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Cosmopolitan SACCO

Community-BasedEst. 1982ยทNairobi Countyยท6 branches

A community-based SACCO offering 16% dividends and 12.4% interest on deposits. Open membership for all Kenyans.

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16%
Dividend Rate
12%
Loan Rate (p.a.)
3x
Loan Multiplier
35,000+
Members

๐Ÿ’ฐ Savings Products

Savings RateUp to 12.4%
Minimum SavingsKES 500/month
Dividend Rate16%
Total AssetsKES 8.5B

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
Mobile banking
Emergency loans
Business loans
Asset financing

๐Ÿ“ How to Join Cosmopolitan SACCO

Eligibility

Open to all Kenyans aged 18+ with valid ID

Steps to Join

  1. Visit the nearest Cosmopolitan 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: 6Location: NairobiWebsite: www.cosmopolitansacco.co.ke

Frequently Asked Questions

What is the dividend rate at Cosmopolitan SACCO?

Cosmopolitan SACCO pays 16% dividends on share capital. This is above the industry average of 13%.

How do I join Cosmopolitan SACCO?

Open to all Kenyans aged 18+ with valid ID. You will need a national ID, passport photo, and the minimum monthly savings of KES 500/month.

What is the loan rate at Cosmopolitan SACCO?

Cosmopolitan 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 Cosmopolitan 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 Cosmopolitan SACCO compares to 55 other SACCOs

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