Provision of loans to its members is the main business of RUSHERE SACCO and it is what is demanded most by its members. Since its inception RUSSO’s operations, a market research was done.

  • Should be a member with Rushere SACCO

  • Should have operated an ordinary savings account for at least 3 months

  • Collateral Securities, 2 guarantors Bank and home guarantors (where applicable), spouse consent (if applicable)

  • Should be in areas of our operation.

  • Interest rate is 3% per month calculated on reducing balance method.

  • Loan period of 1 months to 24 months.

  • Interest rate is 3% per month calculated on reducing balance method.

  • Minimum amount of 100,000 and maximum of 50,000,000 for individuals

⦁ Commercial houses
⦁ Personal/Residential
The minimum loan amount is 500.000/= and maximum is 50.000.000/= the loan period for this product is 12 to 24 months. Interest rate is 3% per month on reducing balance basis.
It is attached to shares at a ratio of 1:10/=