Chai SACCO
Serves Kenya's tea industry workforce and farming communities with agricultural financing and seasonal loan products.
๐ฐ Savings Products
๐ Loan Products
โจ Features & Services
๐ How to Join Chai SACCO
Eligibility
Tea industry workers, farmers, and community members in tea-growing regions
Steps to Join
- Visit the nearest 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 Chai SACCO?
Chai SACCO pays 13% dividends on share capital. This is around the industry average of 13%.
How do I join Chai SACCO?
Tea industry workers, farmers, and community members in tea-growing regions. You will need a national ID, passport photo, and the minimum monthly savings of KES 500/month.
What is the loan rate at Chai SACCO?
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 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.
Compare With Other SACCOs
Ndege Chai SACCO
Tea farmers & agricultural workers
Ukulima SACCO
Farmers & agricultural workers
Nafaka SACCO
Grain & cereal farmers
Tower DT SACCO
Open membership
Nation SACCO
Nation Media Group employees & associates
Ports SACCO
Kenya Ports Authority employees
Compare All SACCOs in Kenya
See how Chai SACCO compares to 55 other SACCOs