Unaitas offers the best loans with low interest rates.The Sacco provides Long and short term loans to members.
LONG TERM LOANS
- Development Loan
- Maono Group Loan
- Biashara Loan
- Project Loan
- Asset Finance Loan
SHORT TERM LOANS
- Inuka Loan
- Kilimo Poa Advance
- Salary Advance
- Business Quick Fix
- Mo-Cash
- School Fees
LONG TERM LOANS
Development Loan
This is an all-purpose loan facility advanced to all Members planning to make improvements on or fund an investment.
Features
- Have maintained an active account with Unaitas.
- Loan term is up to 3 years.
- Provide security. Security options include:
- Land Titles or Allotment Letters
- Listed stocks at the NSE.
- Paid up insurance policies.
- Certified fixed deposits
- Movable assets acceptable as security by the Sacco.
Requirements
- You need to be a Sacco member.
- A duly completed loans application form.
Maono Group Loan
As a group or Chama looking to finance your big dream aimed a common target, this loan facility is ideal just for those plans.
Features
- Loan upto a maximum of 4 years
- Chargeable Security
- Loan Security Deposit
- Group or Company Savings Account
Benefits
- Low interest rates
- There is co-guarantor ship if borrowing as group members
- Flexible repayment terms
Biashara Loan
Designed to help expand and boost your business, the Unaitas Business Loan makes your business plans a reality.
Features
- Loan term of up to 3 years.
- Loan amount dependent on ability
- Lending in accordance with Sacco lending policy
- Loan security fund with 10% exemption based on security pledged
- Flexible repayment frequency
Requirements
- Be a Unaitas member.
- A duly completed loans application form.
- 3 months active account operation or verifiable statement from previous bank.
Project Loan
Are you a group pursuing a common project or an individual involved in a project? This facility is designed to help groups or individuals meet their project objectives.
Features
- The use of the funds to meet the minimum criteria as per the policy definition of what constitutes a project.
- Loan term is up to five years depending on the nature of the project.
- It must be secured
Requirements
- You need to be a Sacco member.
- A duly completed loans application form
Benefits
- As our member, you will be able to realize your projects without strain.
- Members health insurance
- Three months grace period
- Flexible repayment options
Asset Finance Loan
Get the deal you deserve at a rate you can trust, and acquire that asset you want with speed and ease, at more flexible terms.
Features
- Financing age as per Unaitas asset finance schedule
- Imported assets of upto 12 years
- Loan term of up to three years.
- upto 80% financing
- Asset used as security
Requirements
- Be Unaitas member.
- A duly completed loans application form.
SHORT TERM LOANS
Inuka Loan
Against a definite expected income (money received on a regular basis from work/investment), you can secure an advance loan on it.
Features
- Up to 6 months loan targeting all Sacco members to finance emerging members needs based on market realities
- Loan offered against definite expected income stream. Seasonal lump sums e.g. mini and main tea bonus, pensions among others.
Benefits
- Flexible borrowing options
- The application process is short and simple
Requirements
- You need to be a Sacco member
- Confirm expected lump sum income to be channelled through the Sacco
Kilimo Poa Advance
Members can secure a loan against proceeds from cash crops (tea, coffee, etc.) or animal produce (dairy, poultry, etc.) that are channelled through Unaitas.
Features
- Loan term is up to 6 months.
- Loan security options:
- 1-2 Guarantors depending on Loan amount.
- Guarantors must be Sacco members.
- Application form attested by a commissioner of oaths at a fee where applicable.
- Refinancing (Express Advance) allowed during loan term.
Benefits
- Flexible borrowing options
- The application process is short and simple
- Refinancing during the loan period is allowed
Requirements
- You need to be a Unaitas member
- Confirmed proof that proceeds are channelled through the Unaitas.
- Your proceeds pay slip for the latest month where applicable.
- A duly completed loans application form.
Salary Advance
This is a short-term loan for members who channel their salaries through the Sacco.
Features
- Short-term loan targeting members on employment and whose salaries are channeled through the Sacco.
- Loan amount is dependent on borrower’s salary.
- Loan term of 1- 6 months.
- Monthly repayment.
- Check off system where applicable.
Benefits
- Flexible borrowing options
- The application process is short and simple.
Requirements
- You need to be a Sacco member.
- Confirmed proof that salary is channeled through the Sacco.
- Original current pay slip for the latest month.
- A duly Completed loans application form
Business Quick Fix
This is top up advance for members who already have business loan.
Features
- Advance for business people
- Up-to-date Existing Business Development loan
- Unsecured Advance
- Loan term up to 4 months
- Monthly/daily repayment frequency
- No LSF required
Benefits
- Flexible borrowing options.
- The application process is short and simple.
- Unsecured Advance
- Flexible repayments
- Interest on reducing balance
Requirements
- Be a Unaitas member.
- A duly Completed loans application form
Mo-Cash
It is a loan that you get via your mobile harsh by dialling *493#. The is for all SACCO members against proceeds from cash deposit and a credit scoring appraisal
Features
- Loan term is upto 1 months
- Prequalified through mobile payment usage
- Maximum qualification of upto Kes 10,000
- Account operation with Unaitas
Benefits
- Enable one to address school tuition needs.
- Accessible on mobile phone
- Flexible repayments
Requirements
- Be a Unaitas member.
- Application via a Unaitas registered mobile number
School Fees
Loan meant to meet our customer’s short-term needs of paying school fees.
Features
- Low interest rate
- Repayment period of 1 year
- Flexible Security
Benefits
- Enable one to address school tuition needs.
- Accessible on mobile phone
- Payable directly to the academic institution
- Loan limit depend on ones ability
Requirements
- Be a Unaitas member.
- A duly Completed loans application form