Asset Finance
Vehicles, motorcycles, tuk-tuks, tractors, home appliances, and property. Predictable monthly instalments at transparent rates.
Flexible financing for the things you need
Most products use equal-instalment reducing balance. Tenors and caps are enforced per product.
Home Appliances
24 months- Tenor: 24 months
- Rate: 1.5% per month (reducing)
Eligibility & Requirements
- No maximum amount (subject to affordability & policy)
- Partner outlets: Roto Tanks, Hotpoint, Safaricom (gadgets), CIC (insurance)
- Active member, KYC (ID & KRA PIN)
Motor Vehicle (New / Imported)
Up to 70% of cost- Tenor: 48 months
- Rate: 1.25% p.m. (reducing)
Eligibility & Requirements
- Max entitlement: 4× member deposits
- SACCO finances up to 70% of vehicle cost
- Member pays 30% to vendor directly
- Costs (valuation, tracking, insurance, legal/chattels) met by member
- Security: Logbook jointly registered (no guarantor)
Motor Vehicle (Used ≤7 yrs)
Up to 70% of cost- Tenor: 36 months
- Rate: 1.25% p.m. (reducing)
Eligibility & Requirements
- Max entitlement: 4× member deposits
- SACCO up to 70% of cost; member 30% to vendor
- Costs (valuation, tracking, insurance, legal/chattels) by member
- Security: Joint logbook (no guarantor)
Motor Vehicle (Used 8–15 yrs)
Up to 70% of cost- Tenor: 24 months
- Rate: 1.25% p.m. (reducing)
Eligibility & Requirements
- Max entitlement: 4× member deposits
- Up to 70% financing; member 30% to vendor
- Costs (valuation, tracking, insurance, legal/chattels) by member
- Security: Joint logbook (no guarantor)
Tractor (Brand New)
Up to KES 2,500,000- Tenor: 48 months
- Rate: 1.25% p.m. (reducing)
Eligibility & Requirements
- Max loan: KES 2,500,000
- SACCO finances up to 70% (new)
- Member pays 30% to vendor
- Costs (valuation, tracking, insurance, legal/chattels) by member
- Security: Joint logbook (no guarantor)
Tractor (Second Hand)
Up to KES 2,500,000- Tenor: 36 months
- Rate: 1.25% p.m. (reducing)
Eligibility & Requirements
- Up to 60% of forced sale value
- Member pays 40% to vendor
- Costs (valuation, tracking, insurance, legal/chattels) by member
- Security: Joint logbook (no guarantor)
TukTuk
Max KES 300,000- Tenor: 48 months
- Rate: 1.25% p.m. (reducing)
Eligibility & Requirements
- Up to 70% of cost (new)
- Member pays 30% to vendor
- Costs (valuation, tracking, insurance, legal/chattels) by member
- Security: Joint logbook (no guarantor)
Motorcycle
Max KES 200,000- Tenor: 48 months
- Rate: 1.25% p.m. (reducing)
Eligibility & Requirements
- Up to 70% of cost (brand new 1–8 yrs)
- Member pays 30% to vendor
- Costs (valuation, tracking, insurance, legal/chattels) by member
- Security: Joint logbook (no guarantor)
Shamba Loan (Lamu Plots)
Up to 100% financing- Tenor: Up to 120 months
- Rate: 1.25% p.m. (reducing)
Eligibility & Requirements
- Eligibility: up to 4× member deposits
- Financing: up to 100% of plot value
- Title jointly registered with SACCO
- No guarantors; no valuation
- All-inclusive costs as per project
Apartments / Off-Plan (Mortgage)
Up to 90% financing- Tenor: Up to 120 months
- Rate: 1.25% p.m. (reducing)
Eligibility & Requirements
- Membership: min 6 months
- Max entitlement: 4× member deposits
- Financing: up to 90% of cost
- Member pays 10% to vendor
- Property must be insured
Loan Calculator Method: Reducing Balance (equal instalments)
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| Month | Payment | Principal | Interest | Balance |
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Brand: #34B233 / #DC1F26
M-PESA Paybill
Paybill: 902250
Use KEY CODE + ID e.g. MVL112345678.
Suggested keys: HAL (Home Appliances), MVL (Motor Vehicle),
TRL (Tractor), TTL (TukTuk),
MCL (Motorcycle), SHM (Shamba), APT (Apartments).