- Office park Westlands, Waiyaki Way, Westlands
- (+254) 20 3900000
- Info[at]blueaglesacco.co.ke
loan Products that we offer
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Nyumbani Loan
a) Repayable over 48 months.
b) Loan fully secured by guarantees.
c) Top-Up eligible after 6 months repayment.
d) Application fees 1 % of the amount applied, maximum loan application fee Kes. 3,000.
e) Minimum KES 100,000/-.
f) Maximum 3X deposit contribution.
g) 12% p.a.
h) Minimum take home amount KES 100,000/-.
Wezesha Loan
a) Maximum loan amount ksh 200,000 or as may be determined from time to time.
b) Repayment term 12 months or as may be determined from time to time.
c) The interest rate 2% per month on reducing balance or as may be determined from time to time.
d) Top up eligibility after 6 months repayment, Minimum take home amount ksh 50,000 or as may be determined from time to time.
Karibu Loan
a) Repayment term shall be 3 months or as may be determined from time to time.
b) The interest rate shall be 1.5 % per month on reducing balance or as may be determined from time to time.
c) no top up
Okoa Salo Loan
a) Repayment term shall be one off.
b) Limit 50% of member net salary
c) Maximum amount up to total members share contribution.
d) The interest rate shall be 10 %
Holiday Advance
a) Last repayment month shall be November of each year.
b) Maximum limit 12 times members monthly holiday contribution
c) The interest rate shall be 10% monthly
Masomo Superior Loan
a) Repayment term will be 12 months.
b) Must be supported by a certified fee structure.
c) Maximum amount ksh 500,000.
d) The interest rate shall be 1% per month on reducing balance or as shall be determined by the BOD from time to time.
e) The total of all outstanding loans, Nyumbani, Wezesha, karibu, Masomo superior loan and Okoa Salo must not exceed three times a member’s deposit.
