Mbatian Sacco
Key Services
Savings, Loans, and Financial Solutions tailored to your needs
Savings Plans
Grow your funds securely with competitive returns and flexible terms that fit your goals.
Loan Services
Affordable, flexible loans to support personal, business, and emergency needs.
Financial Solutions
Innovative products tailored to enhance financial stability and help you achieve your goals.
Savings Products
We provide secure savings solutions and affordable credit tailored to our members needs. Below is a summary you can review and customize.
Secure Savings Plans
Flexible options to build your financial future
Secure Savings Plans
Flexible options to build your financial future
Member Savings
Description: A flexible savings account for all members to build a strong financial base.
Benefits: Earn dividends, easy deposits and withdrawals, safe and secure.
Eligibility: Open to all registered members.
Requirements
a) One passport size photos
b) Copy of personal ID
c) Minimum monthly contribution is Kshs. 4,000
d) Next of Kin/ Nominee ID copy
e) Kshs. 1000 membership fee (payable once)
f) Kshs 5,000 share capital (Payable once)
g) KRA Pin Certificate.
Jipange Savings
Description: A simple account for consistent saving to build financial discipline.
Benefits:, encourages consistent saving.
Eligibility: Open to all members and non-members
Requirements
a) Be a member of Mbatian Sacco
b) Minimum monthly contribution is Kshs. 200
c) Kshs. 500 Account opening (payable once)
d) Withdrawable 4 times a year
Group Savings
Description: This is an account opened by members of a group
Benefits: Competitive returns, secure, encourages long-term planning.
Eligibility: Open to registered groups, welfares,chamas etc
Requirements
a) Copy of National Identity Card or passport of all members
b) One passport size colored photographs of all members
c) Registration Certificate and constitution
d) Minutes of the meeting held by the group approving the opening of the account
e) Signed list of all members
f) Kshs. 3000 membership fee (payable once)
g) Kshs 10,000 share capital (Payable once)
h) Monthly contribution of Ksh. 5,000
i) KRA Pin Certificate
j) Dividends earned at the end of every financial year.
Loan Products
Affordable Loan Solutions
Flexible loans for personal, business, and education needs
Development Loan
Description: Long or medium-term financing for personal development and investments.
Benefits: Competitive rates, flexible repayment terms.
Eligibility: Active membership, minimum savings and shares as per policy.
Terms and Conditions
a) Loan granted should be 3 times the member’s deposits.
b) Secured by guarantors and collaterals
c) The maximum repayment period is 36 months.
d) Competitive interest rate
e) Minimum guarantors are 4
f) All legal fees, valuation fees and other transaction charges shall be borne by the applicant
Emergency Loan
Description: Short-term financing to address urgent personal or family needs.
Benefits: Fast processing, flexible terms.
Eligibility: Active membership and minimum savings as per policy.
Terms and Conditions
a) Loan granted should be 3 times the member’s deposits.
b) Secured by guarantors
c) The maximum repayment period is 12 months.
d) Competitive interest rate
e) Minimum guarantors are 3
f) Support documents must be attached
Educational Loan
Description: Financing to support members' education needs or their dependents.
Benefits: Flexible repayment aligned with school terms.
Eligibility: Active membership and minimum savings as per policy.
Terms and Conditions
a) Loan granted should be 3 times the member’s deposits.
b) Secured by guarantors
c) The maximum repayment period is 12 months.
d) Competitive interest rate
e) Minimum guarantors are 3
f) Fee structure must be attached and cheques addressed to respective institutions
Short term Loan
Description: Working capital and growth financing for micro, small, and medium enterprises.
Benefits: Competitive rates, flexible terms, business-friendly assessment.
Eligibility: Active membership, viable business, and savings history.
Terms and Conditions
a) Loan granted should be 3 times the member’s deposits.
b) Secured by guarantors
c) The maximum repayment period is 6 months.
d) Competitive interest rate
e) Minimum guarantors are 3
Advance Loan
Description: Financing to support members' financial need.
Benefits: Payable within one month.
Eligibility: This is a product for the salaried members
Terms and Condition
a) No guarantors required
b) Competitive interest rate.
c) Maximum repayment period 1 month
Biashara Loan
Description: Financing to support members' business
Benefits: Flexible repayment.
Eligibility: Active membership and minimum savings as per policy.
Terms and Conditions
a) Loan granted should be 3 times the member’s deposits.
b) Secured by guarantors and business permit
c) The maximum repayment period is 12 months.
d) Competitive interest rate
e) Minimum guarantors are 3
Other Products
Household Financing
Description: Financing to support members' financial need.
Benefits: Payable within 15 months.
Eligibility: All active members
Terms and Condition
a) Maximum amount is Kshs. 100,000
b) Security shall be member’s savings, guarantors and household items
c) Competitive interest rate.
d) Maximum repayment period 15 month
e) Payments addressed to respective supplier
Gas refill and shopping vouchers
Description: Financing to support members' financial need.
Benefits: Payable within one month.
Eligibility: All members
Terms and Condition
Gas refill
a) Competitive interest rate.
b) Maximum repayment period 1 month
c) Vouchers collected from the office
Shopping vouchers
d) Maximum amount is Kshs. 5,000
e) No guarantors required
f) Competitive interest rate.
g) Maximum repayment period 1 month
h) Vouchers collected from the office
Electronic gadget financing
Description: Financing to support members' financial need.
Benefits: Payable within 6 months
Eligibility: This is a product for the salaried members
Terms and Condition
a) Maximum amount is Kshs. 50,000
b) Security shall be member’s savings
c) Competitive interest rate.
d) Maximum repayment period 6 month
e) Payments addressed to respective supplier