School Fees Loan

This product is for the purpose of paying School fee only.


  1. The Member MUST attach fees structure/s on the application form.
  2. The SACCO may issue Banker’s Cheques in favor of the School indicated.
  3. School fees Loans are repaid within a period of 12 CALENDER months.
  4. The SACCO charges an interest of 1.25% per month on reducing balance.
  5. The product does not have the upper limit but it’s determined by the member’s ability to repay
  6. An insurance fee of 1% shall be charged on the Loan amount approved.
  7. Form fee of ksh 50 will be charged on all loan products which may change from time to time.
© 2020 Fundilima Sacco Society. All Rights Reserved.

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