Savings Secured Loans (Preserve hard-earned savings – borrow against your wealth instead of spending it.)
DID YOU KNOW?
GET UPTO 50% INSTALLMENT INTEREST DISCOUNT UPON EARLY SETTLEMENT*
To assist our members, when a personal loan is opened after 25th March 2020, loan installments settled early would attract up to 50% interest discount.
At a Glance
It can take a long time to build up your savings and a short time to spend it. With Savings-Secured Loans, you can use your savings as collateral, borrow at economical rates, and keep your savings intact.
Benefits
Preserve your hard-earned savings – use your savings as collateral, borrow at economical
Borrow against – your MOMBO Sacco Savings Account balance.
Rebuild your credit – repaying a Savings-Secured Loan on time can help you rebuild your credit.
AS LOW AS
8% APR
RATINGS
4.5 / 5 stars
MAXIMUM TERM
48 Months
MOMBO Sacco Care Program
* In response to the COVID-19 outbreak and as part of the MOMBO Sacco Cares Program, for Savings Secured Loans opened after 25th March 2020, and until further notice, MOMBO is offering the option to take advantage of up to 50% interest discount on all installments settled early.
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