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Chai SACCO

FarmersEst. 1974ยทKericho Countyยท5 branches

Serves Kenya's tea industry workforce and farming communities with agricultural financing and seasonal loan products.

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13%
Dividend Rate
12%
Loan Rate (p.a.)
3x
Loan Multiplier
35,000+
Members

๐Ÿ’ฐ Savings Products

Savings RateUp to 9%
Minimum SavingsKES 500/month
Dividend Rate13%
Total AssetsKES 6B

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

Agricultural input loans
Emergency loans
Development loans
FOSA services
Seasonal loans

๐Ÿ“ How to Join Chai SACCO

Eligibility

Tea industry workers, farmers, and community members in tea-growing regions

Steps to Join

  1. Visit the nearest Chai 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: KerichoWebsite: www.chaisacco.co.ke

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 All SACCOs in Kenya

See how Chai SACCO compares to 55 other SACCOs

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