Microfinance/Group Savings

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