Our Products

Cell Group Account

Cell Group Account

This account is meant for ukristo na ufanisi sacco members who form savings groups comprising of 5 to 20 people, who guarantee each other loans.

FEATURES

No collateral required, group members guarantee each other.

The total loan amount that a group member can apply for is three times their savings.

The 1st loan is is a maximum of Kshs. 300,000, which is repayable within 12 months from date of issue.

The 2nd loan is a maximum of Kshs. 1,000,000 which is payable within 24 months from the date of issue.

The 3rd loan is a maximum of Kshs. 3,000,000 which is payable within 36 months from the date of issue.

The 4th loan is a maximum of Kshs. 4,000,000 which is payable within 48 months from the date of issue.

The interest  rate is 1% per month on a reducing balance.

A grace period of 30 days is given before the 1st loan instalment is paid.

Ukristo na Ufanisi wa Angilicana Sacco

Contact Us

Riruta Head Office
ACK Emmanuel Church Riruta
Opposite Kawangware Primary School
Tel: 0720 339673
E-Mail:info@ukristonaufanisicoop.com
ukristonaufanisi@yahoo.com

Following the recent Government directive on Covid-19 we have adjusted our business operating hours as follows: Monday-Friday 8.30 AM to 4.30 PM and on Saturday 8.30 AM to 12.00 Noon