Yes, you read that right—we offer loans at 0% interest. Part of being financially empowered is having a culture of savings and that’s what we offer through 0% loans. Be it for school fees, buying a car, planning a trip, or even joining our housing and property schemes, 0% loans is what you need. Commit to saving and receive your loan, subject to a 5% admin fee.
To get a 0% loan, you will need to:
- Become a SACCO member and pay the requisite joining fee ($30), admin fee ($2/month) and a minimum of 10 shares for $100 ($10/share).
- Tell us how much you’d like to borrow and the repayment period you can commit to either by emailing in**@ew******.org or calling/Whatsapping Emma at +263779626129. You may be required to buy more shares
- Once approved, you will be required to make a number of prepayments before you can receive your lump sum.
- On receiving the lump sum, you need to pay a 5% admin fee on the disbursed amount.
- Make use of your lump sum and finish off the required installments,
