Membership is open to all persons above the age of 18 with an income. Terms and conditions apply.

Share capital is the equity or core capital of the Sacco and represents each member’s share of ownership of the Society in terms of shares.The minimum share capital for each member is Kshs. 20,000 which earns dividends for the member. This share capital is non withdrawable but transgferable upon termination of membership.

The BBF is an insurance scheme for members which cover the member, their spouse and four children upto the age of 25 years. In the event of death the contributor or the spouse is paid Kshs. 50,000 and the child or single nominee is paid Kshs. 40,000.

Interest is computed based on weighted average method. The interest payable to the member is dependent on the income the society makes as at the end of every financial year

The Sacco has registered a housing society which serves to purchase land for its members at competitive rates

SASRA is an acronym for SACCO Societies Regulatory Authority; an institution created by the SACCO Societies Act. It is empowered with the following mandates: Licensing; Regulating; Supervising SACCO Societies; Protecting interests of SACCO members and Promoting the interests of SACCOs. SASRA operates a deposit guarantee fund which safeguards the members of a failed SACCO by refunding their deposits up to Ksh. 100,000 initially net of liabilities

A member can pay any amounts he desires into the society’s bank account at his own convenience the original deposit slip or copy of the transfer instruction in the case of electronic transfers should be delivered to the SACCO. Alternatively payments can be made through Spotcash or MPESA paybill number 964700. Instructions to send via MPESA are as indicated in the downloads section

The maximum loan amount a member can be given at any one time is three times the member’s savings. A civil servant must take home at least a third of his/her pay after all deductions

A member is eligible for a Jipange loan after 3 months contribution and any other loan after 6 months’ contribution.

The number of guarantors is determined by the loanee deposits plus the guarantors’ deposits

  • Fully completed loan application form
  • Outstanding loan by the applicant MUST be cleared before a loan of the same kind is approved.
  • A most current pay slip certified by the applicant’s employer’s payroll officer and a copy of applicant’s National ID/Valid Passport) MUST be attached to the application
  • Must have been an active member for at least six months.

No interest or penalty is charged for clearing a loan earlier than the contracted period

Yes. However, a one off commission of 2.5% on the topped up deposits is charged if the member takes a loan within 6 months of boosting those deposits.

The SACCO is managed through delegate’s systems who attend Annual Delegates Meetings on the members behalf who are in over 120 stations across the country. Find out who they are to give your contribution and feedback on our product and services in the downloads section. Always make an effort of attending branch meetings whenever they are called and elect your leaders that can represent your interests clearly.

The society hosts members to a networking event every year wherein the member can introduce themselves to other members of the society who can act as their guarantors. Alternatively we welcome members to invite us to recruit their friends, family or colleagues at their convenience

School Fees, Emergency and Advances are disbursed within 24 hours of submitting the application. Development and Diamond loans that are processed within one month subject to availability of fund

A member may at any time withdraw from the society by giving 60 days’ written notice to the society. Members who voluntarily withdraw may re-apply for admission as long as they still qualify for membership under the terms of the society’s bylaws