Education Loan

These loans are issued to member’s four times Members educational savings account Inter­est rate of 10.4%p. a Members should enrol to Human Capital Development Project to qualify for this Category of loan. 

A member applying for this Loan must;

• Members should submit school fee structure; join instructions forms, school invoice or any other document in due for the respective candidate fee requirement.
• Upon qualification of the loan SACCOS will write a crossed cheque payable to the respective school bank account to ensure proper management of the loan to the in­tended purposes.

Note: Beneficiary is members for his/her personal eduction development, his/her spouse, children or dependents.