Elimu SACCO
A teachers' SACCO serving education professionals with school fees loans and development financing.
๐ฐ Savings Products
๐ Loan Products
โจ Features & Services
๐ How to Join Elimu SACCO
Eligibility
Teachers and education sector employees across Kenya
Steps to Join
- Visit the nearest Elimu 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 Elimu SACCO?
Elimu SACCO pays 13% dividends on share capital. This is around the industry average of 13%.
How do I join Elimu SACCO?
Teachers and education sector employees across Kenya. You will need a national ID, passport photo, and the minimum monthly savings of KES 500/month.
What is the loan rate at Elimu SACCO?
Elimu 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 Elimu 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.
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