Loan Product
Development Loan
Fund long-term goals, property, and personal development projects.
Features
- Based on repayment ability and savings
- Amount approved is 3 times your shares
- Repayment period up to 48 months
- Interest charged on reducing balance
Eligibility
- Employee or former employee of KCB Group Kenya and an active Kencom Sacco member
- Consistent monthly share contributions
- Guarantor cover by fellow members where applicable
- Contributed to the Normal Savings Scheme for at least 6 months
Required Documents
- Completed loan application form
- Copy of national ID
- Latest payslip / income proof
- Guarantor forms
Interest Rate
1% per month on reducing balance
Apply online
Submit your application through the member portal in minutes.
Start Application Talk to a Loans Officer