Mwalimu National SACCO Loans: Latest Interest Rates, Loan Calculator & Repayments
Mwalimu National DT SACCO (MNS) provides a diverse range of loan products tailored for teachers and education sector professionals, categorized mainly into BOSA (Back Office Service Activity), FOSA (Front Office Service Activity), and Business loans.
Also read: Mwalimu National Sacco Loans: Types, Requirements, and Interest Rates.
BOSA (Development) Loans
Normal Loan:
The standard long-term development loan.
Super Loan:
Offers a higher multiplier for larger development needs.
[table id=54 /]
Vision Loan:
Aimed at long-term investment goals.
[table id=53 /]
Development Loan:
Features an interest rate of approximately 1.25% per month (15.5% P.A.) on a reducing balance, with repayment periods up to 60 months.
[table id=49 /]
School Fees & Emergency Loans:
Targeted at immediate welfare needs like education and unforeseen crises.
Wezesha Loan:
Designed for easy access to credit with flexible repayment terms.
[table id=52 /]
Ufanisi Loan
[table id=51 /]
FOSA (Transactional) Loans
Jawabu Loan:
A personal needs loan that can be accessed without guarantors (check-off) at competitive interest rates.
[table id=50 /]
- Fosa Instant Credit: Available in 12-month or 36-month durations for quick liquidity.
- Salary in Advance: Provides immediate cash based on the member’s expected monthly salary.
- Karibu Loan: Specifically for new members joining the SACCO to help them settle.
