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NACICO SACCO

Community-BasedEst. 1966ยทNairobi Countyยท6 branches

One of the best-capitalized SACCOs in Kenya according to SASRA rankings. Serves a diverse membership across the country.

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12%
Dividend Rate
12%
Loan Rate (p.a.)
3x
Loan Multiplier
45,000+
Members

๐Ÿ’ฐ Savings Products

Savings RateUp to 9%
Minimum SavingsKES 500/month
Dividend Rate12%
Total AssetsKES 6.5B

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

FOSA services
Business loans
Emergency loans
Development loans
Insurance products

๐Ÿ“ How to Join NACICO SACCO

Eligibility

Open to all Kenyans aged 18+ with valid identification

Steps to Join

  1. Visit the nearest NACICO 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 500/month)
  5. Receive your membership number and start saving
Branches: 6Location: NairobiWebsite: www.nacicosacco.co.ke

Frequently Asked Questions

What is the dividend rate at NACICO SACCO?

NACICO SACCO pays 12% dividends on share capital. This is around the industry average of 13%.

How do I join NACICO SACCO?

Open to all Kenyans aged 18+ with valid identification. You will need a national ID, passport photo, and the minimum monthly savings of KES 500/month.

What is the loan rate at NACICO SACCO?

NACICO 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 NACICO 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 NACICO SACCO compares to 55 other SACCOs

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