Call Us (+254) 722004065, (+254) 722002685

  • Safaricom SAcco Team

  • Safaricom SAcco Team Building 2017

  • Top saver addressing audience

  • Ushirika awards 2014
  • Safaricom Sacco Awards
  • Safaricom SAcco Official Opening

  • Top Saver addressing the crowd
  • Ushirika Awards 2014

Join Us

Safaricom Sacco membership is open to employees of SAFARICOM LTD, Spouses of Members, and Children above 18 years, Individuals introduced by Sacco members and employees of other corporates admitted as per the Membership policy. For now the Sacco is servicing membership of over 150 corporates.
Individual members (Alpha Membership) are eligible to patronize loan facilities after Six (6) months of consistent savings in the Back Office Services Activity (BOSA), Section and Group membership are qualified for the facility after patronizing Front Office Services Activity (FOSA) section for the same period.

REQUIREMENTS: INDIVIDUAL (ALPHA MEMBERSHIP)

  • Membership fees is Ksh 1,000, this is deducted from the Salary with the first deduction
  • Minimum monthly deposit contribution is Ksh 3,000.00
  • Minimum Share Capital is 400 shares equity @ Ksh 100 equal to Ksh 40,000 (To pay within 12 months Period)
  • Loan qualification is after 6 Months of consistent saving.

REQUIREMENTS: CHAMA/CORPORATE/SME/INVESTMENT GROUPS (OMEGA MEMBERSHIP)

CORPORATES

  • Membership Fee: Ksh 2,000
  • FOSA Monthly minimum deposit: Ksh 5,000
  • Minimum account balance: Ksh 5,000
  • Minimum Shareholding :Ksh 20,000

CHAMAZ

  • Membership Fee: Ksh 2,000
  • FOSA Monthly minimum deposit: Ksh 5,000
  • To raise 20% deposit in case of loan request
  • Minimum Shareholding :Ksh 10,000

SME’s

  • Membership Fee: Ksh 2,000
  • FOSA Monthly minimum deposit: Ksh 5,000
  • Minimum account balance: Ksh 5,000
  • Minimum Shareholding: Ksh 1,000

Sacco Exit
Should a member wish to withdraw from the Sacco the exit procedure is as below:

  • Fill in withdrawal form
  • If a member has guaranteed anyone, the guarantor should find an alternative guarantor replacement
  • Deposits refunded within 60 days
  • Shares may remain there if a member so wishes or sell/transfer to an existing member.

 

Our Vision and Mission

To be the financial services partner of choice

 

We transform our members’ lives through provision of affordable, innovative and accessible financial services

Our Location

We have two offices in Nairobi:

Main Office, Westlands Safaricom Care Centre (SCC) First Floor.

JCC Office, Mombasa Road, Sarin Park (JCC) Ground Floor

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