Ethical Partnerships for Progress

  +254 746 111 888   1st Floor, Nginyo Towers,Koinange /Moktar Dadah Street

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Salary Advance

Salary Advance - Empowering Your Financial Flexibility

Welcome to Crescent Takaful Sacco’s Salary Advance program, designed to provide short-term financing solutions that cater to your immediate needs. With a maximum repayment period of 12 months, our Salary Advance is ideal for managing consumable household items and recurrent expenditures, including school fees, planting, holidays, and more.

Key Features:

Financing

Financing

Minimum Advance: Ksh. 50,000

Maximum Advance: Ksh. 500,000

Income Ratio

Income Ratio

Up to 5x the net monthly salary, ensuring a flexible and tailored approach to your financial capacity.

Profit Rate

Profit Rate

12% p.a on a flat-rate basis, providing transparent and predictable terms for your financial planning.

Repayent Period

Repayent Period

Maximum 12 months, allowing you to manage repayments within a comfortable timeframe

Documentation Fee

Documentation Fee

Ksh. 5,000 flat, irrespective of the financing amount, ensuring simplicity in the application process.

Contribution Rate

Contribution Rate

Our Contribution: Up to 90% of the asset value or facility amount.

Member Contribution: Up to 30% of the asset value or facility amount, promoting a collaborative approach.

Why Choose Crescent Takaful Sacco's Salary Advance?

  • Tailored Financing: Customize your advance based on your financial needs, with a range from Ksh. 50,000 to Ksh. 500,000.
  • Flexible Repayment: Enjoy a repayment period of up to 12 months, providing convenience and ease of managing your finances.
  • Competitive Profit Rate: Benefit from an expected profit rate of 12% p.a on a flat-rate basis, ensuring fair and transparent terms.
  • Low Documentation Fee: A flat fee of Kes. 5,000 simplifies the application process, making it accessible for all members.

How To Apply ?

  1. Log in to your Crescent Takaful Sacco Website.
  2. Download and fill the Salary  Advance Finance application Form.
  3. Send the form to corprate@crescentsacco.com

At Crescent Takaful Sacco, we stand by you in every financial situation. Apply for our Emergency Advance and experience the support you can count on.

For inquiries or assistance, please contact our dedicated support team at 0746 111 888

 Note: Terms and conditions apply. Salary Advance is subject to eligibility criteria and approval.