Membership
What are the requirements to join?
You need to provide a valid National ID or Passport, two passport-size photos, and pay a one-time registration fee of ETB 500. You must also agree to abide by the SACCO's bylaws.
Savings & Loans
What is the maximum loan amount?
Members are generally eligible for loans up to 3 or 4 times their total savings, depending on the specific loan product and the security/collateral provided.
How long does it take to process a loan?
Emergency loans are processed within 24-48 hours. Standard development and asset loans typically take between 5 to 10 working days after complete documentation.