| Brief description | Harambee Sacco is a Sacco that focuses its membership on government institutions and parastatals; National Government County Governments Government Parastatals – KWS, KFS, KIRDI, NEMA Constitutional Bodies – IEBC, KHRC, KMC, Government Departments Kenya Defense Forces National Police Service National Youth Service. It has also opened its doors to the private sector with membership approval provided by the Board. Read more; |
| Product | Jipambe Asset Loan |
| Interest rate | - Interest rate at 10% of the advance amount, recovered upfront
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| Duration | Maximum repayment period of 12 months |
| Ceiling amount | Min: KES 5,000 Max: 4 times of members net pay subject to maximum of KES 100,000 |
| Requirements | - Salary processed through FOSA for two consecutive months 2
- Current pay slips Must have been a member for at least 2 months
- Processing fee of 1% of the advance recovered upfront
- Loan Application Form
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| Product | FOSA Share boost Loan |
| Interest rate | 14% p.a |
| Duration | Repayment of Up to 60mths |
| Ceiling | A member qualifies for half the amount of their deposits Max: KES 1,000,000 |
| Requirements | - 20% commission charged on share boost granted. Share boost loan is recovered upfront from loan granted. One (1) share boost loan per year
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| Product | Development Loan |
| Interest rate | 1% interest rate per month on reducing balance |
| Duration | Loan is repayable within the requested period, but not exceeding 48 months |
| Ceiling | Maximum of 3 times the members savings |
| Product | Emergency Loan |
| Interest rate | 1% interest rate per month on reducing balance |
| Duration | Repayment period of up to 12 months |
| Ceiling | Max: KES 100,000 |
| Requirements | - Members not required to attach any supporting document
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| Product | School/college fees and loan refinancing |
| Brief description | Features Loan attracts Top Up Loan now available for School Fees Loan |
| Interest rate | 1% interest rate per month on reducing balance |
| Duration | - Repayment period: Up to 12 months
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| Ceiling | Loan limit depends on the member's ability to repay |
| Product | Jisaidie Loan |
| Interest rate | 1.25% per month interest on reducing balance 1% processing fee levied (max of kes 7,000) |
| Duration | Maximum repayment period of 60 and 72 months |
| Ceiling | 4 times member savings |
| Product | Karibu Loan |
| Brief description | Product designed to help new members who have little savings to access cash easily. Features:. No maximum amount |
| Interest rate | 1% per month interest rate |
| Duration | - 12 months maximum repayment period.
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| Ceiling | - Advanced at 3 times member's deposits. No maximum amount.
Share boost available on 50% of members deposits. Top-up available after repaying 50% of the loan |
| Requirements | - Processing fees KES 1,500 and maximum KES 7,000
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| Contacts | Harambee Co-operative Plaza, Ground , 1st,2nd, 3rd and 4th Floors, Haile Selassie Avenue/Uhuru Highway Round-about, P.O. Box 47815-00100(GPO), Nairobi-Kenya. Phone: +254709943000/+254709943100 Email: Website |
