The available amount depends on the product's terms and your eligibility.
Products & Services
Development Loan
Finance long-term personal development
All products and services
Loan product
Featured
Development Loan
A loan facility designed to help members meet development and major financial needs.
Finance long-term personal development
Product information is provided as a guide.
Eligibility and applicable terms must be confirmed
with EPZA SACCO.
Borrow responsibly
Understand the terms before applying.
Product overview
Understand the development loan
The Development Loan enables eligible members to access financing for development-related needs. The loan amount is based on the member’s deposits and applicable SACCO requirements.
Product category:
Development
Review the information on this page and contact EPZA SACCO if you need clarification about current product terms, eligibility or application procedures.
Loan information
Understand the key loan terms
Consider the amount available, repayment period, interest information and eligibility requirements before applying.
Confirm the applicable repayment schedule before accepting a loan.
Confirm the rate, calculation method and any applicable charges with the SACCO.
Membership, savings and repayment capacity requirements may apply.
Important loan information
The details displayed are a guide to the product. The SACCO must confirm the approved amount, interest calculation, repayment schedule, guarantees and any additional applicable charges or conditions.
Product features
What you should know
Review the main features and product-specific information provided by EPZA SACCO.
Up to three times member deposits
Repayment period of up to 60 months
Interest of 1% per month on a reducing balance
Subject to affordability and SACCO approval
Before you proceed
Check your loan eligibility
Requirements may vary according to the product and the member's circumstances. Contact the SACCO if you need clarification before proceeding.
Ask the SACCOEligibility requirements
Members who have maintained consistent savings for at least six months and meet the SACCO loan requirements.
Terms and conditions
Loan approval is subject to deposit multiples, repayment ability, the two-thirds gross salary deduction limit, qualified guarantors where required, and other applicable SACCO conditions.
Application preparation
Documents you may need
Use this list to prepare for an enquiry or application. Confirm the final documentation requirements with the SACCO.
Document checklist
Review the requirements listed for this product.
Completed loan application form
National ID or passport
KRA PIN certificate
Latest three payslips
Loan applications generally require a completed loan application form, identification, KRA PIN certificate and the three most recent payslips. Self-employed members should provide a six-month bank statement. Confirm the specific requirements for this loan.
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Need more information?
Talk to EPZA SACCO about development loan.
Get clarification on eligibility, current terms, supporting documents and the next steps.