Nyala Vision SACCO
A transport-sector SACCO serving matatu operators and fleet owners with vehicle financing and business loans.
💰 Savings Products
📋 Loan Products
✨ Features & Services
📝 How to Join Nyala Vision SACCO
Eligibility
Transport sector workers including matatu operators, drivers, and fleet owners
Steps to Join
- Visit the nearest Nyala Vision 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 Nyala Vision SACCO?
Nyala Vision SACCO pays 11% dividends on share capital. This is around the industry average of 13%.
How do I join Nyala Vision SACCO?
Transport sector workers including matatu operators, drivers, and fleet owners. You will need a national ID, passport photo, and the minimum monthly savings of KES 500/month.
What is the loan rate at Nyala Vision SACCO?
Nyala Vision SACCO offers loans at 14% p.a. reducing balance. Members can borrow up to 2x savings (2x their savings).
How much can I borrow from Nyala Vision SACCO?
You can borrow up to 2 times your total savings. For example, with KES 500,000 in savings, you could borrow up to KES 1,000,000.
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