Regular savings and share capital recorded per member, with access to credit subject to eligibility and approval under the applicable rules.
- Member shares and regular deposits
- Share and contribution records
- Member statements
Organised welfare support for qualifying cases and group savings programmes, with clear contribution records.
- Organised welfare support for qualifying cases
- Group savings programmes
- Clear contribution records
Business, development and emergency credit subject to eligibility, review and approval under the applicable lending rules.
- Business, development and emergency credit
- Reviewed and approved before disbursement
- Repayments recorded against the loan
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Which venture fits your goal?
Members may belong to more than one venture. Each keeps its own membership number, contributions and loan book.
| Feature | SACCO | Self Help Group | Credit Venture |
|---|---|---|---|
| Primary purpose | Savings and shares | Welfare and mutual support | Structured lending |
| Member ID prefix | — | — | — |
How lending works
From application to repayment
- STEP 1
Application
A member submits an application indicating the amount, purpose and repayment period.
- STEP 2
Eligibility review
The application is reviewed against the member's records and the applicable lending rules.
- STEP 3
Verification / security checks
Any required guarantor, security or supporting document requirements are checked.
- STEP 4
Approval
The application is approved, deferred or declined in line with the approved approval process.
- STEP 5
Disbursement
Approved amounts are disbursed and the repayment schedule is recorded.
- STEP 6
Repayment
Repayments are receipted and recorded against the loan account.
Each stage is carried out by authorised officers according to their assigned role and permissions.
Not sure which venture to choose?
Contact the office for guidance on the ventures, membership requirements and what each venture expects.