BY MARION WAVINYA MUTHOKA
At NRS DT SACCO, we understand that our members are continually seeking ways to grow, innovate, and invest in long-term opportunities. Whether you are expanding your business, initiating a large-scale project, or pursuing a high-value investment, access to reliable and sufficient capital is essential.
That’s why we designed the Development Loan, a tailored financing solution created to empower NRS members to scale up their ventures and achieve sustainable financial growth.
Why Choose the Development Loan?
The Development Loan offers members the opportunity to pursue large investments without financial strain. With flexible terms, competitive rates, and member-friendly requirements, this product is ideal for individuals or businesses aiming for significant financial progress.
Key Features
- Financing of up to KES 7 Million
Access substantial capital to fund expansion projects, asset acquisition, or major business improvements. - Flexible Monthly Repayment
Enjoy repayment plans that align with your cash flow, making loan servicing manageable and stress-free. - Flexible Security Requirements
Members can provide a variety of tangible securities, allowing more room to qualify for financing. - Competitive Interest Rates
benefit from affordable financing designed to support growth, not strain your finances.
Eligibility & Requirements
To qualify for the Development Loan, applicants must meet the following requirements:
- Provide tangible security to guarantee the loan.
- Be an active NRS member for at least 6 months with consistent savings.
- Submit a copy of your National ID for verification.
- Provide two coloured passport-sized photos for identification.
- Submit at least 6 months’ bank statements to demonstrate financial capacity and repayment ability.
Who Is This Loan Best Suited For?
- Entrepreneurs planning to expand existing businesses
- Members seeking capital for large-scale investments
- Individuals investing in property, equipment, or long-term assets
- Members looking to consolidate or upscale their financial ventures
Grow with Confidence
At NRS DT SACCO, we are committed to supporting our members’ financial ambitions. The Development Loan gives you the leverage to pursue big dreams and convert them into lasting success.
Visit your nearest NRS DT SACCO branch or contact us today to begin your application. Your next level of growth starts here.
