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.
Active FOSA Account: Members must have an active FOSA account with Taqwa SACCO for a minimum of 3 months, demonstrating a commitment to our community.
Repayment Capability: Applicants should showcase the capability to repay the loan. This is assessed based on payslips or bank statements, ensuring a responsible and sustainable financial commitment.
Collateral Requirement: To secure your asset financing, members are required to provide collateral such as a logbook or title deed, offering a secure foundation for your financial aspirations.
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.