Short term Loans

Tembo Sacco has a wide array of Short Term Credit products

Additional Services

Short term Loans

Tembo Sacco

Short term Loans

Jienjoy Loan

  1. Maximum that one can qualify for at any one time is Ksh 100,000
  2. Interest rate 12% per month on a reducing balance
  3. Repayment period up to 1 month.
  4. Self-guarantor ship is allowed
  5. Loan requests are processed same day

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Short term Loans

Emergency Loan

  1. Maximum that one can qualify for at any one time is Ksh 300,000.
  2. Interest rate 1% per month on a reducing balance.
  3. Repayment period up to 24 months.
  4. Minimum of 3 guarantors who should be members of the Sacco and must cover the whole loan.
  5. Loan requests are processed same day.
  6. No top ups allowed.

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Tembo Sacco
Tembo Sacco

Short term Loans

Express Loan

  1. Maximum that one can qualify for at any one time is Ksh 200,000
  2. Interest rate 5% per month on a reducing balance
  3. Repayment period up to 36 months
  4. Minimum of 3 guarantors who should be members of the Sacco and must cover the whole loan.
  5. Loan requests are processed same day

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Short term Loans

M-Tembo Loan

  1. This loan is instant and is applied using the mobile platform
  2. One must be registered on the M-Tembo platform.
  3. Maximum amount Ksh 50,000
  4. Interest rate 6% p.m
  5. Repayment 1 month
Tembo Sacco
Tembo Sacco

Short term Loans

Maramoja Loan

  1. Maximum that one can qualify for at any one time is Ksh 100,000.
  2. Interest rate 2.5% per month on a reducing balance.
  3. Repayment period up to 12 months.
  4. Loan requests are processed same day.
  5. No guarantors required.

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