We give Loans
Get a Loan
We offer business loans and asset financing loans for motorbike, motor vehicle, car wash, posho mills and any other asset as requested by our customers.
For Business loan, minimum is 20,000 and a maximum of 500,000
Asset financing minimum of 50,000 and a maximum of 500,000
For one to be eligible for financing, he or she Must;
- Be a registered member of the Sacco
- Provide two guarantors, one of them to be a spouse or a close relative. The other one to be an existing member or a person who is yet to be a member.
- Bring one copy of original ID and one coloured passport photo for the customer and for the two guarantors.
- Have a legal business or employed in a reputable organization with a steady income.
- Produce a 3 months current payslip and 6 months bank statement for employed.
- Have collaterals with double the value of the loan applied when sold at the current market price.
- Reside and operate within the boundaries of the office registered in.
Applications
The forms downloaded above are filled and returned via email address info@chaobasacco.com or sent via the Application Form alongside. For more info, you can chat us on WhatsApp given below.
