Ustawi Loan


  • Loan issued at 10 times of the members savings.
  • Interest Rate – 12% p.a. on reducing balance.
  • No Guarantors required.
  • Loan repayment period is 20 years (subject to retirement age & the terms of Employment)
  • Loan Recovery will be via checkoff.
  • The loan security will be a title deed/Sub Lease.
  • Minimum value Kes.1.5M
  • Maximum Loan Kes.20M
  • Financing available at 105% of Mortgage value.
  • Mortgage buy-off available.
  • Refinancing other loans shall not be allowed.
  • Processing fee of 0.5%
  • SLA within 90 days.
  • All related fees shall be included on the application and the member’s deposits used as security for the same (the respective deposits will then be held in lien)
  • The offer shall only be available for ready houses.
  • A member must have saved with the Sacco for 6 months to qualify for the facility.