Products

Tembo Sacco

Products

Jijenge Loan

  1. One can qualify up to Ksh 3,000,000
  2. Repayment period up to 60 months
  3. Interest rate 1.5% per month on a reducing balance
  4. Minimum of 3 guarantors who should be members of the Sacco and must cover the whole loan.
  5. Loan requests are processed same day

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Products

Jienjoy Loan

  1. Maximum that one can qualify for at any one time is Ksh 100,000
  2. Interest rate 12% per month on a reducing balance
  3. Repayment period up to 1 month.
  4. Self-guarantor ship is allowed
  5. Loan requests are processed same day

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Tembo Sacco
Tembo Sacco

Products

Emergency Loan

  1. Maximum that one can qualify for at any one time is Ksh 300,000.
  2. Interest rate 1% per month on a reducing balance.
  3. Repayment period up to 24 months.
  4. Minimum of 3 guarantors who should be members of the Sacco and must cover the whole loan.
  5. Loan requests are processed same day.
  6. No top ups allowed.

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Products

Express Loan

  1. Maximum that one can qualify for at any one time is Ksh 200,000
  2. Interest rate 5% per month on a reducing balance
  3. Repayment period up to 36 months
  4. Minimum of 3 guarantors who should be members of the Sacco and must cover the whole loan.
  5. Loan requests are processed same day

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Tembo Sacco
Tembo Sacco

Products

M-Tembo Loan

  1. This loan is instant and is applied using the mobile platform
  2. One must be registered on the M-Tembo platform.
  3. Maximum amount Ksh 50,000
  4. Interest rate 6% p.m
  5. Repayment 1 month

Products

Maramoja Loan

  1. Maximum that one can qualify for at any one time is Ksh 100,000.
  2. Interest rate 2.5% per month on a reducing balance.
  3. Repayment period up to 12 months.
  4. Loan requests are processed same day.
  5. No guarantors required.

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Tembo Sacco
Tembo Sacco

Products

FOSA Savings Account

  1. Minimum account balance Ksh 1,000
  2. Minimum interest earning balance Ksh 5,000
  3. Attracts interest at a rate of 4% per annum credited end of the year
  4. Funds accessible through ATM
  5. Ideal for emergency savings
  6. The account is opened automatically when one joins the Sacco

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Products

Salary Account

  1. Minimum account balance Ksh 100
  2. Funds accessible through ATM and Mobile
  3. Ideal for salaried members

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Tembo Sacco
Tembo Sacco

Products

Hekima Account

  1. Savings it through check off, cash deposit or cheque deposit
  2. Minimum account balance Ksh 1,000
  3. Minimum interest earning balance Ksh 10,000
  4. Attracts interest at a rate of 7% Per annum credited end of the year
  5. Withdrawals limited to 3 times a year
  6. No access to ATM
  7. Ideal for savings for School Fees, Holiday and other special occasions / special items

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Products

Tembo Junior Savings

  1. Targets juniors below 18 years
  2. Minimum monthly contribution ksh.500
  3. Earns interest at 8% P.A
  4. Withdrawals limited to 3 times a year

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Tembo Sacco