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(opens in a new tab)Umwalimu SACCO
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Go to Website (opens in a new tab)About Umwalimu SACCO
Umwalimu SACCO (Savings and Credit Cooperative) is a member-owned financial cooperative established to improve access to affordable financial services for teachers and education sector employees in Rwanda. Founded in 2006, the SACCO was created through a partnership involving the Government of Rwanda, the Ministry of Education, the Rwanda Education Board (REB), and teachers' organizations. Today, it serves over 120,000 members, making it one of the largest sector-based SACCOs in the country. Umwalimu SACCO provides savings, personal loans, housing finance, education loans, business loans, and digital banking services tailored to the needs of teachers and other education professionals.
Amount
-
Tenor
-
Min. approval time
24 hrs
Countries
Created on
July 2026
Last updated
July 2026
Requirements
The basic requirements to apply for a loan on Umwalimu SACCO include:
- • Be a registered Umwalimu SACCO member.
- • Maintain an active savings account.
- • Complete the official loan application.
- • Present a valid National ID or passport.
- • Demonstrate repayment capacity (salary or business income).
- • Meet internal credit assessment requirements.
- • Provide collateral or guarantors where required for larger loans.
How to Apply
To apply for a loan with Umwalimu SACCO, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Website
