SACCO Savings

Build financial discipline through regular savings and member shares

The SACCO venture helps members build regular savings, maintain share capital and access eligible credit under approved member rules. Contributions, loans and repayments are recorded against each member’s account.

A member passbook and contribution ledger on a desk

Benefits

Why members choose SACCO Savings

Shares and deposits recorded separately

Member shares are recorded separately from deposits so each can be reported accurately.

Credit access under member rules

Members may apply for credit subject to eligibility, their records and the applicable lending rules.

Member statements

Contribution and loan information is available to members through the member portal.

Rules

Contributions and loan terms

Regular contribution
Deposits and share contributions as approved
Credit
Subject to eligibility, review and approval
Approval
Review and approval by authorised officers
Records
Contributions, loans and repayments recorded per member

Eligibility

Who can register

  • Individual applicants aged 18 and above, subject to venture rules.
  • A valid National ID or other identification document accepted under the approved rules.
  • An active mobile number for member communication.
  • Next-of-kin or beneficiary details where required.
  • Ability to meet the approved contribution requirements.

Process

How it works, step by step

  1. STEP 1

    Apply

    Start your application online and select SACCO as the venture you wish to join.

  2. STEP 2

    Complete verification

    Complete your profile, add beneficiary details and upload the required supporting documents.

  3. STEP 3

    Approval

    An authorised officer reviews the application before membership is activated.

  4. STEP 4

    Start contributing

    Once active, make your approved contributions and track them from the member portal.

FAQ

Common questions

Ready to start with SACCO Savings?

Register online or talk to the office and we will guide you through the paperwork.