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Ports SACCO

Employer-BasedEst. 1975ยทMombasa Countyยท3 branches

One of the highest dividend-paying SACCOs in Kenya at 20%. Serves the maritime and ports sector in Mombasa.

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

๐Ÿ’ฐ Savings Products

Savings RateUp to 10%
Minimum SavingsKES 1,000/month
Dividend Rate20%
Total AssetsKES 6.8B

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

Development loans
Emergency loans
Asset financing
FOSA services
Insurance

๐Ÿ“ How to Join Ports SACCO

Eligibility

Kenya Ports Authority employees and related maritime sector workers

Steps to Join

  1. Visit the nearest Ports 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: 3Location: MombasaWebsite: www.portssacco.co.ke

Frequently Asked Questions

What is the dividend rate at Ports SACCO?

Ports SACCO pays 20% dividends on share capital. This is above the industry average of 13%.

How do I join Ports SACCO?

Kenya Ports Authority employees and related maritime sector workers. You will need a national ID, passport photo, and the minimum monthly savings of KES 1,000/month.

What is the loan rate at Ports SACCO?

Ports 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 Ports 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 Ports SACCO compares to 55 other SACCOs

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