Zowe House 2nd Floor Left Wing 7:30 am - 5:00 pm
info@unsaccomw.com +265 991 104 811

Loan Provisions

We offer a wide range of loan categories tailored to meet your specific financial needs. Whether you're looking for personal loans to handle daily expenses, business loans to expand your enterprise, educational loans for academic pursuits, or home loans to make your dream home a reality, we've got you covered. Our flexible terms and competitive interest rates ensure that you can find a loan solution that works best for your unique situation. Let us help you achieve your financial goals with a loan plan that fits you perfectly

Image

Investment Pack

The pack offers bigger loan packages to assist members in big investments

Loans are disbursed based on shares

Members are allowed to get two times their share investments

Repayment period is a maximum of 24 months

Interest rate is at 4% per month

Image

Mchikumbe Anyaude

This pack is aimed at assisting members with all their farming business requirements

Maximum loan amount is MK2, 000, 000

The product may be accessed at any time

The loan repayment period is 12 months

Interest rate is at 4% per month

Image

Agri-Input Pack

This pack is aimed at assisting members with farming activities

Maximum loan amount is MK5, 000, 000

The loan repayment period is 8 months

Interest rate is at 4% per month

Image

Adhock Pack

This Loan package aims at assisting members with short term financial problems

Maximum loan amount is MK1, 000, 000

The product runs for 6 months

Interest rate is at 4% per month

Image

Mfeweko

This is a weekend loan and is only accessible on Fridays

Maximum loan amount is MK500,000

Repayment period is 3 months

Interest rate is at 3.5% per month

Image

Soft Pack

This pack helps members with fast cash for immediate emergencies

Maximum loan amount is MK500, 000

Repayment period is 1 month

Interest rate is at 7% per month

Image

Instant Pack

This is a welcoming loan to new members

Maximum loan amount is K1,000,000

Repayment period is 4 months

Interest rate is at 4% per month

Image

Event Pack

This pack caters for all the events throughout the year e.g. Valentine’s Day, Easter, Mother’s Day, Lake of Stars, Sand Festival etc.

Repayment period is 3 months

Interest rate is at 7% per month

Our Products

We Offer Savings Products For Your Needs

We offer a range of products designed to promote saving and provide credit to our members. These savings products include Shares, Ordinary Deposit and Fixed Deposit

Membership Details

Beneficiaries have to be members of the Sacco

To join, a member has to fill UN SACCO registration forms

All employees of UN systems and international NGOs in Malawi

Every member pays entrance fees of MK5, 000. This is once off payment

Out of the share contribution there is a non-redeemable share amount of K5,000

When a member exits and wants to rejoin, there is a rejoining fee of K20,000

A member contributes for a minimum of three months before accessing loans

Shares contributed constitute the basis on which the loan is calculated

Membership

Shares

Members make monthly contributions

Minimum monthly share contribution is at MK15, 000

At the end of each financial year the SACCO pays out dividends depending on the performance of the SACCO

Dividends are only paid out when the SACCO makes profits

Ordinary Deposit

This product allows its members to save money with UN SACCO

Minimum deposit contribution is at K5,000

The SACCO offers competitive interest rates

This product helps members save and grow their finances

The account operates like any other normal savings account operated by commercial banks

Fixed Deposit

This product allows its members to save money with UN SACCO on a fixed term basis

Minimum fixed contribution is at K100,000

The SACCO offers competitive interest rates

This product helps members save and grow their financess

Operates on a fixed term basis in line with member needs