Capital Sacco: Branch, Financial Products, and Membership Guide

Overview

Founded in 1972 as a banking section of the Meru Farmers Co-operative Union Ltd., Capital Sacco initially served dairy and coffee society members in Meru. In 2005, it became an independent entity known as Meru Farmers Sacco, and in 2012, it rebranded to Capital Sacco to embrace a broader membership, including entrepreneurs, salaried individuals, institutions, youth, and children nationwide. With an asset base exceeding KES 4.49 billion, Capital Sacco is one of Kenya’s leading deposit-taking Savings and Credit Co-operative Societies. Its head office is located in Meru.

Membership Eligibility

Capital Sacco welcomes a diverse membership, including:

• Individuals aged 18 and above, of good character and sound mind
• Organizations, such as businesses or institutions
• Applicants who commit to a minimum share contribution

How to Join

To become a member, applicants must:

• Complete a membership application form
• Pay a one-time registration fee of KES 200
• Purchase a minimum of 30 shares at KES 100 each (total KES 3,000)

Forms are available at Capital Sacco branches or through their official channels.

Financial Products and Services

Capital Sacco offers a range of accounts, loans, and services tailored to meet the needs of its diverse membership.

Accounts

• Vijana Account: For young adults to encourage savings
• Current Account: For everyday transactions
• Bidii Account: For goal-oriented savings
• Ordinary Account: General-purpose savings
• Junior Account: For children to foster financial literacy
• Group Account: For chamas and collective savings
• Shared Deposit Account: For joint savings initiatives

Loans

• Agricultural Loans: For farming-related expenses
• Tea Bonus Plus Classic Loan: For tea farmers with bonus payouts
• Tea Picking Advance: Short-term financing for tea farmers
• Dairy Welfare Loan: For dairy farmers’ welfare needs
• Tea Bonus Plus Loan: Enhanced financing for tea farmers
• Coffee Development Loan: For coffee farming investments
• Maziwa Pesa Loan Dairy Advance: Quick funds for dairy farmers
• Tea Welfare Loans: For tea farmers’ personal needs
• Coffee Advance: Short-term financing for coffee farmers
• Kilimo Tosha Loans: For general agricultural support
• Business Loans: For entrepreneurs and small businesses
• Development Loan: For long-term personal or business growth
• Bodaboda Loan: For motorcycle operators
• Micro Credit Loan: For small-scale financing needs
• Business Advance Loan: Quick funds for business operations

Services

• Mobile banking for convenient access
• Cheque book issuance
• Agency banking for extended reach
• VISA-branded ATM cards
• Safeguarding of funds
• Salary and pension processing
• Standing orders for automated payments
• ATM services for cash access
• Sale of bankers’ cheques

Branch Network and Contacts

Capital Sacco operates 14 branches across Kenya to serve its members effectively:

1. Head Office
   Location: Meru
   Contact: 0708 843 287
   Email: [email protected]
2. Gatimbi Branch
   Contact: 0703 766 016
3. Githongo Branch
   Contact: 0703 770 743
4. Kionyo Branch
   Contact: 0703 769 848
5. Mitunguu Branch
   Contact: 0703 769 460
6. Chaaria Branch
   Contact: 0703 770 696
7. Nairobi Branch
   Contact: 0729 267 393
8. Kanyakine Branch
   Contact: 0703 770 760
9. Nkubu Branch
   Contact: 0703 770 361
10. Kiangua Branch
    Contact: 0703 770 606
11. Timau Branch
    Contact: 0703 766 521
12. Kinoro Branch
    Contact: 0703 769 039
13. Kibirichia Branch
    Contact: 0703 766 534
14. Igoji Branch
    Contact: 0703 770 739

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