Hazina Sacco Loan Kenya – Eligiblilty & How to Apply

Hazina Sacco Loan Kenya – Hazina Sacco Society Limited is a premier Deposit Taking Sacco in Kenya, boasting a rich history since its establishment in 1971. Operating under the Co-operatives Societies Act (Cap 490) of Kenya’s laws, Hazina Sacco prides itself on being regulated by the Sacco Societies Regulatory Authority (SASRA). The core mission of Hazina Sacco is to foster thrift and savings among its members, thus generating a pool of funds available for lending.


Joining Hazina Sacco unlocks numerous benefits for members, enhancing both their financial stability and growth opportunities:

  • Loan Accessibility: Secure up to Ksh.30 million in loans, with amounts based on your shares and deposits, to support a range of financial needs.
  • Salary-Based Loans: Access up to Ksh.4 million in salary-based loans, designed for employees to manage unexpected expenses or significant life events.
  • Salary Advances: Benefit from salary advances for immediate financial needs, helping you manage finances between paychecks efficiently.
  • Attractive Interest Rates: Enjoy competitive interest rates on savings and dividends, ensuring your money grows alongside affordable borrowing.
  • Retirement Savings: Hazina Sacco supports your future with robust savings options for a comfortable retirement.
  • Continuous Loan Processing: Experience timely financial support thanks to a streamlined loan processing system, minimizing wait times.
  • Ownership and Growth: As a member and shareholder, you’re part of a growing community, benefiting directly from the Sacco’s success through dividends and enhanced services.

Being a member of Hazina Sacco means more than just financial services; it’s about joining a supportive community committed to your financial well-being and growth.

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To apply for a Hazina Sacco loan, follow these streamlined steps:

  • 2-month original pay-slip and a National ID copy for identity and income verification.
  • A logbook or title deed, fixed deposit/share deposit statement, KRA PIN, and a 6-month bank statement, depending on the loan’s nature and amount.
  • Understand Processing Order: Applications are processed on a first-come, first-served basis, emphasizing the importance of timely submission and adherence to requirements for efficient processing.

Adhering to these steps will help streamline your loan application process with Hazina Sacco, setting you up for a potential successful loan acquisition.

Interest Rates

  • Competitive Rate: Hazina Sacco loans feature a 1.15% monthly interest on a reducing balance, lowering the interest cost as you repay the principal.
  • Loan Multiplicity: Borrow up to 6 times your deposit amount, offering significant access to funds and enhancing your financial leverage.
  • Repayment Flexibility: Enjoy up to 96 months (8 years) to repay your loan, providing a manageable schedule and reducing monthly payment pressure.

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How to Apply for a Loan

Applying for a loan with Hazina Sacco is designed to be straightforward and user-friendly, ensuring that members can access financial services with ease. Here are the steps and options available for loan application:

Hazina App

  • Digital Application: For a more comprehensive and guided application process,Download the Hazina App is your go-to option. Steps include:
    1. Open the Hazina App on your smartphone or tablet.
    2. Navigate to the loans section.
    3. Select e-loans.
    4. Follow the prompts to fill out and submit your loan application.

The app provides a seamless experience, allowing you to apply for a loan anytime, anywhere, with just a few taps on your device.

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M-Pesa Payments

For convenient loan repayments, Hazina Sacco offers a streamlined M-Pesa option:

  • Simple Process: To make a payment, select Lipa na Mpesa on your mobile device, then enter the business number 850436.
  • Identification: Use your ID number followed by the specific product code as the account number. This unique combination ensures your payment is accurately applied to your loan.
  • Further Assistance: For a comprehensive list of product codes and detailed instructions, Hazina Sacco encourages members to visit their official website. This resource provides all the necessary information to facilitate hassle-free repayments through M-Pesa.

This method highlights Hazina Sacco’s commitment to offering convenient and accessible loan repayment options for its members.


In conclusion, Hazina Sacco offers a comprehensive and user-friendly loan service tailored to meet the diverse financial needs of its members. From competitive interest rates and flexible repayment options to straightforward loan application processes, Hazina Sacco stands out as a reliable financial partner. The ability to borrow up to six times one’s deposits, coupled with the convenience of repaying loans over as long as 96 months, ensures members can manage their finances effectively without undue stress

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