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TAI SACCO S. No SOCIETY LIMITED P.O. BOX 71800216, GITHUNGURI Branch:. Date:. BUSINESS LOANS APPLICATION FORM (PLEASE COMPLETE THIS FORM IN BLOCK CAPITAL LETTERS) TICK WHERE APPROPRIATE BASHAR ASSET
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How to fill out tai sacco loans:

01
Gather all necessary information and documents, such as identification, proof of income, and bank statements.
02
Visit the tai sacco website or the nearest branch to obtain a loan application form.
03
Carefully fill out the application form, providing accurate and complete information about yourself, employment, and financial situation.
04
Attach any required documents to the application form, ensuring they are legible and up to date.
05
Review the completed application form and attached documents for any errors or missing information.
06
Submit the application form and documents to the tai sacco either in person or through their online submission system, following their specific instructions.
07
Await a response from tai sacco regarding the loan application, which may include further documentation requirements or an approval/denial decision.
08
If approved, carefully read and understand the loan agreement before signing it.
09
Fulfill any additional requirements or conditions set by tai sacco to receive the loan funds.
10
Repay the loan according to the specified terms and conditions agreed upon.

Who needs tai sacco loans:

01
Individuals who require financial assistance to start or expand a business.
02
People in need of funds for education or training purposes.
03
Individuals facing unexpected expenses or emergencies, such as medical bills or home repairs.
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Those looking to consolidate high-interest debt into a more manageable payment.
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Individuals who wish to make a large purchase, such as a vehicle or real estate, and need assistance with the financing.
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In case you are wondering how much it cost to register a SACCO in Kenya, well you have to pay an application fee of three thousand shillings.
To join the Sacco one needs to; Complete Membership Application Form. Completed Nominee Declaration and Tai Sacco Indemnity Form. Attach copy of Kenyan National Identity Card or Valid Kenyan Passport. Attach coloured passport size photograph.. Copy of KRA PIN Number.
Must have been a member of the Sacco for at least three months. Must have a regular source of income to support loan repayment (salary, business, farming etc.) Must provide security to for the loan applied for such as guarantors, logbooks, title deeds etc.
Steps Dial *645# and select E-loan option, follow the simple and friendly step by step procedure. The requested amount is credited on your Mpesa account.
Completed Nominee Declaration and Tai Sacco Indemnity Form Full Names. Email. email. Phone Number. KRA Pin Number. FIlled Nominee and Idemnity Form. cloud_uploadUpload. Attach filled Account opening Form. Attach coloured passport size photograph. Attach copies of Kenyan National Identity Card or Valid Kenyan Passport.
Joint and groups registering with the SACCO pay an upfront registration fee of Ksh. 500, like individuals and provide a share capital of Ksh. 1,000.

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Tai sacco loans are financial products offered by savings and credit cooperative organizations (SACCOs) that allow members to borrow money based on their savings or shares in the cooperative.
Members of the SACCO who wish to access loans are required to file tai sacco loans, provided they meet the eligibility criteria set by the cooperative.
To fill out tai sacco loans, members typically need to provide personal details, loan amount requested, purpose of the loan, and any necessary documentation as required by the SACCO.
The purpose of tai sacco loans is to provide financial assistance to members for various needs such as business expansion, personal emergencies, education, and other investments.
The information that must be reported on tai sacco loans includes personal identification details, loan amount, purpose, repayment plan, and the member's savings balance.
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