Who we are

The Kenya Medical Association SACCO (KMA SACCO) is the single largest financial service provider for doctors by doctors in Kenya. Because the SACCO is designed by medical doctors who understand the dynamics of the medical profession and the enormous demands of a doctor’s time, KMA Sacco is a ‘one stop financial partner’ for the medical practitioner, both young and old. We provide an array of products specially designed to suit the short and long term financial needs and obligations for a doctor through savings, investments, insurance, loans and pension services.

We are backed by 15 years experience and serve a strong membership of more than 3000 members across Kenya. Our asset base currently stands at approximately one billion Kenya shillings.

Our Mission

To build a financial institution that facilitates savings, credit, investments and other innovative financial products for the welfare of our stakeholders

Our vision

To be the leading SACCO in the provision of innovative financial services

Deposit for life cover

Deposit for Life Cover is a 3 in 1 insurance policy, especially designed for doctors and their families to provide:

Life cover of upto 5 million, Accident cover of upto 10 million and Provision to use your deposit as Collateral for Credit.

Deposit can be paid in monthly installments from as low as Ksh. 3750 over a period of 36months. All benefits become effective upon deposit of first installment

Other benefits in this cover
  • No monthly premiums
  • Last expense of KES. 200,000.00 is paid to your family within 48 hrs
  • 30% of the sum assured of up to KES 1
  • Million is payable upon first time diagnosis of a critical illness
  • Flexible for annual upgrading

Why KMA Sacco

At KMA Sacco, we take care of more than just your finances; we construct a simple yet effective blueprint for you and your family. We walk with you right from your early career days to ensure you get a strong financial start when you are appointed as an intern doctor.

How to become a member

Being part of the KMA Sacco is a simple affair. One requires to complete a membership application form obtained from our offices (it can also be downloaded from our website: www.kmasacco.com), attach a copy of your national ID/Passport with two recent passport photos. Once completed, submit the application and together with the joining fee of Ksh2,500/= . Payment can be made through the KMA Sacco Bank Account (shared below) or via MPesa Pay Bill No. 540900.

University Mentorship Program

The Competition aims at cushioning intern doctors from their unpaid intership in the various medical institutions. To enter, log on to facebook and like our page: Facebook.com/kmasacco

Its simple: Refer as many students to register with the KMA SACCO as possible. The reffered students will upload their selfies on the facebook page with their registration number. The students with the highest numbers of refferals walk away with 3000 SACCO shares. The second, third and fourth will get 2500, 1500 and 1000 shares respectively!

Consumer Education

This scheme offers a wide range of insurance policies, with negotiated premiums including: Health Insurance, Professional Indemnity Insurance, Motor Insurance, Home Insurance, Workers’ Compensation or employers’ liability insurance and Property Insurance policies.