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Boresha Sacco Membership Guide

by kevin Atamba
June 8, 2025
in Finance
Boresha Sacco

Boresha Sacco

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Boresha Sacco: Empowering Communities Since 1976

Established on 31st August 1976 by ten visionary members with KSh 60,000 in share capital, Boresha Sacco has grown into a formidable financial institution with:

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  • 75,389 members
  • KSh 6.89 billion in member savings
  • KSh 8.38 billion loan portfolio
  • KSh 9.90 billion asset base (as of December 2022)

Licensed by SASRA for deposit-taking, the Sacco specializes in providing accessible financial services to both banked and unbanked community members.


Membership Eligibility

1. Salaried Professionals

  • Teachers (TSC)
  • Civil servants (PSC)
  • County government employees
  • Pensionable institution staff
  • KNUT/NGO employees

2. Non-Salaried Individuals

  • Members’ families (spouses/children)
  • Entrepreneurs and SMEs
  • Farmers and artisan businesses
  • Youth/women groups

3. Corporate Entities

  • Registered businesses
  • Educational institutions
  • Community organizations
  • Investment groups

Membership Requirements

Prospective members must provide:

  1. Completed application form
  2. Passport-sized photograph
  3. National ID copy
  4. KSh 500 membership fee

Financial Products & Services

A. BOSA Loan Products

1. New Member Introductory Loan

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  • For newly recruited salaried members
  • 1% mandatory monthly savings (minimum KSh 2,000)

2. Development Loan

  • 3x savings multiplier
  • 72-month repayment period

3. Education Loan

  • School/college fee financing
  • 12-month repayment term

4. Emergency Loan

  • Daily disbursement
  • 12-month repayment

B. FOSA Services

Premium Salary Advance

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  • Up to 4x monthly net salary (max KSh 120,000)
  • Requires 2 months salary history through FOSA

Why Choose Boresha Sacco?

  1. Inclusive Membership
    • Serves diverse professional and community groups
  2. Competitive Loan Terms
    • Favorable multipliers and repayment periods
  3. Financial Accessibility
    • Special products for emergency needs
  4. Regulatory Compliance
    • Fully licensed by SASRA

Contact Information

Head Office:
Mwalimu Plaza, Eldama Ravine

Customer Service:
0720 200 689


Key Benefits for Members:

  • Specialized loan products for education and development
  • Flexible membership categories
  • Strong financial foundation with KSh 9.9 billion assets
  • Community-focused financial solutions

READ MORE: Metropolitan National Sacco: Complete Branch Network & Contacts

Tags: Boresha SaccoDeposit-taking Sacco KenyaFinancial cooperativesSASRA-regulated SaccosTeachers Sacco Kenya
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