This is a short-term loan for members who channel their
salaries through PS Kenya and PSI payrolls.

1. The applicant will access the amount up to the net salary.

2. Payable in 3 months at an interest rate of 2.5%.

3. 1/3 rule on salary take home applies.

4. No guarantors required and available within 48hours.

This is an all-purpose loan facility advanced to all
Members for improvement, development or investment.
Best for first-time borrowers who are looking into a long-
term loan. Product features are;

1. Maximum loan amount of Kshs. 5.5M.

2. The maximum entitlement is 3.5 times the total deposits.

3. Maximum repayment period of 72 months.

4. An interest rate of 1% per month on reducing balance.

5. The deadline for submission of application form is the 25th of every month.

This product is designed to assist members meet urgent
financial obligations e.g. school fees, medical bills, and
other unforeseen circumstances. Product features are;

1. Maximum loan amount of Kshs. 500,000.

2. The maximum entitlement is 3.5 times the total deposits.

3. Maximum repayment period of 12 months.

4. An interest rate of 1% per month on a reducing balance.

5. The duly completed loan application form shall be expected to reach the Sacco any working day duringthe month.

The purpose of the loan is to enable members to meet their
educational needs.

1. Granted to any member-only once a year.

2. The loan application must be supported by a fee structure.

3. The cheque shall be payable to the Institution unless a reason to the contrary is provided in writing.

4. Maximum repayment period of 12 months.

5. The interest rate of 1% on reducing balance.

The loan is intended to help members acquire furniture,
electronics and carry out minor improvements to their
homes and/or houses.

1. Maximum loan amount of Kshs. 200,000.

2. The maximum entitlement is 3.5 times the total deposits.

3. Maximum repayment period of 24 months.

4. An interest rate of 2% per month on a reducing balance.

The loan is available to Sacco members who have not yet
achieved 6 months of membership to qualify for other
loans. Product features are;

1. Maximum loan amount of Kshs. 100,000.

2. The maximum entitlement is 3.5 times the total deposits.

3. Maximum repayment period of 12 months.

4. The interest rate of 3% per month on a reducing balance.

5. The duly completed loan application form shall be expected to reach the Sacco any working day during the month.

This loan allows SACCO members and PS Kenya staff to
purchase items from specific dealers at discounted prices.

1. Loan payable in twelve (12) months at an interest rate of 2.5%.

2. The loan is applicable for items on offer only.

3. The loan will require guarantors who are members of Kinga SACCO.

This loan gives a member a chance to replace the existing
previous loan/s under different terms. Product features are;

1. Maximum loan amount of Kshs. 5.5M.

2. The maximum entitlement is 3.5 times the total deposits.

3. Maximum repayment period of 48 months.

4. An interest rate of 1% per month on a reducing balance.

5. Disbursement is done net of previous loan/s balance/s.

6. The deadline for submission of application form is the 25th of every month.

This loan mainly targets a member with existing loan/s but
has the ability to borrow more. Product features are;

1. Maximum loan amount of Kshs. 5.5M.

2. The maximum entitlement is 3.5 times the total deposits.

3. Maximum repayment period of 36 months.

4. An interest rate of 1% per month on a reducing

5. The deadline for submission of application form is the 25th of every month.