DEBT CONSOLIDATION LOAN
SHORT TERM LOAN
HOME IMPROVEMENT LOAN
ACC. INCREASE / DECREASE
How do I apply for a loan?
A prescribed Loan Application form must be fully completed | A 3 months bank statement ID copy | Latest payslip | Proof of residence (not older than 3 months) All the above documents must be submitted to the SACCO office from Monday to Wednesday and once approved transfer will be made on Thursday to the members bank account.
A savings and credit co-operative owned and run by its members, offering convenient and interest bearing savings products and low cost loans. Savings and credit co-peratives (SACCOs) are authorised and regulated by the Co-operative Banks Development Agency (CBDA) and operate within a statutory framework.
SACCOs are one step for becoming fully-fledged co- operative banks which are regulated under the Co-operative Banks Act. Legally, the members of a savings and credit co-operative must have something that joins them together – the ‘common bond’ – ours is membership of NEHAWU Trade Union.
Only members, employees and institutions (e.g. NEHAWU Investment Holdings) of NEHAWU are eligible to join.