NYATI SACCO GROUP LOANS
Are you in a solidarity or investment group?
REQUIREMENTS TO JOIN NYATI SACCO SOCIETY LIMITED
- Certificate of registration.
- Constitution of the group.
- List of members.
- Group minutes resolving to join Nyati Sacco.
- ID copies and passport photos of authorized signatories
- Solidarity group Registration fee is 2220/= per member and Investment groups is 1000/=
- Minimum savings 400/= per week per member for solidarity groups and 5000/= per month for investment groups.
- Save for a minimum period of 3 months and access loans up to 3 times of your contributions
- Interest charged at 1.5% p.m. on reducing balance.
- Maximum repayment period is 36 months
- Appraisal fee is charged at 1%
- Maximum Loan 1,000,000