Normal Loan

Repayment Period: 48 Months

Processing period: Within 1 Month

Qualifications: 48 Months Subject to ability to Repay

Documents: Latest Payslip, Duly filled and signed Loan Application Form

Security: Non-withdrawable Deposits, Salary, Savings, Guarantors and Sacco acceptable tangible securities.

Multiplier: 4 times your Non-withdrawable Deposits.

Automobile Loan

Repayment Period: 60 Months

Qualifications: Subject to ability to Repay

Security: Non-withdrawable Deposits, Salary, Savings, Guarantors and Sacco acceptable tangible securities.

Processing Period: Within 1 Month

Requirements: Latest Payslip, Duly filled and signed Loan Application Form

Multiplier: 4 times your Non-withdrawable Deposits capped at KES 900,000 Maximum.

Haraka Loan

Qualifications: Subject to ability to repay.

Maximum Repayment Period: 12 Months

Requirements: Latest Payslip, Duly filled and signed Loan Application Form

Security: Non-withdrawable Deposits, Salary, Savings and Guarantors

Processing Period: Within 4 hours.

Multiplier: N/A

NB: *** One can apply for Haraka Loan as many times as one can repay.

Fanikisha Loan

Repayment Period: 60 Months

Processing Time: Within 1 Month

Qualifications: Subject to ability to Repay

Requirements: Latest Payslip, Duly filled and signed Loan application Form

Security: Non-withdrawable Deposits, Salary, Savings, Guarantors and Sacco acceptable tangible securities.

Multiplier: 4 times your Non-withdrawable Deposits.

Jipange Loan

Repayment Period: 24 Months

Processing Time: Within 4 Hours

Qualifications: Subject to ability to Repay

Requirements: Certified copy of retirement letter and Duly filled and signed Loan application Form

Security: Non-withdrawable deposits, Savings, Commitment Letter from Pensions Department and atleast 3 guarantors.

Multiplier: 1.5 times your Non-withdrawable Deposits.

Prime Loan

Repayment Period: 72 Months

Processing Time: Within 1 Month

Qualifications: Subject to ability to Repay

Requirements: Latest Payslip, Duly filled and signed Loan application Form

Security: Non-withdrawable Deposits, Salary, Savings, Guarantors and Sacco acceptable tangible securities.

Multiplier: 5 times your Non-withdrawable Deposits.

NB: ***Must capitalize dividend annually for the period the loan will be under repayment.

Mradi Loan

Repayment Period: 10 Months

Processing Time: Within 14 Days

Qualifications: Subject to 75% of the LPO/LSO/ Contract Sum

Requirements: Duly filled and signed Loan Application Form, Letter of Commitment from the tenderer that payment shall be made in favor of IG Sacco and a certified copy of LPO/LSO

Security: 50% of the loan to be secured by guarantors and balance of the loan amount to be secured by non-withdrawable deposits, Savings, and Sacco acceptable tangible securities

Multiplier: 5 times your Non-withdrawable Deposits subject to a Maximum KES 5 million or the LPO/ LSO/Contract Sum, whichever is less.

Contact Details

IG (Invest & Grow) Sacco Society LTD

Khalisia Road 3, IG Sacco Plaza

P.o Box 1150- 50100 Kakamega, Kenya.

Telephone: +254 (56) 30864

Mobile: +254 726 340 851/ +254 736 333 334

Email: info@igsaccoltd.co.ke

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