Set up by common friends specialized in different professions in 2018; Rockwell Consortium Sacco was established to enhance individual capacity and support the journey to financial freedom. The Sacco seeks to be a fore runner in providing members with affordable instant financial solutions and an alternative income source to help common friends.
The main objective is to safeguard membership of the Sacco by providing an opportunity to save funds and obtain loans for provident and productive purposes. Over the years the society has diversified its activities and services in its endeavor to satisfy member’s demands, which includes an online platform and quick access to loans and advances.
Members are eligible for all types of facilities after three months of regular monthly contributions
LOAN CATEGORY | LOAN MAXIMUM | No. of Times of Members Savings | Interest Rate | Other Charges | TAT | Max Period of Repayment |
---|---|---|---|---|---|---|
My Life | 1,000,000 | 3 | 12% pa | 1% + 1% + 150 | 4 days | 12 months |
Heart Beat | 50,000 | 1.5 | 5% pm | - | 24 hours | 30 days |
My Friend | 500,000 | 3 | 3% pm | 1% + 1% + 150 | 4 days | 6 months |
Asset Finance Vehicle/Land | 2,000,000 | 3 | 15% | - + 1% + [Varies] | 30 days | 4 years |
Lantana Road, Westlands
Mon to Fri 9am to 6pm
Send us your query anytime!