Credit Committee

Sacco Governance

Credit Committee

Facilitating rapid, equitable access to affordable credit while upholding stringent credit risk management and member financial well-being.

Credit Committee Loan Appraisal

Mandate & Overview

The Credit Committee of Nairobi Water Regulated NWDT Sacco Society Limited holds the statutory responsibility for appraising, vetting, approving, and monitoring all loan facilities extended to members, ensuring strict adherence to the Society’s Credit Policy and SASRA guidelines.

Our core commitment is to ensure that credit serves as an engine of financial liberation and growth for every member, offering fair consideration, minimal interest rates, and transparent procedures.

Pillars of Credit Administration

Fair & Swift Loan Appraisal

Thorough appraisal of loan applications against member ability to pay, checking savings adequacy, collateral/guarantorship, and credit history to ensure sustainable borrowing.

Credit Risk & Portfolio Health

Continuous tracking of the loan book to minimize Non-Performing Loans (NPL), maintaining sector-leading recovery rates and safeguarding Society assets.

Product Optimization

Regularly reviewing credit facilities (Normal loans, Super Emergency, School Fees, and Scholar Plus) to ensure repayment terms and ceilings match member lifestyle requirements.

Member Credit Counseling

Providing confidential advisory support to members navigating temporary economic challenges, offering restructuring options and debt management counseling.

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