Safaricom SACCO
An employer-based SACCO for Safaricom staff, known for excellent technology integration and competitive rates. Ranked top in technology optimization.
💰 Savings Products
📋 Loan Products
✨ Features & Services
📝 How to Join Safaricom SACCO
Eligibility
Safaricom employees and subsidiary staff only
Steps to Join
- Visit the nearest Safaricom 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 2,000/month)
- Receive your membership number and start saving
Frequently Asked Questions
What is the dividend rate at Safaricom SACCO?
Safaricom SACCO pays 14% dividends on share capital. This is above the industry average of 13%.
How do I join Safaricom SACCO?
Safaricom employees and subsidiary staff only. You will need a national ID, passport photo, and the minimum monthly savings of KES 2,000/month.
What is the loan rate at Safaricom SACCO?
Safaricom SACCO offers loans at 10% p.a. reducing balance. Members can borrow up to 4x savings (4x their savings).
How much can I borrow from Safaricom SACCO?
You can borrow up to 4 times your total savings. For example, with KES 500,000 in savings, you could borrow up to KES 2,000,000.
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Compare All SACCOs in Kenya
See how Safaricom SACCO compares to 55 other SACCOs