SACCO deposits

The SACCO Deposits are non-withdrawable savings. It allows members to save and use their savings as collateral to secure and guarantee loans.The Mandatory Minimum Monthly contribution of Kes.5,000.00 for principal members and Kes.1,000.00 for members by introduction. The SACCO Deposits is refundable within 60 days after receiving a written notification of intention to withdraw from the member and approval by the SACCO Board.

Dividends and interests on savings is paid at a rate proposed by the Board and approved by the members at the Annual General Meeting(AGM) annually.

Contributions can be done using any of these methods:

  • Standing orders
  • Direct Debit
  • Direct deposit
  • Cheques
  • M-pesa paybill no 540900

Withdrawable Savings

 The Withdrawable savings allows members to deposit and withdraw at their own convenience. This Scheme offers a competitive interest rate and can be transferred to SACCO deposits and used for borrowing. This scheme is offered at the rate of 3.5% p.a. and can be transferred to Sacco deposits and used for borrowing. To withdraw your withdrawable deposits, send us written instructions via email to This email address is being protected from spambots. You need JavaScript enabled to view it. with bank details and within seven days the funds will be in your account.

Fixed Deposit

This scheme enables members to invest their money for a minimum period of 3 months and the minimum amount is Kes. 50,000.00. The current rate for the fixed deposit ranges from 8% p.a. to 11% p.a. depending with the period you are fixing the amount. Upon maturity, if a member wishes to retire the fixed deposit he/she will be required to give instructions with bank details via email to This email address is being protected from spambots. You need JavaScript enabled to view it. so that the funds can be channeled to the bank account within seven days.

If a member retires the fixed deposit savings before maturity the rate will go down to 3.5% p.a. Note that the current non-withdrawable deposits( Sacco deposits) cannot be transferred  to the fixed deposit account.

To have a fixed deposit account, transfer funds to any of our bank accounts and send us instructions via email to This email address is being protected from spambots. You need JavaScript enabled to view it.  attaching the transfer/bank slip and indicate the period you would like to fix the money.