Senior Members Loan is a retiree-focused product designed to empower retired members by giving them access to credit based on their accumulated deposits. The loan is structured for easy servicing through retirement proceeds at a fair interest rate.
- Designed specifically for retired members
- Loan eligibility up to 80% of total member deposits
- Repayable within 36 months (3 years)
- Interest rate of 12% per annum
- Loan repayment serviced through retirement proceeds
Loan Calculator
Enter your loan details to estimate repayment. Results are indicative and may differ from the SACCO schedule.
Use the product rate (example: 12% p.a or 1% p.m).
Choose p.a for annual rates, p.m for monthly rates.
Upfront is useful for products that charge interest upfront (e.g. “8% upfront”).
If your product has a processing fee, add it here.
Disclaimer: This calculator provides estimates only. Actual repayment may vary based on SACCO terms, deductions,
and approvals.
Estimated Monthly Repayment (KES)
0.00
—
Total Interest (KES)
0.00
—
Total Amount Payable (KES)
0.00
—
Tip: Interest rates and repayment methods depend on the loan product selected.
