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

Revised interest rates

Being mindful of members needs is our pleasure. To this end, the Sacco has revised the interest rates for the following products:

Premium Loan

Old rate 15% New rate 14%

  • Available up to 5 (Five) times savings
  • Interest rate – 15% pa (NOW 14% pa) on reducing balance
  • Guarantors required.
  • Maximum loan is 10 Million
  • Effective Date: 1st October 2016
Read More

Super premium Loan

Old rate 15% New rate 14%

  • Available up to 3 (Three) times savings
  • Interest rate – 15% pa (NOW 14% pa) on reducing balance
  • Guarantors required.
  • Maximum loan is 10 Million
  • Effective Date: 1st October 2016
Read More

This applies to all existing and new loans. 

Terms and conditions Apply.

Read more...

Holiday tips!!!

GOING FOR A HOLIDAY?

Here are some tips:

1

Get To The Airport On Time

L

eaving early is really the only surefire way to get to the airport on time without issue, but there are a few other things you can do. First of all, if you can avoid checking luggage you should. Checking bags can add around 90 minutes to your trip (in total), so avoiding checked luggage really cuts down on time. Printing your boarding pass online as soon as possible is also extremely helpful, especially if you haven't already been assigned your seats.  If, despite your best efforts, you don't make it on time, make sure you know if your airline has formal or informal policies for late check-ins or missed flights. Sometimes, rules-be-damned, you're not as screwed as you may think you are. 

Read more...

Consumer Insights

Why it’s important to build your Credit History

Sacco’s main function is value addition to its membership through provision of Savings and Credit. The Sacco is a good gateway to build your credit history- which is basically a borrowers’ payment plan of loan/debt obligations. 

Over years, the dynamics for sources of funds have evolved from Banks, Sacco’s, Merry go rounds, Chamaaz, table banking etc. Just like a merry go round or a Chama, there is a constitution that governs them - whether of contributions or a small loan granted by the group.  Similarly, financial institutions come from the same school of thought and keenly observe the ability to pay your loan/s. 

Your Credit history and/or that of your organization should receive a 'clean bill of health'.  Here are some tips towards convincing a Credit Manager that you are worth lending:

Read more...

Own a piece of our next big leap

As a follow up to the AGM resolutions of 21st Feb 2015, approvals by SASRA (SACCO Societies Regulatory Authority) and CMS (Capital Markets Authority) respectively, we hereby circulate the shares drive memorandum of information for your review. Make up your mind and take up the shares available as soon as possible.

As stated, members are invited to invest in SACCO shares that shall be applied to multiple purposes including developing an office complex for SACCO use and rental. Definitely the dividend can only go up with this additional source of revenue. Seize this golden investment opportunity; commit by filling shares drive form and make contributions by Rebates, Cash Deposit, Bank or Lipa na M-PESA.

Read more...
Subscribe to this RSS feed

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

Login Form