Shamba Loan
Enables a member to acquire plots being sold by AHDC (a subsidiary of Amref Sacco).
• New members must have saved continuously for 6 months.
• Loan financing is subject to 3.5 times deposit multiplier.
• A member can also pay to AHDC at least 30% deposit of the property they intend to acquire and obtain 70% financing through Shamba loan.
• Interest charged: 1.5 % per month on a reducing balance.
• Maximum repayment period: 60 months.
• Loan security: AHDC title deed.
External Lumpsum Deposits Waiting Periods
A member who wishes to top up a lump sum amount to their member deposits account with the intention of borrowing a loan will be subject to the following waiting periods:
| LUMPSUM AMOUNT (KES) | WAITING PERIOD |
| 500,000 and below | Zero waiting period |
| 500,001 to 2 Million | 30 days |
| Above 2 Million | 60 days |
