Our Products

KARIBU LOAN  

Our Karibu loan is available for day one old members giving them a sneak peek of what we have to offer.

Features 

  • At least 1 month share and deposit contribution. 

  • Available to members from day 1 to -90 days of membership.

  • 1 month loan repayment

  • Maximum loan limit is Ksh 2,000

JIOKOE LOAN  

Our Jiokoe loan is a quick and accessible and is acquired through mobile money within 24 Hrs.  

Features

  • Maximum of up to 70% of share capital.

  • Accessible after three months.

  • Loan repayment period is 1 month.

JIOKOE KIKUNDI  

Our Jiokoe kikundi loan is tailor made for chamas. It is flexible and accessible through mobile money within 24 Hrs. 

Features

  • All Solar Rays group members

    Fully registered group members paid 2000/-

  • MUST have signed an MOU with Solar Rays

  • At least 3 months contribution

    Max. amount is 90% of share capital of individual member

  • 1 month repayment period

    5% processing fee

QUICK CASH LOAN  

Our quick cash salary loan is suitable for all our members who save mainly through check off. Members can have an advance of their salaries to sort out cash deficits.

Features

  • Loan of a maximum of 2x members savings 

  • One month repayment period 

  • For salaried members

  • Maximum loan limit of up to Ksh 100,000

EC LOAN  

Our EC loan specifically targets d.light Experience Centers.We have a product specifically for our Experience Centre agents who may pick up the loan and restock their shops with more product .

Features 

  • Only for d.light Solar compliant EC’s

  • 1 Month share and deposit contribution subject to a minimum of Ksh. 5,000      respectively

  •  Loan recommendation by RBM is a must

  •  At least 2 Guarantors  

SACCO ADVANCE LOAN  

Our Sacco advance loan is one of our products that requires no guarantors at all, one may withdraw their savings with a maximum of up to Ksh100,000. 

Features 

  • Completed 3 months’ membership contribution 

  • Non-Salaried must have been in business operations for 6 months.

  • Same day loan processing 

  • Loan repayment period of 1 month

SOKO CHAP CHAP  

One of the easiest mobile loan to apply. Daily savings gives one a niche of acquiring the mobile loan which has a maximum loan limit of 5x savings . This loan is tailored to boost your business when need be. Soko Chap Chap is available after 14 days of membership too!

Features 

  • Must have CONSISTENTLY contributed a minimum of Ksh 50 on a daily basis for a period of 14 to 30 days.

  • Available to members from day 31 of membership 

  • 25 days loan repayment period.

  • Maximum loanamount Ksh. 10,000 (3x member contribution) on the 14th day.

  • Maximum loan amount Ksh. 10,000 (5x member contribution) on the 30th day.

TABLE BANKING  

A loan product that is suitable for all current and upcoming entrepreneurs. This loan enables you and your group to access a maximum loan limit that is 5x savings. 

Features 

  • Group registration fee: Ksh 1,000( Max Ksh 200 per person)  

  • Individual registration fee: Ksh 500

  • Eligible to borrow after 2 months of savings.

  • Interest rate is 1.5% flat rate.

SCHOOL FEES LOAN    

 Our school fees loan ensures that your dreams and your child’s dreams need not halt because of minor inconveniences.

Features 

  • Completed 6 months’ membership contribution

  • Provide signed and verified fees structure

  • At least 3 guarantors

  • Up to 3X your savings to a Max. of Ksh.300,000 

  • Loan disbursement is via RGTS to school account or cheque

EASTER HOLIDAY LOAN

Our Easter holiday Available to all members on Easter holiday. Enjoy amazing holiday getaways with family and friends.

Features 

  • Fully paid Sacco member

  • Consistently contributed 3 months contribution

  • shares (1500) and deposits (3000/-)

    Maximum amount of up to 2X your savings

  • At least 3 guarantors Partnered with Bonfire adventures, Palbina &

    African legend Safaris

  • Interest rate charged is 2% on flat rate

  • Loan payment period of up to 6 months 

DECEMBER HOLIDAY LOAN 

Our December holiday loan ensures you enjoy the gifts of life by relishing fabulous holiday getaways, with packages from our proud partners give our members amazing offers around the country and the globe at large.

Features 

  • Completed 3 months membership contribution

  • Signed and verified pro forma invoice from hotel/tour company.

  • Partnered with Bonfire adventures and deals valid up to 22nd December 2020

  • 3 months target savings

  • Maximum of up to 2X savings

  • At least 3 guarantors

SOKO CHAP CHAP 

 A loan product that targets daily savings from as low as Ksh50 daily, It is a mobile based loan that is available from day 14 of consistent savings.

Features 

  • Must have consistently contributed a minimum of Ksh 50 on a daily basis for a period of 14 and 30 days.

  • Available to members from day 31 of membership

  • 25 days loan repayment period.

  • Maximum amount of Ksh 10,000.

  • Maximum 3x member contribution for 14 days savers

  • Maximum 5x member contribution for 30 days savers.

TABLE BANKING 

A loan product that is available for current and new entrepreneurs. This loan enables you and your group to access a loan limit of up to 5x savings.

Features 

  • Group registration fee: Ksh 1,000(Max Ksh 200 per person)

  • Individual registration fee: Ksh 500.

  • COMPULSORY savings of Ksh 350 per week.

  • Eligibility to borrow starts after 2 months of savings..

  • Interest rate is 1.5% p.m flat rate.

SMARTIKA LOAN

Our Smartika loan is tailored to improve your home look. We have strategic partners that will ensure that you buy valuable and quality assets that will get to serve you in the long run.

Features

  •  Product maximum of up to Ksh. 100,000/=

  • 1 month loan repayment

  •  Competitive interest rates

SHORT TERM DEVELOPMENT LOAN

 Our short term development loan is designed to finance our members development needs, we ensure that projects go on without any mishaps.

Features 

  • At least 3 guarantors

  • Maximum loan amount is 3X savings

  •  Loan repayment period is 24 months


SMARTIKA NA D.LIGHT

Being the largest stockist of d.light products, our members can get financing for solar powered lighting solutions through our smartika na d.light loan and repay it in monthly installments.

Features

  • Maximum amount is based on product price and availability 

  • 3 guarantors required as security for the loan

  • Interest rate charged 

IPF MOTOR VEHICLE

Available to members from day one. Up to 10 months loan repayment.

Features

  • Available to members from day one of membership.

  • At least one month share and deposit contribution subjected to a minimum of Ksh 1,000 respectively.

  • Up to 10 months loan repayment

  • Interest rates of 3.75 % p.m. flat rate.

IPF NHIF

Available to members from day one. Up to 10 months loan repayment.

Features

  • Available to members from day one of membership.

  • At least one month share and deposit contribution subjected to a minimum of Ksh 1,000 respectively.

  • Up to 10 months loan repayment duration.

  • Interest rates of 1% p.m. flat rate.

IPF BODABODA

Available to members from day one. Up to 10 months loan repayment.

Features

  •  Available to members from day ONE of membership.

  • Member of a registered BodaBoda Association at Sub-County or community level already signed up by SRES.

  • At least one month share and deposit contribution subjected to a minimum of Ksh 1,000 respectively

  • Up to 10 months loan repayment duration.

  • Interest rates of 1% p.m. flat rate.

MAISHA LOAN

Our Maisha Loan is perfectly fitted to serve the long term projects. Enjoy a low interest rate with up to 3 year repayment period.

Features 

  • Interest rate of 1% p.m on a reducing balance 

  • Minimum loan limit is Ksh 2million 

  • 3 guarantors required as security for the loan 


BODA BODA LOAN 

 Owning a motorcycle should be hustle free and we made this product with our clients in mind. Be it a motorcycle for business or simply owning one for traveling with style, our partnership with Kibo will leave you riding in style.

Features 

  • Completed 3 months membership contribution

  • Non-Salaried must have been in business operations , at least 3 months

  • Up to 12 months loan repayment period 

BENEVOLENT FUND 

A voluntary monthly contribution of Ksh 150 per each member monthly gives a cover of up to 8 family members. In the event that any of the riders die, the contributor is given a total of Ksh50,000 to cushion for burial fee.

GPA COVER

Group Personal Accidental cover is a benefit plan that guarantees members financial compensation when by accident any member suffers injury, disability or dies while at work.

  • Fully paid up Sacco members can access the cover 24/7.

APA LOAN

Our Smartika loan is tailored to improve your home look. We have strategic partners that will ensure that you buy valuable and quality assets that will get to serve you in the long run.

Features

  •  Product maximum of up to Ksh. 100,000/=

  • 1 month loan repayment

  •  Competitive interest rates

BENEVOLENT

 Our short term development loan is designed to finance our members development needs, we ensure that projects go on without any mishaps.

Features 

  • At least 3 guarantors

  • Maximum loan amount is 3X savings

  •  Loan repayment period is 24 months


APA LOAN

Our Smartika loan is tailored to improve your home look. We have strategic partners that will ensure that you buy valuable and quality assets that will get to serve you in the long run.

Features

  •  Product maximum of up to Ksh. 100,000/=

  • 1 month loan repayment

  •  Competitive interest rates

BENEVOLENT

 Our short term development loan is designed to finance our members development needs, we ensure that projects go on without any mishaps.

Features 

  • At least 3 guarantors

  • Maximum loan amount is 3X savings

  •  Loan repayment period is 24 months


DECEMBER HOLIDAY LOAN 

Our holiday loan ensures you enjoy the gifts of life by relishing fabulous holiday getaways, with packages from our proud partners give our members amazing offers around the country and the globe at large.

Features 

  • Completed 3 months membership contribution

  • Signed and verified pro forma invoice from hotel/tour company.

  • Partnered with Bonfire adventures and deals valid up to 22nd December 2020

  • 3 months target savings

  • Maximum of up to 2X savings

  • At least 3 guarantors

EASTER HOLIDAY LOAN 

Our holiday loan ensures you enjoy the gifts of life by relishing fabulous holiday getaways, with packages from our proud partners give our members amazing offers around the country and the globe at large.

Features 

  • Completed 3 months membership contribution

  • Signed and verified pro forma invoice from hotel/tour company.

  • Partnered with Bonfire adventures and deals valid up to 22nd December 2020

  • 3 months target savings

  • Maximum of up to 2X savings

  • At least 3 guarantors

SCHOOL FEES LOAN 

 Our school fees loan ensures that your dreams and your child’s dreams need not to halt because of minor inconveniences.

Features 

  • Completed 6 months’ membership contribution

  • Provide signed and verified fees structure

  • At least 3 guarantors

  • Up to 3X your savings to a Max. of Ksh.300,000 

  • Loan disbursement is via RGTS to school account or cheque


DECEMBER HOLIDAY LOAN 

Our holiday loan ensures you enjoy the gifts of life by relishing fabulous holiday getaways, with packages from our proud partners give our members amazing offers around the country and the globe at large.

Features 

  • Completed 3 months membership contribution

  • Signed and verified pro forma invoice from hotel/tour company.

  • Partnered with Bonfire adventures and deals valid up to 22nd December 2020

  • 3 months target savings

  • Maximum of up to 2X savings

  • At least 3 guarantors

EASTER HOLIDAY LOAN 

Our holiday loan ensures you enjoy the gifts of life by relishing fabulous holiday getaways, with packages from our proud partners give our members amazing offers around the country and the globe at large.

Features 

  • Completed 3 months membership contribution

  • Signed and verified pro forma invoice from hotel/tour company.

  • Partnered with Bonfire adventures and deals valid up to 22nd December 2020

  • 3 months target savings

  • Maximum of up to 2X savings

  • At least 3 guarantors

SCHOOL FEES LOAN 

 Our school fees loan ensures that your dreams and your child’s dreams need not to halt because of minor inconveniences.

Features 

  • Completed 6 months’ membership contribution

  • Provide signed and verified fees structure

  • At least 3 guarantors

  • Up to 3X your savings to a Max. of Ksh.300,000 

  • Loan disbursement is via RGTS to school account or cheque


GPA 

Group Personal Accidental cover is a benefit plan that guarantees members financial compensation when by accident any member suffers injury, disability or dies while at work. Fully paid up Sacco members can access the cover 24/7.

BENEVOLENT FUND 

A voluntary monthly contribution of Ksh 150 per each member monthly gives a cover of up to 8 family members. In the event that any of the riders die, the contributor is given a total of Ksh50,000 to cushion for burial fee.