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Mombasa Port SACCO

Employer-BasedEst. 1972ยทMombasa Countyยท2 branches

Ranked among the best-capitalized SACCOs by SASRA. Serves Mombasa port workers with strong financial products.

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14%
Dividend Rate
12%
Loan Rate (p.a.)
3x
Loan Multiplier
8,000+
Members

๐Ÿ’ฐ Savings Products

Savings RateUp to 9%
Minimum SavingsKES 1,000/month
Dividend Rate14%
Total AssetsKES 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

Development loans
Emergency loans
Asset financing
FOSA services
Insurance

๐Ÿ“ How to Join Mombasa Port SACCO

Eligibility

Port workers and related maritime industry employees in Mombasa

Steps to Join

  1. Visit the nearest Mombasa Port 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 1,000/month)
  5. Receive your membership number and start saving
Branches: 2Location: MombasaWebsite: www.mombasaportsacco.co.ke

Frequently Asked Questions

What is the dividend rate at Mombasa Port SACCO?

Mombasa Port SACCO pays 14% dividends on share capital. This is above the industry average of 13%.

How do I join Mombasa Port SACCO?

Port workers and related maritime industry employees in Mombasa. You will need a national ID, passport photo, and the minimum monthly savings of KES 1,000/month.

What is the loan rate at Mombasa Port SACCO?

Mombasa Port 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 Mombasa Port 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 Mombasa Port SACCO compares to 55 other SACCOs

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