Amref Sacco’s mobile loan, Karibu M-Cash, lends up to KSh 50,000 with no paperwork or guarantors through USSD *276*30#. It charges a one-off 7.5% on KSh 20,000 or less (repaid within 60 days) and 8.5% on KSh 20,001 to KSh 50,000 (repaid within 90 days). For bigger amounts, the Instant Pesa loan gives up to KSh 200,000 over 10 months for a one-off 6% to 7%. The main BOSA loans cost 1% a month on a reducing balance and lend up to 3.5 times your deposits. These terms come from the Sacco’s official product brochure, published in 2023 for its 40th anniversary and still online when we checked on October 31, 2026. Rates may have changed since then, so confirm them with the Sacco before you borrow.
Karibu M-Cash mobile loan
| Amount | Interest (one-off) | Max repayment |
|---|---|---|
| Up to KSh 20,000 | 7.5% | 60 days |
| KSh 20,001 – 50,000 | 8.5% | 90 days |
Your limit starts at KSh 20,000 and rises in steps (KSh 30,000, 40,000, then 50,000) as you build a repayment history. To apply, download the mobile banking form from amrefsacco.org and register. Then dial *276*30#, choose option 1 (Karibu M-Cash Loan) and type the word “mobile” as the loan type. If you default, you are barred from all short-term loans for 6 months.
Other quick loans
- Instant Pesa: up to KSh 200,000, depending on deposits, over up to 10 months. The one-off charge is 6% up to KSh 150,000 and 7% above that. No guarantors are needed, and amounts up to KSh 150,000 are paid through M-Pesa.
- Salary Advance: up to your salary limit, repaid in one month, for a fixed 3% one-off charge. No guarantors.
- Dividend Advance: up to 50% of expected dividends or interest, available from December to March. It costs 6% one-off for December applications and 5% from January to March.
- Insurance Financing: with CIC Insurance for motor, medical, home, business and personal accident cover, repaid over up to 6 months. No guarantors are needed below KSh 50,000.
Amref Sacco BOSA loans
| Loan | Limit | Interest (reducing) | Max period |
|---|---|---|---|
| Normal Loan | 3.5x deposits | 1% a month | 72 months |
| Property Loan | 3x deposits | 1% a month | Not legible in brochure |
| Emergency Loan | 3.5x deposits | 1% a month | 12 months |
| School Fees (primary/secondary) | 3.5x deposits | 1% a month | 12 months |
| Higher Education Loan | 3.5x deposits | 1% a month | 24 months |
| Jipambe Merchandise Loan | As per quote | 1% a month | 12 months |
| Car Loan | KSh 5m (3x deposits), up to 80% of value | 1.5% a month | 36 months |
| Shamba Loan (AHDC plots) | 3.5x deposits; 70% after 30% deposit | 1.5% a month | 60 months |
| Miliki Mortgage | KSh 10m (4x deposits) | 1.25% a month | 120 months |
Emergency loans of KSh 50,000 or less need no supporting documents. Cars must be no older than 10 years. The Bridging Finance Loan combines your existing loans into one, for a 5% one-off charge on the amount bridged. The Deposit Boosting Loan tops up your deposits so you qualify for more, also for a one-off 5%.
Mobile loan vs BOSA loan: the real cost
Here is our own estimate, not a Sacco quote. Borrowing KSh 50,000 on Karibu M-Cash costs KSh 4,250 for up to 90 days. The same amount as an Emergency Loan at 1% a month over 3 months costs about KSh 1,000 in interest. Use the mobile loan for speed, but turn to a BOSA loan when you can wait for approval. Our reducing-balance calculator guide shows how to work out the figures.
Who can join Amref Sacco
According to the brochure, staff of NGOs, companies and other formal organisations can join on check-off (minimum 10 staff), as can individuals referred by an active member. Joining costs a KSh 2,000 entrance fee and at least KSh 30,000 in share capital (payable in up to six KSh 5,000 instalments), plus at least KSh 2,000 a month in deposits. Amref Sacco was registered in 1983 and licensed by SASRA in July 2021. Compare it with other Saccos in our Sacco loan comparison.
Frequently asked questions
What is the Amref Sacco USSD code?
*276*30#, according to the Sacco’s brochure.
How much can I borrow on the Amref Sacco mobile loan?
Up to KSh 50,000, starting at KSh 20,000 and rising with your repayment history.
Does the Amref Sacco mobile loan need guarantors?
No. Karibu M-Cash and Instant Pesa need no guarantors or paperwork.
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