Resources

Any individual aged 18 or older — employees, entrepreneurs, professionals and diaspora members — as well as registered groups, businesses, religious organisations, youth and community groups through their authorised officials.

Kenyan Resident members start from KES 200 per month. Gulf / Diaspora members contribute from AUD 200 per month. There is no maximum for Kenyan Resident savings.

Individual members can borrow up to 3× their accumulated savings, subject to liquidity, repayment capacity, guarantors and approval. Business and group loans range from KES 20,000 to KES 100,000.

Individual (Kenyan Resident) members can borrow after a one-month savings lock-in. Existing members who have already cleared it are eligible right away.

Individual loans: 1 month 4%, 3 months 8%, 6 months 10%, 12 months 12.5%. Business / group loans: 3 months 10%, 6 months 12.5%, 12 months 14%. A mandatory 2% processing fee applies to every approved loan.

Yes. The SACCO operates a dedicated account managed by a Treasurer, keeps at least 30% of capital as a liquidity reserve, records every transaction, and generates an audit trail for all sensitive actions.

By M-PESA, bank transfer or direct debit, on the schedule in your loan agreement. A 5-day grace period applies after each due date; after that a one-time 5% penalty is charged on the overdue amount.