Ndege Chai SACCO
A farmers' SACCO in Kenya's tea-growing region paying impressive 18.5% dividends. Serves tea farmers and agricultural communities.
💰 Savings Products
📋 Loan Products
✨ Features & Services
📝 How to Join Ndege Chai SACCO
Eligibility
Tea farmers, agricultural workers, and community members in Kericho and surrounding counties
Steps to Join
- Visit the nearest Ndege Chai SACCO branch or their website
- Fill out the membership application form
- Submit a copy of your national ID and passport photo
- Pay the registration fee and first savings contribution (KES 500/month)
- Receive your membership number and start saving
Frequently Asked Questions
What is the dividend rate at Ndege Chai SACCO?
Ndege Chai SACCO pays 18.5% dividends on share capital. This is above the industry average of 13%.
How do I join Ndege Chai SACCO?
Tea farmers, agricultural workers, and community members in Kericho and surrounding counties. You will need a national ID, passport photo, and the minimum monthly savings of KES 500/month.
What is the loan rate at Ndege Chai SACCO?
Ndege Chai 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 Ndege Chai 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.
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