Reviews
SACCO Loans Updated: 14. 04. 2026

Harambee SACCO Loan – review 2026

4,4 / 5

Harambee SACCO is one of Kenya's oldest and largest deposit-taking SACCOs, serving civil servants employed in the national government. It offers a range of loan products including development, emergency and school fees loans at competitive rates. Harambee SACCO is regulated by SASRA and is known for its stable financial position and member governance.

Pros

  • SASRA-regulated with a long track record dating back to 1970s
  • Competitive interest rates from 12% per annum
  • Loan limits up to KES 15,000,000 for long-standing members
  • Range of loan products including emergency and school fees facilities
  • Member dividends paid consistently

Cons

  • Restricted to national government civil servants
  • Loan limit tied to accumulated share capital
  • Guarantor requirement from fellow SACCO members
  • Shares cannot be withdrawn while a loan is outstanding
  • Digital services less advanced than commercial banks

Requirements

  • Employment as a national government civil servant in Kenya
  • Active Harambee SACCO membership with share capital contributions
  • Kenyan national ID
  • Fellow member guarantors
  • Payroll deduction agreement with the employer

Company information

Name
Harambee SACCO Society Limited
Address
Anniversary Towers, University Way, P.O. Box 47815-00100, Nairobi, Kenya
Web

Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.