Loan eligibility – General Requirements
This is a loan product aimed at supporting members with small-to-medium scale registered legal businesses
This is an advance against a long-term loan on process. Amount granted are subject to administratively guidelines as revised from time to time. Loan is granted and repaid within a month and at a fee.
The loan facility is available for members to meet urgent needs such as sudden hospitalization, death, natural disasters, fire and robbery or any other specified reasons.
This product is intended to support our members to acquire assets of various descriptions as provided for in the collateral management policy as approved by the Board of Directors. Such assets may include Land, motor vehicle and machinery. All the assets must have verifiable legal form of ownership.
This is a loan recoverable in one month from monthly salary.
This is a member loan recoverable in Twelve (12) month, Eligibility pegged on FOSA withdrawable deposits, savings account activity and salary
This is a loan intended to finance the acquisition of a product or a service from a credible and/ or pre-qualified supplier.
This is a member loan recoverable in Twenty Four (24) months, Eligibility pegged on FOSA withdrawable deposits, savings account activity and salary and is recoverable on monthly basis on or before end month
Loans are recoverable within three months from monthly salary.
This is a member loan meant to address development requirements for FOSA members. The loan recoverable in Forty Eight (48) months, Eligibility pegged on FOSA withdrawable deposits, savings account activity and salary and is recoverable on monthly basis on or before end month
These are the loans that are given to small and medium enterprises to support them grow their businesses.
This loan is intended to assist the members improve their standard of living through purchase of land, building of houses and any other development project.
This is a long term development loan for employees on permanent and pensionable terms intended to assist them undertake big projects; purchase of land, building of houses etc.The loan is available for a period of 84 months and eligible members MUST have non withdrawable deposits of kshs 1 Million and above.Collateral will include land title deeds, vehicle log-books and chattel mortgages shall be considered as acceptable collaterals.
The purpose of the education loan is to provide short-term finance for education of the members and their dependants in schools, colleges and universities.
Loans are recoverable within six months from monthly salary.
These are the loans that are given to welfare and registered groups engaging or seeking to engage in income generating projects that meet the approved criteria.
Bandari Sacco Building, Moi Avenue
P.O.BOX 95011-80104
Mombasa County,
Mombasa – Kenya.
KPA Inland Container Depot
Embakasi off Mombasa road
Nairobi – Kenya.
Phone: (+254)-700-192355
Mombasa Contacts
Phone :(+254) 41-2316685 / (+254)-724-002525 / 735-336685
Email : info@bandarisacco.co.ke
Swan Centre Building
Phone: (+254)-113-892773/113 711279/ 114 927495
Email : info@bandarisacco.co.ke