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:

500,000 and belowZero waiting period
500,001 to 2 Million30 days
Above 2 Million60 days

Have a question about our loans?

Loan product inquiry