Investment Cooperative and 14 Trees Homes.
- To qualify, one must have completed at least 6 months of membership and must be up to date with their monthly contributions.
- Ensure contributions have been consistent for at least 3 months prior to the loan application.
- Ensure that savings contributed in lump sum for the purpose of taking a loan have been in the Sacco for at least 3 months
- Show proof of ability to repay the loan.
- A member who transfers shares from another society will only be eligible for a loan after 3 months.
- All loans shall be insured by a reputable insurance company against death or permanent disability.