Mon - Fri 08:00-16:00 0719212730 / 0715557848
Mon - Fri 08:00-16:00 0719212730 / 0715557848
Licensed by SASRA
Trusted By
29,000 Customers
Jan 1 1999
Join Us
Dimkes Sacco Ltd > Loans > Chama Loan

Chama Loan


Features and requirements of Group loans:

  • Group must be registered with the relevant authority
  • Membership of shall be between 10 to 50 members
  • Minimum monthly savings of 2000/=
  • Group shall provide minutes authorizing the procurement of loan facility which shall be stamped and certified by half the group members and the Oversight Ministry.
  • Loans to be guaranteed by all the group members.
  • Group must have saved for a minimum of six months.
  • Groups will also qualify for asset finance.
  • Interest rates of as low as 1.25% p.m. reducing balance
  • Finance periods of up to 36 months with the duration being fixed at the beginning of the loan facility.
  • The loan will attract a 1% processing fee plus an excise duty of 10% of the processing fee.
  • All legal Fees/Costs shall be borne by the applicant.

N/B: for both these loan all other policies that in regards to Loans, Shares and savings are to remain constant.

Our Services

wnload the pdf file of latest update for this service.

Need Help ?

Please feel free to contact us. We will get back to as soon as possible. Or just call us now on

0710880475 / 0711436969

Contacts Us

Share This