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Loan Account

Borrow against your savings history for the furniture, the land, or the next step in your plans.

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Y-Save offers loans to help members fund the things that matter — furniture, land, further study, a business opportunity or an emergency. Loans are available only to existing account holders, at a reasonable rate of 18% per annum (1.5% a month, on a reducing balance), with disbursement of up to 80% of the security offered.

Loan categories

Agriculture Loan

For members growing or funding agricultural projects — production, processing, marketing or new machinery.

Business Loan

Financing for business growth and performance, for small and medium businesses, with supporting documentation required.

Contract Financing Loan

A cash advance against work you're contracted to perform, repayable within 6 months.

Personal Loan

Short-term financing for personal needs, also repayable within 6 months.

Property Loan

For buying land, building a home, or acquiring machinery — aimed at improving long-term welfare.

Features

  • Available only to Y-Save account holders.
  • Interest of 18% PA (1.5% per month), calculated on a reducing balance.
  • Disbursement of up to 80% of the security provided.
  • Security can be your savings, shares, a guarantor's savings or shares, or assets such as a land title.

Not sure this is the right fit?

Tell us what you're saving for and we'll recommend the right combination of accounts.

Talk to an advisor