✓ Eligibility & Overview
- Must be a registered member of Twakiri Sacco in good standing.
- LPO Financing requires a copy of the LPO attached to the application.
- Quick Loan is for members needing fast access to small amounts below Ksh 50,000.
- Business/Development Loan targets investment in business stock and earnings growth.
- Minimum amount for Business/Development Loan is Ksh 10,000; amounts above Ksh 2M are negotiated.
- Interest computed on reducing balance.
● LPO Financing
Access up to Ksh 2,000,000 against a confirmed Local Purchase Order. Two repayment structures available.
| Structure | Max Amount (Ksh) | Period | Interest Rate |
|---|
| Interest payable monthly | 2,000,000 | 6 months | 1.4% p/m |
| Loan + interest at end of term | 2,000,000 | 3 months | 1.6% p/m |
ⓘ Note: Copy of LPO must be attached. T&C apply — see loaning policy notes for full details.
● Quick Loan
Fast, short-term credit for members with immediate business or personal needs under Ksh 50,000.
| Loan Amount (Ksh) | Loan Period | Interest Rate |
|---|
| Below 50,000 | 6 months | 1.3% p/m |
ⓘ Note: Fast-tracked processing for qualifying members. T&C apply.
● Business / Development Loan
Long-term financing to boost business stock, improve earnings and grow your venture. Minimum loan: Ksh 10,000.
| Loan Amount (Ksh) | Loan Period | Annual Interest Rate |
|---|
| 10,000 – 100,000 | 12 months | 12% p.a. |
| 101,000 – 500,000 | 24 months | 12% p.a. |
| 501,000 – 1,000,000 | 36 months | 12% p.a. |
| 1,100,000 – 2,000,000 | 48 – 60 months | 12% p.a. |
| Above 2,000,000 | Negotiated | 12% p.a. |
ⓘ Note: Both short-term and long-term options available. Interest on reducing balance. T&C apply.
