Super Golden Loan Super Golden Loan
The product is meant for all salaried members (existing and on boarding) ranging from TSC, civil servants, county government employees, and private firms’ employees e.g KTDA etc.
The product is delivered at a competitive interest rates with an enhanced TAT.
This facility is beneficial for salaried members.
Loan Term
Upto 96 months
Business Loan Enterprise loan
The enterprise loan products are created to help business fraternity meet their business needs.
Loan amount qualification depends on your monthly income and no grace period.
Mixed collateral will be required to demonstrate your good faith and include household chattels, business stock and machinery, and other conventional securities (Land – registered and non-registered; Motor Vehicles etc.)
Eligibility
One must be operating a legal licensed business for a period of not less than 6 months
One must have operated a Fortune Sacco account for at least 3 months
The business should be in existence for a period of 6 month
Loan Term
Upto 36 months
Benefits
- You’ll have a flexible repayment period
- You can access the loan if you’re a Fortune Sacco member with an existing business
- Your loan is processed and disbursed fast
- You can use flexible and mixed collaterals for this loan
- You can access it easily
- Can be secured using Jiinue or zidisha shares
Eligibility
One must have an active account
One must have a source of income
The acquired asset will be taken as security for the loan
Financing is done up to 70%
The borrower should be able to raise 30% of the value of asset
Very flexible interest rates
Eligibility
One must have a legally licensed business
One must be a member of fortune Sacco for a period of at least three months
Eligibility
Two guarantors with equal or higher production
One must be a member of fortune Sacco for a period of at least three months
Insurance cover is available covering livestock with affordable yearly paid premiums
Eligibility
Must have valid certified group certificate
Must have group constitution aligning with fortune group policy
Group must be banking at fortune at least 8 weeks
Group must at least min 5 people
Group members co-guarantee each other
Accessible to all groups
Group members be undertaking economic activity
Zidisha Loans Zidisha Loans
This loan facility is available to all members with Zidisha shares including salaried members of fortune Sacco, business persons, farmers etc.
The higher the Zidisha shares the higher the loan amount of interest 1.12% per month on reducing balance.
It has 4 times multiplier unsecured loan and 6 times secured (logbook or title deed)
Eligibility
Must have Zidisha Shares
Must be an active Fortune Sacco account holder for at least 3 months
Fortune E-Cash Loan Mobile Loans
This is a mobile phone credit facility available to all fortune Sacco members who are registered on our mobile banking platform. It has the following features;
- To qualify for the loan one must be an active fortune Sacco savings account
- No guarantors needed
- Immediate disbursement
- No need of visiting the branch
- Auto approval
- One must not be listed in the CRB
- Own zidisha or backoffice savings