About Us

Mission and Vision

Finnlemm Sacco Mission and Vision Staetements: Our Mission Statetement is: To enhance the socio-economic well-being..      [Read More]

Who We Are

Finnlemm is a Savings and Credit Co-operative Society for the employees of Diplomatic Missions, NGOs and their affiliates.Formed.. [Read More]

Why Finnlemm

Finnlemm sacco boasts a wide range of tailored products and efficient services unmatched in the SACCO..  [Read More]

Values and Principles

Finnlemm-SACCO, like other Co-operatives, is governed under the Co-operative Societies Act CAP (490) of 1997.. [Read More]

FINNLEMM SACCO

A Leader in Financial Services

Savings Products

Finnlemm Members Deposits

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Fixed Deposit Account

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Junior Savings Account

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Finnlemm Housing Scheme

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Loan Products

Development Loan

Normal Loan

You have a home you want to construct? Purchase land or property? Then talk to us! Develop yourself and stay ahead ahead of the rest with our normal loan. With a maximum ceiling of 5,000,000 why not take advantage of this fantastic product! Finnlemms Normal loan is specifically designed to meet these needs. Further, these loans offer you the opportunity to purchase plant equipment, buildings both residential and commercial among others. Basically meeting your development needs The key requirements are as follows:

- Loans are repaid within a period of 48 months.
- Interest charged at 1 % per month on a reducing balance method.
- Granted up to a maximum of Kshs. 5,000,000.
- Loan application supported by the member’s three latest pay slip.
- Loan can be secured by either guarantors or title deeds.
- Further, Normal loans have a top up facility for members who have paid at least 2/3rd of the        initial loan.

Refinance Loan

Refinance Loan

Step up for more with our Top up facility. You can now step up for more by topping up your existing normal loan. Pay up the normal loan by at least 2/3 and you are on your way to reaching for more. Read on for more of this.
The key requirements are as follows: 

- A levy charge of 10% one off on the remaining payable interest.
- The top up amount requested is treated as a new loan and must be fully secured by guarantors    including the 1/3 loan  balance still outstanding.
- Loans are repaid within a period of 48 months.
- Interest charged at 1% per month on a reducing balance method
- Loan application supported by the members three latest pay slip
- Loan can be secured by either guarantors.

 

 

Finbefu Loan

Finbefu Loan

Looking for a quick answer to meet all your personal financial requirements?

Finbefu loans are designed to help members meet their requirements which they otherwise can not fulfill with their salary. This is an all purpose loan for your own personal use.

The key requirements are as follows:

- Finbefu loans are repaid within a period of 24 months.
- Interest rate of 1.5% per month on a reducing balance method.
- Granted up to a maximum of Kshs. 500,000.
- Other than the three latest pay-slip and guarantors, no other supporting documentation is    required from a member.
- Cheques are paid directly to the member unless otherwise advised by the member.
- Member must clear the existing loan before applying for a new Finbefu loan.

Emergency Loan

Emergency Loan  

Seeking funds for unexpected outcomes? Do not get stressed! Call us for support.
An emergency is defined as an unforeseen event or expense. Most common examples are court fines, medical illness or death within the family which is beyond a members control. With a supporting document like a medical bill you can qualify for an emergency loan to meet these expenses.

The key requirements are as follows:

- Cheque paid directly to the institutions except for death where the cheque is written in the name of the next of kin
- Emergency loans are repaid within a period of 12 months.
- Interest charged at 1% per month on reducing balance method.
- Emergency loans have a maximum of Kshs. 300,000
- Member must clear the existing loan before applying for a new emergency loan.
- Member to attach supporting documents to application form e.g medical bill, death certificate.

Education Loan

School Fees Loan

Are you looking for help with school fees planning? Funding education shouldn’t be a headache.

With supporting documents like fees structures, you can easily apply for a school fees loan for yourself/or your child. Get the best education with our help.
Save with us to meet the cost of education!

The key requirements are as follows:

- The application form must be supported by the fees structure/s.
- School fees cheques are written in favour of the learning institution.
- School fees loans are repaid within a period of 12 months.
- Interest charged at 1% per month on reducing balance method.
- No maximum granted.

For a school fees loan below Ksh50, 000, 20% of the amount applied will be loaded whereas for a school fees loan above Ksh50, 000 10% of the amount applied will be loaded for purposes of other school needs like uniform However, members must ask for this facility, it shall not be automatic.

Express Loan

Express Loan

In a fix? Need quick cash? No need to worry at all, put your mind at ease with an express loan specifically for these urgent funds. With a maximum limit of 200,000 get an express loan which is in paid in cash to get you back on track. The key requirements are as follows:

- Must be supported by the member’s three latest pay-slip.
- Proof of payment will be required for non- payroll payments.
- Repaid within a period 3 months.
- A 10 % interest one off is charged on application for the entire three months period.
- Has a maximum limit of 200,000

- Members shall only qualify for one express loan at a time.

Special/Merchandise Loan

Special Loan

We offer outstanding rates if you are looking to furnish your home with the latest electrical appliances-basically home improvement. No matter what your budget is, you can get that Samsung fridge, apple laptop, increase your farm output by applying for a special loan. All you need is to do is simply attach to the loan application form pro-forma invoices from your supplier for the goods and or services being purchased. The key requirements are as follows:

- Applicant must attach to the loan application pro-forma invoices from his/her supplier for the goods and or services being purchased.
- Upon approval, Finnlemm will write the cheque to the supplier.
- Merchandise loans are repaid within a period of 18 months.
- Interest charged at 1.25% per month on a reducing balance method.
- Limit based on the members income and paying capability.
- Member must clear the existing loan before applying for a new merchandise loan.
- Generally the loan will cover assets and services including shares so with Finnlemm you can get a piece of the NSE.

Motor Insurance

Motor Insurance Loan

Are you run down and your vehicle needs an insurance? Finnlemm is here to sort you out. We provide motor insurance for your vehicle through the Motor Insurance Loan– a strategic alliance between Finnlemm and CIC (Cooperative Insurance Company of Kenya). The Key requirements are as follows:

- All vehicles covered except for PSV vehicles.
- 7.5% of the car value is the insurance premium.
- CIC policy must be completed and attached to the loan application.
- Member must complete the loan application.
- Cheques paid directly to CIC.
- Loans repaid within a period 12months.
- This loan is granted at a 1 % interest per month on a reducing balance method.

SERVICES

We are in the business of offering savings and credit facilities to our members. We offer timely, personalized and efficient services for member satisfaction.

Service Detail

As a member, you have the opportunity of accessing a variety of our exciting loans at affordable,
attractive interest rates with..[Read More]

M-pesa Pay Bill (528400)

You can now make your monthly contribution to Finnlemm through your phone all you need to do is to follow these simple instructions..[Read More]

Membership eligibility

We welcome you to be a member here at FINNLEMM SACCO where you will access great SACCO services. A person of either sex shall be eligible for ..[Read More]

Online Calculator

Our online loan calculator helps you to calculate your monthly payments on loans you wish to access from FINNLEMM SACCO.The calculator and..[Read More]

Contact

Get in touch with us

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(+254) 722 607 983, +254 733 208 122

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P.O Box 67666 - 00200
55 Gatundu Road, Kileleshwa
Nairobi, Kenya