UKAGUZI SACCO has a wide range of credit products toiler made to suit varied members needs and obligations.
Member loan Eligibility
- Have completed at least 2 months of membership
- Must have attained minimum Share Capital of Kshs. 20,000
- Ensure contributions have been consistent for at least 2 months prior to loan application from checkoff.
- Demonstrate ability to repay the loan via payslip
- A member who withdraws from the society and rejoins later will be treated as new member for the purpose of lending policy
- A member whom transfers deposit from another society to Ukaguzi direct will be eligible for a loan instantly.
- Member is allowed to have maximum of three loans at given time i.e. one Development loan and either School Fees or Emergency loan subject to eligibility.