News Nzuri
  • Home
  • Education
  • Business
  • Crimes
  • Jobs
  • Politics
  • Sports
No Result
View All Result
  • Login
SIGN UP
News Nzuri
No Result
View All Result

*List Of Best Saccos To Save In Kenya 2022 That Will Guarantee You High Returns After The Latest Ranking Of SACCOs*

Newsnzuri media team by Newsnzuri media team
Reading Time: 3 mins read
243
0
*List Of Best Saccos To Save In Kenya 2022 That Will Guarantee You High Returns After The Latest Ranking Of SACCOs*
Share on FacebookShare on TwitterShare onWhatsapp
Join Us On Facebook

This is a list of best SACCOs to join in Kenya as of 2022. Saccos in Kenya mainly strive to bring together people with similar financial backgrounds/ characteristics for a common purpose of saving and investment. There are several Saccos in Kenya that offer such opportunities. However, not all have managed to safeguard the interests of its members to an efficient level.

Continue Reading
Join Us On Facebook

 

Join Us On Facebook

Here is a detailed list of the best managed and performing SACCOs in Kenya that you can join.

Continue Reading
Join Us On Facebook
Join Us On Facebook

 

Continue Reading

RelatedPosts

*Teachers Handling The Following Subject Combinations To Teach In More Than One School Beginning This Period. PS Report Indicates*

*Teachers Handling The Following Subject Combinations To Teach In More Than One School Beginning This Period. PS Report Indicates*

July 5, 2022
*MoE New Directive:All Primary And Secondary School Learners To Report Back To School On This New Date In Next Week*

*MoE New Directive:All Primary And Secondary School Learners To Report Back To School On This New Date In Next Week*

July 5, 2022
*The Ministry Of Education Is Hiring 300 General Office Support Staff. Check Out On The Requirements And Apply*

*The Ministry Of Education Is Hiring 300 General Office Support Staff. Check Out On The Requirements And Apply*

July 5, 2022
Load More
Join Us On Facebook

1. Amica Sacco

Join Us On Facebook

 

Join Us On Facebook

Amica is one of the best SACCOs to join in Kenya. It is a Tier one Sacco that was started in 1966 by coffee farmers in Muranga but later opened its bond to serve all sectors. The Sacco rebranded in 2016 and is currently operating as Amica Savings & Credit, or simply as Amica Sacco.

Join Us On Facebook

 

Join Us On Facebook

Amica Sacco’s banking channels include Mobile Banking, Sacco Agency, Visa Card, Cheque books, Pay bills, and Money transfer services like Pesalink and RTFT. The Sacco has 18 branches and more than 360 agents spread across Nairobi, Kiambu, and Muranga Counties.

 

Members are given loans at ten (10) times their savings, popularly known as Investa. Loans are repayable for up to 5 years and the interest is charged from as low as 1% per month on reducing balance.

 

 

 

Contact: 0729 333 444

Check out more of their services from www.amicacs.co.ke

 

 

 

2. Stima Sacco

 

 

 

It is a leading countrywide fast-growing and licensed deposit-taking Sacco with an asset base of about Kshs. 30bn. It offers amazing savings and credit products such as development loans, asset financing, biashara loans and mortgages. The Sacco is open for any member to join. It has branches in Nairobi, Kisumu, Eldoret, Nakuru, Embu and Mombasa.

 

 

 

3. Mwalimu National Sacco

 

 

 

It is the largest African Sacco with a membership drawn from teachers in Kenya. It offers a wide range of products and services such as business loans, welfare services, Back Office Services Activities (BOSA) and FOSA products. Membership is only for teachers, employees of the Sacco and employees of the Teachers Service Commission.

 

 

 

4. Hazina Sacco

 

 

 

It is a nationwide deposit-taking Sacco that was established in 1971 mainly to promote thrift and savings amongst the Sacco’s members. The Sacco draws its membership from government ministries, parastatals, county governments and the private sector.

 

 

 

5. Harambee Sacco Society

Harambee Sacco mainly draws its membership from the National government, County government, government parastatals, constitutional bodies, Kenya Defence Forces, National police service, National youth service and government departments. It is also open to members from the private sector.

 

 

 

6. United Nations Sacco

 

 

 

The Sacco commenced business in 1975. Its asset base currently stands at Kshs. 12 billion. It offers a wide range of financial products and loan services to its members. For one to become a member of the Sacco, one has to fill a membership application form and pay a fee of 1,000 shillings, raise a share capital of Kshs 50,000 and make monthly contributions of not less than Kshs 2,300.

 

 

 

7. Kenya Police Sacco

 

 

 

The Sacco started operating in 1973 to mobilise savings and provide affordable credit facilities. The Sacco has an asset base of 30 billion and a loan portfolio of Kshs. 26 billion. It draws its membership from serving and retired police officers, employees of the Kenya police service and Sacco, employees of the civil service, the business community and employees from corporate entities.

8. Unaitas Sacco

 

 

 

It is a deposit-taking Sacco which was licensed under the Sacco Societies Act, 2012. It offers saving products and loan products such as development loan, biashara loan, inuka loan, project loan, kilimo poa advance, business quick fix and maono advance loan.

 

 

 

9. Kenya Medical Association Sacco

 

 

 

It was registered as a Sacco in 1998 and has tremendously grown as a major financier for medical practitioners countrywide. The Sacco has an asset base that currently stands at 3.655 billion.

 

 

 

10. Kenya Bankers Sacco

 

 

 

It was registered as a Sacco in 1975 to initially serve employees in the banking industry. It currently draws membership from banks, financial/micro-financial institutions, building societies, chamas and other institutions.

 

 

 

11. Waumini Sacco

It is a leading progressive Sacco with a membership of over 25,000 people drawn from catholic institutions, catholic church faithful and previous employees of Catholic institutions. The Sacco offers products such as FOSA loan, tulia loan, emergency loans, mjengo loan, salary advance and FOSA quick fix.

 

 

 

Other good options

 

 

 

Kimisitu Sacco

 

Nation Sacco

 

Bandari Sacco

 

Safaricom Sacco

 

Balozi Sacco

 

Mwito Sacco

 

Sheria Sacco

Join Us On Facebook
Share166Tweet104Send
Previous Post

*Just In :Ministry Issues New Directives On 2022 Form 1 Placement.(Circular Attached)*

Next Post

*New Updated Kenya Medical Training College (KMTC) Fee Structure 2022/2023 For Self Sponsored And Regular Students*

Related Posts

*Teachers Handling The Following Subject Combinations To Teach In More Than One School Beginning This Period. PS Report Indicates*
Education

*Teachers Handling The Following Subject Combinations To Teach In More Than One School Beginning This Period. PS Report Indicates*

July 5, 2022
*MoE New Directive:All Primary And Secondary School Learners To Report Back To School On This New Date In Next Week*
Education

*MoE New Directive:All Primary And Secondary School Learners To Report Back To School On This New Date In Next Week*

July 5, 2022
*The Ministry Of Education Is Hiring 300 General Office Support Staff. Check Out On The Requirements And Apply*
Education

*The Ministry Of Education Is Hiring 300 General Office Support Staff. Check Out On The Requirements And Apply*

July 5, 2022
*KNEC Reveals Two Phases In Which First Grade Six Exams Will Be Administered 2022*
Education

*KNEC Reveals Two Phases In Which First Grade Six Exams Will Be Administered 2022*

July 5, 2022
*Sad News As Moi University Is Set To Fire The Following Staff Members*
Education

*Sad News As Moi University Is Set To Fire The Following Staff Members*

July 5, 2022
*Date And Venue For 2022 Presidential Debate Announced*
Education

*Date And Venue For 2022 Presidential Debate Announced*

July 5, 2022
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advert

Trending Now

*Confirmed! Term One School Closing Dates Extended As Most Schools Plan To Close Early Next Week. Here’s The Final Revised School Calendar*
Education

*Confirmed! Term One School Closing Dates Extended As Most Schools Plan To Close Early Next Week. Here’s The Final Revised School Calendar*

1 week ago
*Newly Updated TSC Grading System And Salaries For All Teachers In 2022/2023 Released Today With Slight Adjustments*
Education

*Newly Updated TSC Grading System And Salaries For All Teachers In 2022/2023 Released Today With Slight Adjustments*

6 days ago
*No More Panic To Parents On Term 2 School Fees As Schools Reopen Dates Extended Slightly As Most Schools Start Closing Today*
Education

*No More Panic To Parents On Term 2 School Fees As Schools Reopen Dates Extended Slightly As Most Schools Start Closing Today*

1 week ago
*TSC CEO Confirms Today That All P1 Teachers Who Undertook The Upgrading Program Will Be Permanently Employed In The July 2022 Teacher Recruitment Program*
Education

*TSC CEO Confirms Today That All P1 Teachers Who Undertook The Upgrading Program Will Be Permanently Employed In The July 2022 Teacher Recruitment Program*

5 days ago
*TSC Finally Identifies 186000 Teachers Who Will Receive Greater Pay As From July. Checkout The Beneficiaries*
Education

*TSC Finally Identifies 186000 Teachers Who Will Receive Greater Pay As From July. Checkout The Beneficiaries*

5 days ago
*Top 10 Marketable TVET Courses For KCSE Grade C-(minus),D+(plus),D (plain) & D- (Minus)Students In Kenya 2022*
Education

*Top 10 Marketable TVET Courses For KCSE Grade C-(minus),D+(plus),D (plain) & D- (Minus)Students In Kenya 2022*

6 days ago
Load More
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Web Design: Mac-Hungo

© 2022 News Nzuri -Getting You The Latest News.

No Result
View All Result
  • Home
  • Education
  • Business
  • Crimes
  • Jobs
  • Politics
  • Sports

© 2022 News Nzuri -Getting You The Latest News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

WhatsApp us