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Mentor SACCO

ProfessionalEst. 1990ยทNairobi Countyยท4 branches

Ranked #1 nationally in risk management by SASRA. Known for excellent governance and member protection.

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14%
Dividend Rate
12%
Loan Rate (p.a.)
3x
Loan Multiplier
20,000+
Members

๐Ÿ’ฐ Savings Products

Savings RateUp to 10%
Minimum SavingsKES 1,000/month
Dividend Rate14%
Total AssetsKES 7B

๐Ÿ“‹ Loan Products

Loan Rate12% p.a. reducing balance
Max Loan3x savings
Loan Multiplier3x savings
Example (KES 500K savings)Borrow up to KES 1,500,000

โœจ Features & Services

Mobile banking
Emergency loans
Development loans
Business loans
FOSA services

๐Ÿ“ How to Join Mentor SACCO

Eligibility

Open to professionals and salaried individuals across Kenya

Steps to Join

  1. Visit the nearest Mentor SACCO branch or their website
  2. Fill out the membership application form
  3. Submit a copy of your national ID and passport photo
  4. Pay the registration fee and first savings contribution (KES 1,000/month)
  5. Receive your membership number and start saving
Branches: 4Location: NairobiWebsite: www.mentorsacco.co.ke

Frequently Asked Questions

What is the dividend rate at Mentor SACCO?

Mentor SACCO pays 14% dividends on share capital. This is above the industry average of 13%.

How do I join Mentor SACCO?

Open to professionals and salaried individuals across Kenya. You will need a national ID, passport photo, and the minimum monthly savings of KES 1,000/month.

What is the loan rate at Mentor SACCO?

Mentor SACCO offers loans at 12% p.a. reducing balance. Members can borrow up to 3x savings (3x their savings).

How much can I borrow from Mentor SACCO?

You can borrow up to 3 times your total savings. For example, with KES 500,000 in savings, you could borrow up to KES 1,500,000.

Compare All SACCOs in Kenya

See how Mentor SACCO compares to 55 other SACCOs

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