How can I apply for a loan through SaccoLink and what are the key requirements?

Introduction

This guide explains how SACCO members in Kenya can apply for a loan through the SaccoLink platform. You'll learn the key requirements and a clear step-by-step process to submit your loan application efficiently using the SaccoLink web portal.

Prerequisites for Loan Application

Before applying for a loan on SaccoLink, ensure you meet the following key requirements set by your SACCO:

• You have an active savings account in good standing with your SACCO.
• Provide valid and current identification documents as required by your SACCO.
• Have met the minimum membership duration set by your SACCO to qualify for loans.
• Be prepared to specify guarantors according to your SACCO’s guidelines.

Step-by-Step Loan Application Process on SaccoLink

Follow the steps below to apply for a loan via the SaccoLink platform:

1. Log in to your member account on the SaccoLink web portal at https://saccolink.com
2. Navigate to the

   'Loans' section

   and select

   'Apply for a Loan'.

3. Complete the online application form by entering the loan amount, purpose, and desired repayment duration carefully.
4. Provide all required supporting documents including valid ID and guarantor details as requested.
5. Review the information you have entered, then submit the application.
6. Wait for your SACCO to review your application. You will receive the decision via your preferred communication channel such as email, SMS, WhatsApp, or phone call.

Need Help? Contact SaccoLink Support

If you need assistance during the loan application process or have questions about requirements, please reach out to SaccoLink’s support team. We are here to help you through:

• Email: [Insert SaccoLink support email]
• Phone: [Insert SaccoLink support phone number]
• WhatsApp: [Insert SaccoLink WhatsApp contact]

Additional Resources

For more information on managing your loans, guarantor requirements, and payment processing, visit the SaccoLink knowledge base and user guides at https://saccolink.com/.