Kabarak University SACCO was started in 2002 as a welfare organisation, drawing its membership from amongst the staff of Kabarak University,Moi High school Kabarak and Moi primary Kabarak.Since its inception, the SACCO has grown to become one of the biggest SACCOs in Kenya. Our mission is to uplift the socio-economic status of our members by offering them high quality services in biblical perspectives. Our vision is to be a SACCO with a difference offering high quality financial products and services to members. Our office is located within the Kabarak University…
Read MoreThe sacco offers very competitive loan products which are tailored to be pocket friendly and not strain the member when repaying back. The loan products are categorized as follows:
Normal Loan is processed within 3 days. Application can be submitted at any working days of the week. Interest rate of 12% on reducing balance. Maximum repayment period is up to 72 months.
Repayment period of up to 72 months
Interest rate of 12% on reducing balance
Processing fee of 0.5% of the principal loan payable once.
Maximum amount granted is Sh. 1.5 million.
Amount granted is determined by the deposits (three times the deposits)
Processing period of up to 3 working days.
Requests can be submitted at any working day of the week.
Features of the Education loans include; The loan is processed twice a month subject to the availability of funds, Maximum loan Sh. 300,000, Interest rate of 12% on reducing balance, Maximum repayment period of 12 months.
Emergency loan features include; the loan is processed on any working day, maximum loan Sh. 300,000, Interest rate of 12% on reducing balance, Maximum repayment period of 12 months
Our success is a result of teamwork and building upon our technical expertise and creative style providing a full-service solution to our clients. Kabarak University Sacco is managed by an elected management committee and an elected Supervisory committee. All members of the Sacco enjoy equal voting rights – one member one vote – irrespective of their shareholding.
CHAIRMAN Mr. Jonathan Boswony VICE-CHAIRMAN Mr. Paul Rono SECRETARYMs. Caroline Olali TREASURERMr. Ezekiel Chemase DIRECTORMr. Timothy Sawe DIRECTORMr. Levi Mabonga DIRECTOR Ruth Oginga DIRECTORMr. Gideon Langat DIRECTORMr. William Mundui
We inculcate a savings culture among our members as well as provide members with the opportunity to access loans to develop and improve their economic and social status.
Learn More
General Enquiry:
info@kabaraksacco.co.ke
Talk to us:
0745 57 57 67
Private Bag 20157, Kabarak.