Big Buck SACCO

Our Products

Savings. Loans. Training. Everything you need to build your financial future.

Savings
Loans
Services
  • Savings

Savings Accounts

Every great financial journey starts with saving. Big Buck SACCO offers flexible savings accounts designed to fit your life.

Regular Savings Account

Build a consistent savings habit with regular monthly contributions. Your savings grow the cooperative and qualify you for loans.

  • Contribution: No minimum, no maximum — contribute what your month allows
  • Interest: 9–11% per annum on your average monthly balance
  • Access: Non-withdrawable while you are an active member; refundable on exit
  • Doubles as: Your primary security when you borrow

Fixed Deposit Account

Lock in your savings for a fixed term and earn competitive returns. Ideal for members with lump sums to invest.

  • Terms: 1, 3, 6, 9 or 12 months
  • Minimum: From US$150, with no upper limit
  • Interest: 6% p.a. for 1–3 months, rising to 8% p.a. for 10–12 months
  • Early exit: 14 days’ notice, 2% penalty, waived for documented emergencies

Share Capital

Every member contributes share capital, which represents your ownership stake in the cooperative. Your shares earn annual dividends.

  • Share price: US$20.00 per share
  • Shareholding: Minimum 5 shares (US$100) · maximum 500 shares (US$10,000)
  • Dividends: 10–15% per annum, declared at the AGM on audited results
  • On exit: Non-refundable, but transferable to another member
  • How membership works. A once-off joining fee of US$30 and a minimum of 5 shares at US$20 each make you a member and an owner. After three months of active membership and regular contributions you become eligible to borrow.
  • Loans

Loan Products

Affordable, transparent financing designed for real people with real goals. Use our Loan Amortization Calculator below to plan your repayments.

  • Individual Loans

For you and your household

Personal Loan

For life’s planned and unplanned expenses — from celebrations to car purchases. Flexible repayment terms with competitive rates.

Weddings, funerals, furniture, a first car, school uniforms — the ordinary costs of an ordinary year, spread over terms you choose rather than absorbed in one painful month.

  • Indicative rate: 1.5–2.5% per month, reducing balance
  • Repayment term: 1 to 12 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

Emergency Loan

When life throws a curveball, Big Buck has your back. Fast-tracked processing for urgent financial needs.

A separate, fast-tracked assessment queue for genuine emergencies. Smaller amounts and shorter terms, so the loan is cleared before it becomes a second problem.

  • Indicative rate: 1.5–2.5% per month, reducing balance
  • Repayment term: 1 to 12 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

Education Loan

Invest in knowledge. Finance school fees, university tuition, professional courses, and educational materials.

Structured around the school calendar so repayments do not collide with the next term’s fees. Covers tuition, levies, boarding, books, uniforms and professional qualifications.

  • Indicative rate: 1.5–2.5% per month, reducing balance
  • Repayment term: 1 to 12 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

Health Loan

Cover medical bills, dental work, optical care, and health emergencies without the financial stress.

For the bills that cannot wait for payday — hospital admissions, specialist consultations, dental and optical work, medication and medical aid shortfalls.

  • Indicative rate: 1.5–2.5% per month, reducing balance
  • Repayment term: 1 to 12 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

Home Purchase Loan

Make homeownership a reality. Finance the purchase of residential property with affordable repayment plans.

For a residential stand or a completed property. Larger amounts and longer terms, with the property itself and your share deposits standing together as security.

  • Indicative rate: 1.5–2.5% per month, reducing balance
  • Repayment term: 1 to 12 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

Home Improvement Loan

Renovate, extend, or upgrade your home. From roofing to solar installations — build the home you deserve.

Roofing, plumbing, a durawall, an extra room, borehole or solar installation — the improvements that cut your running costs and raise what your property is worth.

  • Indicative rate: 1.5–2.5% per month, reducing balance
  • Repayment term: 1 to 12 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed
  • Business Loans

For your enterprise

Working Capital Loan

Keep your business engine running. Finance stock, pay suppliers, and manage cash flow with ease.

Bridges the gap between paying your suppliers and being paid by your customers. Sized against your trading cycle so repayments land after the stock has turned.

  • Indicative rate: 2.5–5.0% per month, reducing balance
  • Repayment term: 1 to 24 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

Asset Finance

Acquire vehicles, machinery, equipment, and tools that grow your business. The asset serves as security.

Because the financed asset stands as the primary security, asset finance often unlocks a larger facility than your share deposits alone would support.

  • Indicative rate: 2.5–5.0% per month, reducing balance
  • Repayment term: 1 to 24 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

Order Finance

Secured a big order but need capital to deliver? We finance confirmed purchase orders so you never miss an opportunity.

Advanced against a confirmed purchase order or signed contract from a creditworthy buyer, and settled directly from the proceeds when that order is paid.

  • Indicative rate: 2.5–5.0% per month, reducing balance
  • Repayment term: 1 to 24 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

Invoice Discounting

Turn unpaid invoices into immediate cash. We advance funds against your receivables so your business keeps moving.

You deliver, you invoice, and we advance a percentage of the invoice value immediately rather than waiting 30, 60 or 90 days for your customer to settle.

  • Indicative rate: 2.5–5.0% per month, reducing balance
  • Repayment term: 1 to 24 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

AgriLoan

From seed to harvest — finance inputs, irrigation, livestock, and equipment for farming and agribusiness ventures.

Repayments are structured around the production cycle rather than the calendar month, so instalments fall due when the crop or the herd actually generates income.

  • Indicative rate: 2.5–5.0% per month, reducing balance
  • Repayment term: 1 to 24 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed

Project Loan

Funding for construction, development, and project-based ventures. Structured disbursements aligned with project milestones.

Released in tranches against verified milestones instead of a single lump sum, so you carry interest only on the capital the project has actually drawn.

  • Indicative rate: 2.5–5.0% per month, reducing balance
  • Repayment term: 1 to 24 months
  • Administration fee: 5% of the approved amount, once off
  • Primary security: your share deposits, supported by guarantors or collateral where needed
  • Plan Your Repayments

Loan Amortization Calculator

Use our Loan Amortization Calculator to see exactly what you’ll pay — no surprises, no hidden fees.

Work out your instalment

Reducing-balance amortization, instalment by instalment.

US$
% p.m.
months

Your Repayment

Monthly Repayment Amount—
Total Interest Paid—
Administration Fee (5%, once off)—
Total Amount Repayable—
Nominal Annual Rate—
  • Services

Training & Development

Big Buck SACCO goes beyond savings and loans. We equip our members with knowledge and networks to succeed.

Business Training

Practical workshops on business planning, financial management, marketing, and operations. Taught by experienced practitioners who understand the Zimbabwean market.

Typically covers:
Costing and pricing · Record keeping · Marketing on a small budget · Managing stock and suppliers

Personal Finance Training

Master budgeting, debt management, investment basics, and wealth-building strategies. Take control of your financial life.

Typically covers:
Household budgeting · Getting out of debt · Saving with purpose · Understanding interest and dividends

Business Showers

A Big Buck SACCO innovation — community-powered business launch events where members contribute resources, connections, and mentorship to help fellow members start or grow their ventures.

Typically covers:
Equipment and stock · Supplier and customer introductions · Mentorship · Hands-on launch support

  • Together We Can

Found the Product You Need?

Download the right application form, or come and talk it through with us at Jacaranda Mews.

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