Unlock the door to your aspirations with Taqwa SACCO’s Shariah-Compliant Asset Finance. Tailored to cater to a spectrum of needs, our financing extends up to Kes. 5 million for diverse assets including motor vehicles, plots/land, construction, working capital, and more. With a repayment tenure of up to 60 months and a competitive profit rate of 10% p.a. on a reducing balance, we empower you to achieve your goals while adhering to ethical financial principles.
The maximum repayment tenure for financing secured with a log book as collateral is 36 months.
FOSA Facility Requirements
- Duly filled facility application form
- Notarized Sale Agreement or Letter of Offer for sale
- Copy of security (usually title deed or logbook)
- Certified copy of pay slip for the last 3 months or M-pesa or Bank statement if self-employed
- Certified copy of ID/Password
- Copy of KRA PIN Certificate
- 2 recent color passport-size photographs
- An active member of the SACCO for at least 3 months
- At least one(1) Share Capital
Join our community for a seamless application process, competitive terms, and the support you need to bring your ambitions to life with Taqwa SACCO.
Empowering dreams, preserving values.