List of Best SACCOs in plot financing in Kenya
Buying a plot may require one to go an extra mile to raise the money required for the investment.
As such, knowing a good financial institution that can extend a loan facility to enable you buy the property is a fulfilling experience. Equally, identifying a reliable land-selling company that accepts plot financing by SACCOs like AMCCO Properties Limited is crucial.
In this article, we look at some of the best Savings and Credit Cooperative Organizations (SACCOs) when it comes to plot financing.
1. Stima SACCO
Stima SACCO is a well-established SACCO primarily serving employees in the energy sector. However, it has thousands of clients from other sectors of the economy.Stima Sacco has garnered a strong reputation for providing a wide range of financial products, including plot financing.The Sacco offers some of the most competitive interest rates in the market, making it affordable for members to finance their plot purchases.It provides flexible repayment terms tailored to suit the financial capabilities of its members. This flexibility helps members manage their finances better while repaying their loans.
2. Mhasibu SACCO
Mhasibu SACCO was initially formed to serve professionals in the accounting field but has since opened its doors to other members. It is known for its prudent financial management and member-centric services.It offers specialized loan products for plot financing, designed to meet the specific needs of its members.The SACCO provides plot loans at low-interest rates, making it easier for members to finance their land purchases without a heavy financial burden.
3. Kenya Police SACCO
Kenya Police SACCO was primarily designed to serve members of the Kenya Police Force and their families, but has thousands of members of the public.It is renowned for its reliability and commitment to the welfare of its members.The SACCO also offers reliable financial support and advisory services, helping members navigate the process of purchasing and financing plots.
4. Harambee SACCO
Harambee SACCO is one of Kenya’s largest and most established SACCOs, primarily serving government employees. It has a long history of providing reliable financial services, including plot financing.It offers competitive interest rates on plot financing loans, making land purchases more affordable for its members
5. Waumini SACCO
Waumini SACCO primarily serves Catholics but is open to other members. It focuses on member welfare and community development, providing a wide range of financial services, including plot financing.It is deeply rooted in community values, ensuring that its services, including plot financing, are designed to benefit its members and their communities.
6. Safaricom SACCO
Safaricom SACCO was primarily for Safaricom employees but has since expanded its membership to include other people. It is known for its innovative financial solutions and strong member support.The SACCO is known for its innovative approach to financial products, offering tailored plot financing solutions that meet the diverse needs of its members. It provides plot financing at low-interest rates, making it an attractive option for members looking to invest in land.
7. Mwalimu National SACCO
Mwalimu National SACCO is one of the largest SACCOs in Kenya, primarily serving teachers and employees in the education sector. It is well-regarded for its strong financial stability and member-centric services.Members can access high loan limits for plot financing, enabling them to invest in prime locations and larger plots of land.
These SACCOs offer a variety of plot financing options to suit different needs, whether you're purchasing land for residential, commercial, or agricultural purposes. It's essential to compare the terms, interest rates, and additional services offered by each bank to find the best fit for your needs.It is equally important to identify real estate firms that accept bank financing without subjecting clients to unnecessary demands and bureaucratic procedures.
AMCCO Properties Limited is a trusted partner that accepts bank financing to give clients a variety of payment options when buying land.
For more information, contact AMCCO Properties Limited today via 0701 293 199.
You can also take advantage of the company’s newly launched VR services and enjoy the breathtaking view of all the properties on sale from the comfort of your couch. All you need is to follow this link https://virtual.amccopropertiesltd.co.ke/
