5 articles tagged “Saccos”

Taqwa SACCO's 10% reducing-balance asset finance and dividends against Gulf African's published Mudarabah rate and KDIC cover: joining costs, how financing works, SASRA versus CBK, and who fits where.

What you need for a Taqwa SACCO loan: membership fees, three months of FOSA activity, savings multiples, collateral, the five financing products with limits and tenors, and the 10% reducing rate it prints.

Crescent Takaful Sacco names the Shari'ah contract on every product and prints its expected profit bands, but it is not on SASRA's 2026 licensed list. What it sells, what it costs and who should join.
Founded 1998, SASRA-licensed, and one of very few Kenyan institutions printing a halal financing rate: 10% per annum reducing. The full member's guide to Taqwa.
One Islamic SACCO holds a SASRA deposit-taking licence; the other is registered with the Commissioner of Co-operatives and nothing more. The full honest comparison.