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Nation SACCO

Employer-BasedEst. 1978ยทNairobi Countyยท2 branches

An employer-based SACCO known for exceptional 20% dividend payout on shares and 11% interest on deposits.

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20%
Dividend Rate
12%
Loan Rate (p.a.)
3x
Loan Multiplier
5,000+
Members

๐Ÿ’ฐ Savings Products

Savings RateUp to 11%
Minimum SavingsKES 1,000/month
Dividend Rate20%
Total AssetsKES 5.2B

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
School fees loans
FOSA services
Insurance

๐Ÿ“ How to Join Nation SACCO

Eligibility

Nation Media Group employees and associated companies

Steps to Join

  1. Visit the nearest Nation 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: NairobiWebsite: www.nationsacco.coop

Frequently Asked Questions

What is the dividend rate at Nation SACCO?

Nation SACCO pays 20% dividends on share capital. This is above the industry average of 13%.

How do I join Nation SACCO?

Nation Media Group employees and associated companies. You will need a national ID, passport photo, and the minimum monthly savings of KES 1,000/month.

What is the loan rate at Nation SACCO?

Nation 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 Nation 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 Nation SACCO compares to 55 other SACCOs

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