Asset Financing

Purpose.

The asset finance facility enables members to buy discounted household products e.g. Tanks, fridges, cookers etc.
We actualize this through various partnerships.

Features:

  • Maximum interest rate is 15% per annum on reducing balance.
  • Repayment period ranges between 6 to 24 months based on the product.
  • Security options: Member deposits.
  • No processing charges.
  • Full Sacco membership of at least 3 months and evidence of ability to pay.

The Assets include:

  • Tanks
  • Electronics – Cookers, TV, Fridge etc.
  • Phones.
  • Laptops.
  • Income generating products.
  • Roofing sheets.