GLOHA SACCO School Fees Loan.
Ease education expenses with School Fee Loans, available after 3 months of savings. Processed within 24 hours, repayable in 12 months, and with a 14% reducing balance interest rate. Members can apply up to three times annually.
Education is an investment in the future, and our School Fee Loans are designed to make it affordable:
- Eligibility: Access up to 2 times your net deposits or based on the 1/3 salary rule.
- Repayment Period: Flexible terms of up to 12 months, aligned with school terms.
- Interest Rate: 18% per annum on a reducing balance.
- Special Provision: Members can apply for up to 3 school fee loans in a 12-month period.
- Ideal For: Covering tuition fees, boarding, and other education-related expenses.
Download Loan Policy Document
Get detailed information on our loans, eligibility, and repayment terms. Learn how we provide affordable and flexible financial solutions.