Short Term Loan Facilities.

With Ollin’s Personal Loans, you can get instant money for a wide range of your personal needs like renovation of your home, marriage in the family, a family holiday, your child’s education, buying a laptop, medical expenses or any other emergencies.

Types of Short Term Loan Facilities

Emergency Loan

Find Financial Security in Unforeseen Circumstances with an Emergency Loan! When unexpected events strike, this specialized loan is here to provide the financial support you need. Whether it’s hospitalization, funeral expenses, or court fines, the Emergency Loan offers a quick and convenient solution. Gain peace of mind knowing you have access to funds during critical times. Safeguard your financial well-being with an Emergency Loan at your disposal.

Features:

  • The loan is 3 times multiplier subject to 1/3 rule as per government regulations.
  • Competitive interest rate.
  • Repayment period is 12 months.
  • The loan is secured by guarantors.

Stawi Loan

Embrace Financial Freedom with Stawi Loan! This short-term mobile loan is designed based on your salary. Access quick funds conveniently and enjoy flexible repayment terms. Take control of your finances and experience the ease of Stawi Loan today!

Features:

  • Accessible through Mobile Banking: *645#
  • Payable in upto 3 installments
  • Salary based loan
  • Salary must pass through the Sacco for at least 3 consecutive months.

Education Loans

Don’t let financial barriers hinder your educational aspirations. With specialized loans for school, college, and university fees, you can access the funds you need to pursue your dreams. Enjoy flexible repayment options, competitive interest rates, and dedicated support. Empower yourself with an Education Loan and unlock the doors to a world of knowledge and opportunities.

Features:

  • The loan is 3 times multiplier subject to 1/3 rule as per government regulations.
  • Competitive interest rate.
  • Repayment period range between 12 months to 24 months.
  • The loan is secured by guarantors.
  • The loans are instant.

Fanikisha Loan

Designed for all salaried members whose income flows through the SACCO, this short-term loan offers a quick and accessible solution. Enjoy competitive interest rates, flexible repayment terms, and hassle-free application processes. Whether it’s for emergencies, investments, or personal needs, the Fanikisha Loan is your key to unlocking financial freedom. Empower your financial journey today!

Features:

  • The loan is processed the same day.
  • Competitive interest rate.
  • Repayment period of 18 months.
  • Security is guarantors.

Salary Advance Loans

Bridge the Gap between Paychecks with Salary Advance Loans! Accessible to all salaried members whose income flows through the SACCO, this loan offers a helping hand when you need it most. Enjoy quick approval, convenient repayment options, and competitive interest rates. Say goodbye to financial stress and hello to financial flexibility with Salary Advance Loans. Take control of your finances and achieve your goals with ease.

Features:

  • Repayment period is between 1 to 3 months.
  • No guarantors required.
  • Competitive interest rate.
  • Accessible via mobile banking platform *645#

Alpha Loan

Empower Your New Career Journey with the Alpha Loan! Specifically designed for newly recruited teachers and civil servants awaiting their first salary, this loan offers a financial bridge to help you transition smoothly. Access funds to meet your immediate needs, while enjoying competitive interest rates and flexible repayment options. Embrace the Alpha Loan and embark on your professional path with confidence and peace of mind.

Features:

  • The loan is processed the same day.
  • Maximum amount qualified is Ksh 200,000.
  • 40% is rolled back to the deposits.
  • Competitive interest rate.
  • Repayment period of 36 months.
  • Security is guarantors.

Business Loans

Fuel Your Business Growth with Our Sacco Business Loans! We aim to help Entrepreneurs, small business owners, and executives of large corporations who are seeking financial assistance and expert guidance for their business ventures.. Empower your entrepreneurial journey with Sacco Business Loans and unlock your business’s true potential.

Features:

  • A member saves for at least two months.
  • Repayment period of up to 60 months.
  • Competitive interest rates.
  • Loan is secured by guarantors or collateral.

Stop Gap Loan

Bridge the Gap to Your Retirement Dreams with a Stop Gap Loan! Designed for newly retired members awaiting their lump sum pension, this loan provides essential financial support during the transition. Access funds to cover immediate expenses, enjoy competitive interest rates, and flexible repayment options. Say goodbye to financial uncertainty and embrace the comfort of a Stop Gap Loan as you embark on your fulfilling retirement journey.

Features:

  • The applicant has to produce evidence that the pension will be channeled through the SACCO.
  • The applicant should have cleared all loans before retirement.
  • Maximum qualified amount is 90% of the ones deposits.
  • The loan will be recovered once the lumpsum is received.
  • Competitive interest rate.

Pamoja Loan

Empower Your Self-Help Group with the Pamoja Loan! Specifically designed for registered self-help groups with deposit accounts at the SACCO, this loan product offers financial support and growth opportunities. Access funds to expand your group’s activities, invest in income-generating projects, or address financial needs collectively. Enjoy competitive interest rates, flexible repayment terms, and the power of financial solidarity. Unleash the potential of your self-help group with the Pamoja Loan today!

Features:

  • Repayment period is 60 months.
  • The group to operate a savings account for 3 months.
  • Competitive interest rate.

Scholars Loan

Elevate Your Education with the Scholars Loan! Benefit from instant processing and competitive rates while enjoying the convenience of a checkoff loan.

Features:

  • This is a checkoff loan
  • Instant processing
  • Competitive interest rate
  • The Maximum repayment period is 24 months.
  • The loan is appraised using 1/3 basic salary rule as per government regulations
  • Secured by guarantors