KETEPA SACCO

Features KETEPA SACCO

Ketepa Sacco Limited was registered in 1981 and its Main activity is Back Office Service Activity (BOSA) which is a saving and Loan Facility.
The Sacco has since grown over the Years and has assisted many Members to raise their standards of living while at the same time enjoying the many services being offered.
The Sacco is situated at the KETEPA HEAD OFFICE, KERICHO along Kericho Nakuru Highway.
BOSA PRODUCTS 1.
DEVELOPMENT LOANS (Long term loan) This product is open to all Members.
A member can take a maximum loan of 3 times deposits held.
Repayment period 36 months and interests 1% per month on reducing balance, 48 months and interest of 1.0%, 60 months and interest rate of 1.08% and 72 months at the rate of 1.17% per month 2.
Emergency Loans (Long term Loan) Open to all members.
Repayment period 12 Months.
Interests 1% on reducing balance.
3.
School Fees (Long term loan) This loan is meant for primary, secondary, college and university fees.
Repayment period 12 Months.
Interest Rate is 1% per Month on a reducing balance basis.
4.
Quick Loans (Short term loans) The Loan is meant for only urgent or instant needs.
Minimum Loan is Ksh.10 and Maximum is KSH.1,000,000.
You get the Loan instantly with pre-approved loan limits.
Repayment period is 1 Month.
Interests is charged per Month at 6%.
The loan limit is allocated manually per individual based on their savings as following.
(Borrow 3x savings balance - any loan balance)*20% = Loan limit.
Note that we are a Regulated Non Withdrawable Deposit Taking Sacco Society Limited and all our loans & terms are licensed and authorized by SASRA (SACCO SOCIETIES REGULATORY AUTHORITY) of Kenya.