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Products & Services

Long Term Loan

Majani Loan

Interest: 1% p.m.

Medium-term loan that enable farmers to invest in farm development and income-stabilizing activities.

Medium-term loan that enable farmers to invest in farm development and income-stabilizing activities.

Features:

  • Qualify up to 3 times of your savings
  • Quick processing and approval
  • Competitive interest rates of as low as 1% p.m
  • Repayment period 24 Months
  • Maximum amount of Ksh 200,000
  • At least 3 guarantors subject to amount applied.
  • Be a Sacco member for 6 months
  • Meet minimum share capital of Kshs. 600
  • Channel tea proceeds through the SACCO’s FOSA account for 6 months

Loan Details

KES
Min: Ksh 5,000 Max: Ksh 30,000,000
Min: 1 months Max: 48 months
12%

Annual interest rate based on selected loan type

Results

MONTHLY PAYMENT
Ksh 0
Principal Ksh 0
Total Interest Ksh 0
Total Payable Ksh 0
Term 0 months
Guarantors 0
Frequency Monthly

Payment Schedule

Apply Now

Short Term Loan

ChaiBoost Advance Loan

Interest: 1.25% p.m.

Short-term loan that provides tea farmers with an instant boost of funds between payout periods.

Short-term loan that provides tea farmers with an instant boost of funds between payout periods.

Features:

  • Maximum repayment period of 3 months
  • Maximum limit of Kshs. 50,000
  • 3 guarantors subject to amount applied
  • Interest rate charged 1.25% pm
  • Meet minimum share capital of Kshs. 600
  • Channel tea proceeds through the SACCO’s FOSA account for 6 months

Loan Details

KES
Min: Ksh 5,000 Max: Ksh 30,000,000
Min: 1 months Max: 48 months
12%

Annual interest rate based on selected loan type

Results

MONTHLY PAYMENT
Ksh 0
Principal Ksh 0
Total Interest Ksh 0
Total Payable Ksh 0
Term 0 months
Guarantors 0
Frequency Monthly

Payment Schedule

Apply Now

Tea Bonus Advance

Interest: 10%

The advance is issued before the annual tea bonus payment.

The advance is issued before the annual tea bonus payment.

Features:

  • Maximum of 50% of projected bonus income
  • Paid off during Bonus payouts
  • Interest rate charged 10%
  • Atleast 3 guarantors
  • Meet minimum share capital of Kshs. 600
  • Channel tea proceeds through the SACCO’s FOSA account for 6 months
Apply Now

Savings Product

Education Saving Scheme (ESS)

Savings Product

Save for your future educational needs or those of your dependents.

Save for your future educational needs or those of your dependents through our dedicated Education Saving Scheme.

Learn More

Deposit Product

Burial Benevolent Fund (BBF)

Kshs 100/month

Welfare fund with Kshs 100 monthly contribution for peace of mind.

Monthly contribution of Kshs 100 with the below benefits:

  • Family refunded two times of the member contributions upon death
  • Deceased member loans are paid off
  • Funeral expenses of Kes. 40,000 upon death of the member
  • Funeral expenses of Kes. 40,000 upon death of the spouse
  • Benefits apply after 6 months of continuous contribution

Loan Details

KES
Min: Ksh 5,000 Max: Ksh 30,000,000
Min: 1 months Max: 48 months
12%

Annual interest rate based on selected loan type

Results

MONTHLY PAYMENT
Ksh 0
Principal Ksh 0
Total Interest Ksh 0
Total Payable Ksh 0
Term 0 months
Guarantors 0
Frequency Monthly

Payment Schedule

Join Now

Services

FOSA Banking Services

Front Office Services

Comprehensive banking needs including ATM cards, mobile banking, and real-time income processing.

Our FOSA provides all banking needs to our customers. Cash in member’s FOSA account is accessed over the counter, via our Sacco link ATM Visa card (linked to Cooperative), on our mobile banking USSD or PesaTele App.

Services include:

  • Majani Chai Income Processing (real-time payment of monthly Tea proceeds)
  • ATM Visa Cards (access funds in Co-operative Bank Branches/Agents)
  • Mobile Banking (PesaTele Mobile APP & USSD *882#)
  • Instant processing of salaries
  • Salary advances & overdrafts
Open Account

Ready to Apply?

Download the application form or contact us to get started. Our team is ready to guide you.