Overview
Home Business Sacco, originally established in 1999 as Ndunyu Self Help Group, is a deposit-taking Savings and Credit Co-operative Society based in Nyahururu, Kenya. With an asset base exceeding KES 0.27 billion, the Sacco has grown to serve a diverse membership, offering accessible financial products to promote economic empowerment. Regulated by the Sacco Societies Regulatory Authority (SASRA), Home Business Sacco provides a range of loan, savings, and banking services, with its head office located at Tek Bizz Centre, Koinange Street, Nyahururu Town.
Membership Eligibility and Requirements
Home Business Sacco welcomes all Kenyans to join, fostering inclusivity across various professions and backgrounds. To become a member, applicants must:
- Complete a membership registration form, available at Sacco branches or online
- Submit a copy of a National ID
- Pay a one-time, non-refundable registration fee of KES 500
This straightforward process ensures accessibility for individuals seeking to improve their financial well-being.
Membership Benefits
Joining Home Business Sacco offers:
- Affordable loans tailored for business, education, and emergency needs
- Flexible savings accounts to build wealth
- Specialized microleasing options for agriculture and transport
- Convenient banking services, including mobile banking and agency partnerships
- Financial empowerment through competitive products and community-focused support
Financial Products and Services
Home Business Sacco provides a comprehensive suite of loan products, savings accounts, and additional services to meet members’ diverse needs.
Loan Products
- Normal Loan: General-purpose financing
- Emergency Loan: For urgent financial needs
- Education Loan: To cover school fees and educational expenses
- Business Machinery Microleasing: Financing for business equipment
- Beekeeping Microleasing: Support for beekeeping ventures
- LPO Financing: For fulfilling local purchase orders
- Commercial Transport Microleasing: For transport-related assets
- Livestock Microleasing: Financing for livestock farming
- Farming Equipment Microleasing: For agricultural tools
- Greenhouse Equipment: Financing for greenhouse farming
- Loan Against Fixed Deposits: Credit secured by fixed deposit savings
Savings Products
FOSA Savings Products
- Ordinary Savings Account: Everyday savings for all members
- Fixed Deposit Account: High-yield savings with fixed terms
- Home Business Junior Account: Savings for children
- Salary Account: For salaried employees
BOSA Savings Products
- Normal Deposits: General savings for loan eligibility
- Holiday Savings: For vacation or festive expenses
- Normal Shares: Member ownership investment, earning dividends
Services
- Banking Services: Standard banking operations
- Sacco Agency: Branch-like services through agents
- CRB Agency: Credit reference bureau services
- Insurance Services: Financial protection options
- Cooperative Bank Agency: Partnership for enhanced banking access
Branch Network and Contacts
Home Business Sacco operates six branches in Nyahururu and surrounding areas to serve its members:
- Head Office
Location: Tek Bizz Centre, Koinange Street, Opposite Spear Supermarket, Nyahururu Town
Phone: 0723 776 530
Email: [email protected] - Sipili Branch
Location: Sipili, Nyahururu
Phone: 0742 689 539 - Rumuruti Branch
Location: Rumuruti, Nyahururu
Phone: 0743 802 281 - Kinamba Branch
Location: Kinamba, Nyahururu
Phone: 0742 817 055 - Jebi Branch
Location: Jebi, Nyahururu
Phone: 0743 802 283 - Oljororok Branch
Location: Oljororok, Nyahururu
Phone: 0110 007 181
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