Updated 31 October 2026
Harambee DT Sacco charges between 1% and 1.25% a month on most of its BOSA loans, which are based on your savings. It lends up to 3 times savings on Development, Emergency and School Fees loans and up to 4 times on Karibu, Jisaidie, Inuka and Shamba loans, with repayment periods from 12 to 96 months. It also offers mobile loans: M-Boosta lends up to KSh 70,000 for 30 days at a flat 6%, and YOLO lends KSh 2,500 to KSh 10,000 for 7 days at 10%. All rates, limits and fees below come from Harambee Sacco’s own BOSA loan and FOSA loan pages, checked on October 31, 2026.
Harambee Sacco BOSA loan chart
| Loan | Multiplier / limit | Max period | Interest | Processing fee |
|---|---|---|---|---|
| Development Loan | 3x savings | 48 months | 1% a month, reducing balance | 1%, max KSh 5,000 |
| Emergency Loan | 3x savings, max KSh 100,000 | 12 months | 1% a month, flat | KSh 1,500 |
| School Fees Loan | 3x savings, no cap | 12 months | 1% a month, flat | KSh 1,500 |
| Karibu Loan (new members) | 4x savings | 72 months | 1.25% a month, reducing balance | 1%, max KSh 7,000 |
| Jisaidie Top-up Loan | 4x savings | 60 months | 1.15% a month, reducing balance | 1%, max KSh 5,000 |
| Inuka 84 Loan | 4x deposits | 84 months | Not stated on page | 1%, max KSh 10,000 |
| Inuka 96 Loan | 4x savings; salary must come through FOSA | 96 months | 15.5% a year, reducing balance | 1%, max KSh 10,000 |
| Shamba Loan (land purchase) | 4x BOSA deposits, max KSh 2 million (80% of price) | 48 months | 1.25% a month, reducing balance | 1%, max KSh 10,000 |
Most BOSA loans can be topped up after six months of steady repayment, with a clearance fee on the balance you top up. Several also offer a “shares boost,” which lets you add up to 50% of your deposits to raise your borrowing limit. The Shamba Loan cannot be topped up.
Harambee Sacco FOSA and mobile loans
| Loan | Amount | Period | Interest | Notes |
|---|---|---|---|---|
| Salary Advance | Up to KSh 1 million (KSh 500,000 by mobile) | 24 months | 14% a year | Salary through FOSA for at least 2 months; up to 80% of net pay can go to repayment; 1% fee; fully guaranteed |
| M-Boosta | Up to KSh 70,000 | 30 days | 6% flat | Through Harambee M-Cash; no guarantors |
| YOLO Loan | KSh 2,500 to KSh 10,000 | 7 days | 10%, deducted upfront | Needs active BOSA and FOSA accounts; no guarantors |
The FOSA menu also lists the Salary-In-Advance, M-Boosta Plus, Jisort Advance, Finje Chap Chap and Shares Boost Advance loans. The Sacco’s summary pages give no rates for these, so check in the M-Cash app or at a branch.
What these rates cost in practice
Flat and reducing-balance rates are not the same. On the 12-month Emergency Loan, 1% a month flat on KSh 100,000 works out to KSh 12,000 in interest, because it is charged on the full amount for the whole year. On the Development Loan, 1% a month on a reducing balance is charged only on what you still owe, so the total interest over 12 months would be about KSh 6,600. These figures are our own estimates using standard loan formulas, not Sacco quotes. Our Sacco loan comparison shows how Harambee compares with other big Saccos.
The 7-day YOLO loan is expensive if you use it often. Paying 10% for one week costs far more over a year than any BOSA loan, so keep it for genuine emergencies.
Which Harambee Sacco loan should you pick?
- Just joined: the Karibu Loan is open one month after joining, so you skip the usual six-month wait. Apply with your ID and your last two months’ certified payslips.
- Building or a big project: Jisaidie (60 months) or Inuka 84/96, which can also buy off expensive bank loans. Inuka 96 charges a 10% bridging commission on bank or third-party balances it clears.
- School fees: the School Fees Loan, which needs no fee structure or school letter and pays out within about two hours of approval.
- Buying farmland: the Shamba Loan, through Harambee Investment Cooperative Society (HICS). The Sacco keeps the title deed until the loan is cleared.
- Buying or building a home: see the Harambee Home Loan and Jenga Loan, fixed at 8% to 9% a year.
How to apply
Members can apply by dialling *357# on their registered phone, through the Harambee M-Cash app, on the members’ portal, or with a paper form at any FOSA branch. Shamba, Karibu and mortgage loans are applied for in person or by sending the documents to the Sacco.
Frequently asked questions
How many times my savings does Harambee Sacco lend?
Up to 3 times on Development, Emergency and School Fees loans, and up to 4 times on Karibu, Jisaidie, Inuka and Shamba loans.
What is the Harambee Sacco USSD code?
*357# from your registered mobile number.
Can I top up a Harambee Sacco loan?
Yes, on most BOSA loans after six months of consistent repayment. A clearance fee applies to the balance being topped up.
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