Deposit Boosting

This is an advance that enables members to boost their deposits in order to qualify for bigger loans. The SACCO charges 8% on the advance. The member instantly enhances their deposits through this product and enjoys interest on the same at the end of the year on the amount boosted.

Loan Protection

All loans to members are fully insured against death under the loan protection cover. Each member contributes an amount of E40.00 per month towards payments of premiums.

Burial Scheme

This product is compulsory to all members. Detailed information on how the scheme operates is found in the Burial Scheme Brochure.

Family Support

In the event of a member’s death the Society provides financial support to member’s dependents in an amount of E6 000.00 payable in instalments of E2000.00 per month.

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