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“We introduce Ufanisi Loan, a product that boosts your shares to enable you qualify for your desired loan amount. For more information, click on BOSA products.”

SACCO vs Bank Loans

SACCO loans DO NOT have hidden charges but Bank loans have A LOT OF HIDDEN CHARGES besides monthly charges. Some of these charges include:

  • Insurance fee.
  • Appraisal Fee
  • Processing Fee
  • Account Maintenance Commission
  • Accrued Interest Charges (Arrears Account)
  • Late Remittance charges
  • Premature Loan Clearance charges.

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Mwalimu National

Head Office: Mwalimu Towers,
Hill Lane, Off - Mara Road, Upperhill.
Address: P.O. Box 62641 00200 Nairobi Kenya
Tel: +254 020 295 6000
Mobile:  +254 709 898 000
SMS Number: 20156
Email: mwalimu@mwalimunational.coop

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