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Waumini SACCO

Community-BasedEst. 1980ยทNairobi Countyยท5 branches

Founded to serve the Catholic community, now open to the general public. Over 30,000 members across 5 branches.

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12%
Dividend Rate
12%
Loan Rate (p.a.)
3x
Loan Multiplier
30,000+
Members

๐Ÿ’ฐ Savings Products

Savings RateUp to 9%
Minimum SavingsKES 500/month
Dividend Rate12%
Total AssetsKES 10B

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
Emergency loans
Development loans
School fees loans
Business loans

๐Ÿ“ How to Join Waumini SACCO

Eligibility

Members of the Catholic community and general public

Steps to Join

  1. Visit the nearest Waumini 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: 5Location: NairobiWebsite: www.wauminisacco.coop

Frequently Asked Questions

What is the dividend rate at Waumini SACCO?

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

How do I join Waumini SACCO?

Members of the Catholic community and general public. You will need a national ID, passport photo, and the minimum monthly savings of KES 500/month.

What is the loan rate at Waumini SACCO?

Waumini 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 Waumini 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 Waumini SACCO compares to 55 other SACCOs

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