Access Finance. Move Forward.
and Grow With Us
Our loan products are designed to support boda boda riders,
transport
operators, and members in achieving their goals.
Why Take a Loan With MN Transport SACCO?
Our loans are designed to support boda boda riders, transport operators and members to achieve their goals and improve their livelihoods.
Affordable Interest Rates
Competitive and fair rates for all members.
Quick Processing
Get a response within a short time.
Flexible Loan Products
Choose a loan that fits your needs.
Member Focused
We exist to support your growth.
Transparent & Reliable
Clear terms, no hidden charges.
Our Loan Products.
• Repayment Periods: Flexible options of 6 months, 1 year (12 months), 1.5 years (18 months) or 2 years (24 months).
• Security: The motorbike itself serves as the security for the loan.
• Purpose: To help members acquire their own motorcycle to build a steady income.
• Tenure: 1 to 2 months.
• Security: Suitable collateral.
• Instant one you meet requirements.
• Eligibility: Member must have paid up to 30% of their existing bike loan amount.
• Benefit: Ensures consistent income by preventing mechanical breakdowns.
• Security: Suitable collateral.
• Purpose: General development, business capital or personal needs.
• Security: Suitable collateral.
• This loan is instant as long as you meet the requirements.
• Scope: Specifically designed to support members during unforeseen road incidents.
• Support provided: covers medical emergencies and immediate vehicle repairs to restore the member’s income generating capacity as quickly as possible.
• Security: Suitable collateral.
• Maximum limit: 3,000,000.
• Borrowing Capacity: up to 3 times share capital and 2 times savings.
• Eligibility: must have paid at least 30% of the current bike loan amount.
• Security: Suitable collateral.
• Mortgaging: We offer flexible mortgaging where the land title serves as security for the loan.
• SACCO Support: The SACCO assists in the legal verification of land titles to protect the member’s investment during the purpose proc.
