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1) Applicant Details

Supporting Documents

2) Loan Details

Loan Offsetting

I do hereby by authorize the Society to offset my outstanding loan (s) and recover the same plus the relevant commision(s) from the preceeds of fresh loan.

3) Consents & Declarations

Acknowledgement of Terms and Conditions

I hereby declare that the foregoing particulars are true to the best of my knowledge and belief and agree to abide by the laws of the society , the credit policy provision and any other variations by the Board of Directors

I do accept personal liability for the repayment of the loan amount until full settlements is done. I hereby assign all my final terminal dues whatsoever nature with my employer to the Sacco as additional security for the payment of the loan.

In case of default in repayment , the entire balance of the loan will immediately become due and all deposits owned by member will offset against the balance owed. Any remaining balance will be attched to guarantors.

Consent to Share Information

I willingly grant consent to UNIVISION DT SACCO SOCIETY LTD ,to use any information that it may obtain about me in regards to this loan application in an appropriate manner as permitted by the society’s by-laws and other related laws of Kenya. UNIVISION DT Society Sacco may also lawfully access my credit profile from credit reference bureau and share my information to credit reference bureau , guarantors, debt recovering agencies, investigating agencies and law firms with a view to recovering any debt due to the society from myself

4) Guarantor Information

Guarantors are strongly advised to carefully read all the information provided in this form by the applicant, terms and conditions contained herein, so asto understand the full implications of signing this part. In consideration of the society granting the whole of the above loan or any lesser amount may be approved, the undersigned hereby accept jointly and severally liability for its repayment in the event of borrowers default. We understand that the amount in default may be recovered by an attachment of salary or savings and that we shallnot be eligible for loans unless the amount in default has been cleared in full.

Univision Sacco was founded in 1976 by 11 members with the overall objective of according each other a place to save and borrow funds. Actual lending did not start until 1978. Initially, membership was restricted to teachers under the employ of the Government of Kenya; but the Society officially changed its by-laws and opened common bond in 2008 to absorb the employees from other government ministries and organizations.

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