Below are some of the more commonly asked questions that we receive on a daily basis. However, if you have a more specific enquiry please let us know.
To join Shirika SACCO, you need the following documents:
Members may include:
The following are the steps to follow:
All loans granted by the society must be guaranteed by at least three members of the society. Guarantors' and applicants shares MUST be equal to or more than the loan applied for. In special cases when loan is less/equal to shares/have not guaranteed any member, one could self-guarantee but have to state in writing.
There is a 5% interest charged on loanbalance for clearing a loan earlier than the contracted period.
All loans except normal loan for 60 months are approved weekly by Credit Committee.
If he/she doesn't have any outstanding normal or has repay previous normal loan upto half. Loan repayable in 60 months is approved once a month.
Shirika Sacco Society LTD was registered on 24th April 1969 by the founding members of the Ministry of Industrialization and Enterprise Development Department. Main Office | SHIRIKA COOP HOUSE, Kipande/Ngara Rd | P.O. BOX 43429 - 00100, Nairobi | Tel: 0724610715, 0734897817 Email: firstname.lastname@example.org, email@example.com © 2016 Shirika Sacco Society LTD. All Rights Reserved. Designed & Developed by Adzumi.