Turning Your Dreams into Reality, One Loan at a Time
OASIC SACCO is not just a SACCO; it’s a financial institution determined to boost your financial muscles by giving our esteemed customers affordable, flexible, and member-friendly loan products tailored to meet your needs.
Are you looking to expand your business, paying school fees, handling an emergency, or planning a personal project? Look no further; our loans give you the support you need—and trust is our middle name
With OASIC SACCO, you don’t just borrow money — you invest in your future.
Our main business is funding your dreams through affordable credit, and we do it in a way that puts you, the member first.
What Loans do we have for You?
Here are the different types of loans you can access from OASIC SACCO, designed to meet you exactly where you are.
1. Normal Loan
This is a general-purpose loan ideal for business expansion, startup capital, restocking, or any purpose development project.
such as expanding your business or restocking
The loan amount is up to 3 times your savings balance and the
interest rate is quite low (our loans are cheaper than similar
SACCO or bank loans)
Key Features
- Affordable interest rate
- Flexible repayment period of up to 36 months
- Loan amount of up to three (3) times your savings/shares
- One-month grace period (you start repaying after one month)
- Insurance cover against death and permanent disability
Emergerncy Loans
Life happens- and when id does, we’ve got your back. This loan helps you handle urgent and unexpected needs such as medical bills, accidents, school fee emergencies, or natural disasters.
Key Features
- Disbursement within 24 hours
- No security required
- No appraisal
- Quick and convenient
Asset Finance Loan (Mali Loan)
Dreaming of owning income-generating assets? We finance assets that help you grow your income and improve your livelihood.
We can buy assets for you such as:
- Cars (Probox, Sienta, Pickup, Matatu)
- Bodaboda
- Salon & business equipment (blow dryers, machines)
- Posho mills
- Industrial machinery & tractors
- Land and plots
Key Features
- Affordable interest rate
- Flexible repayment period
- One-month grace period
- Financing of up to 70–80% of the asset value
Loan Sosa (Top-Up Loan)
Even the best plans can need a boost. Loan Sosa is a top-up loan for members who already have an active loan but need additional funding before completing repayment.
Key Features
- Affordable interest rate
- Flexible repayment period
- Convenient and member-friendly
Group Loans
We advance loans to registered groups based on their collective needs, while empowering them with knowledge to grow together.
Key Features
- Free financial skills training
- Flexible weekly contributions
- Flexible loan repayment
- Affordable interest rate
Okoa Loan
This is an instant M-PESA loan designed to help you meet short-term financial needs. Funds are sent directly to your phone within minutes.
📱 Dial: *875#
📞 Helpline: 0794 541 320
Key Features
- No appraisal
- Instant access
- Affordable interest rate
Hey, Wait, That’s not all
At OASIC SACCO, we don’t just treat you as a borrower — we treat you as an investor.
Here’s how else you benefit when you join us:
Dividends
Earn handsome dividends on your deposits every year. We are proud to have received awards for paying some of the highest dividend rates in the county.
Investment Opportunities
We keep you informed about emerging investment opportunities through our forums and member engagements.
Financial Literacy
We educate you on money matters — helping you get more value from your payslip or business income and make smarter financial decisions.
Who Can Apply? — Loan Eligibility at Oasics SACCO
“Your pathway to affordable loans starts with just a few simple steps.”
Membership Requirements
- Active OASIC SACCO member
- Minimum savings period of 6 months
- No overdue or pending loan
Financial Requirements
- Loan limit based on savings and repayment capacity
- Guarantors where required
Documentation
- Duly filled loan application form
- National ID or Passport
- Recent passport photo
- Payslip or proof of income
- Business permits/records (where applicable)
Other Conditions
- Loan must fall within SACCO limits
- Commitment to repayment schedule
- Subject to credit appraisal
Your dreams matter — and we are ready to fund them.
Join OASIC SACCO today and experience affordable credit, real support, and a partnership that grows with you.
| 👥 Membership | 💰 Financial | 📑 Documentation | ⚖️ Other Condition |
|---|
| ✅ Active Oasics SACCO member ✅ Savings for at least 6 months ✅ No pending arrears | ✅ Loan limit based on savings & repayment capacity ✅ No overdue loans ✅ Guarantors where required | ✅ Filled loan application form ✅ National ID/Passport & photo ✅ Payslip / income proof ✅ Business permits/records (if applicable) | ✅ Loan within SACCO limits ✅ Commitment to repayment schedule ✅ Subject to credit appraisal |