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

The minimum loan for the above two products is 1,000.000/= while the maximum is 30.000.000/=. The loan period for this product is 12 months.
The institution meets construction and equipment costs.
costs involved is the loan amount that is given to a client.
It is attached to shares at a ratio of 1:10/=
No Grace period is given on this product.
This loan is also attached to shares at a ratio of 1:10/=