Purpose:   Auto loan address the purchase of motor vehicle to members.


  • Qualifying loan is up to 90% forced sale value for Toyota model and 80% for any other model.

  • Interest rate is 1.25% per month on reducing balance.
  • One- off insurance fee: 0.5%
  • Maximum repayment period is 48 months (4 years).
  • Security options: member deposits. 
  • Minimum share capital of kshs 20,000/=.
  • Comprehensive insurance cover to be offer by the sacco.
  • Insurance renewal to be done through the Sacco.
  • Installation of anti-theft device & joint registration of the vehicle.

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