Micro Credit Products

In line with the Sacco’s vision and mission, we have tailor made products to cater for the Micro sector

Solidarity Group

Biashara Loan

This product targets individual members in groups who meet the following criteria

Collateral

Loan CycleMax LoanMultiplier FactorMax Term (Months)Weekly savings
First Loan50,000.00106300
Second Loan100,000.00512300
Third and subsequent loans200,000.00424300
Interest Rate1.25pm Flat Rate

Solidarity Group

Biashara Loan Plus

This product targets individual members in groups who meet the following criteria

Collateral

Loan CycleMax LoanMultiplier FactorMax Term (Months)Weekly savings
First Loan100,000.00812500
Second Loan200,000.00524500
Third and subsequent loans400,000.00424500
Interest Rate1.25pm Flat Rate

Investment Group

Biashara Asset Finance/Investment Loan

This product targets individual members and Chama/Investment groups who meet the following criteria

Collateral

Max LoanMax Term (Months)Monthly savings
1,000,000.00365,000.00
3,000,000.00365,000.00
5,000,000.00365,000.00
1.3pm Reducing
Multiplier Factor4 (four times)
Denounce with righteous indignation and dislike men who are beguiled and demoralized by the charms pleasure moment so blinded desire that they cannot foresee the pain and trouble.