Chai Sacco: Branch, Financial Products, and Membership

Overview

Since its inception in 1973, Chai Sacco has been a cornerstone of economic, social, and financial empowerment for its members, offering tailored financial services to meet diverse needs. As a leading deposit-taking Savings and Credit Co-operative Society in Kenya, regulated by the Sacco Societies Regulatory Authority (SASRA), Chai Sacco boasts an asset base exceeding KES 4.34 billion. Headquartered at KTDA Plaza on Moi Avenue in Nairobi, the Sacco serves a wide membership base through its extensive branch and satellite office network.

Membership Profile

Chai Sacco’s membership is inclusive, drawing from various sectors, including:

• Employees of Kenya Tea Development Agency (KTDA) and its affiliates
• Business owners and entrepreneurs
• Women’s groups, youth groups, self-help groups, and community-based organizations
• Farmers
• Employees of private companies, NGOs, and national and county governments
• Kenyans living in the diaspora

Financial Products and Services

Chai Sacco offers a robust portfolio of credit and savings products designed for flexibility, affordability, and member value, catering to both immediate and long-term financial goals.

Credit Products

Chai Sacco’s loan offerings address a variety of needs, from emergencies to planned investments, including:

• Main Loan: General-purpose financing
• Super Loan: Enhanced loan for larger needs
• Vision Loan: For long-term aspirations
• School Fees Loan: To cover educational expenses
• Asset Finance: For acquiring assets like vehicles or equipment
• Mifugo Loans: For livestock-related needs
• Chai Fama Advance: Quick financing for farmers
• Golden Loan: Premium loan product
• Investment Loan: For business or wealth-building ventures
• Jeki Loan: Flexible short-term credit
• College or University Loan: For higher education costs
• Chai Fama Loan: Tailored for agricultural producers
• E-Loans: Digital loan access
• Kilimo Advance Loan: For farming inputs
• Deposit Cover: To secure savings-backed loans
• Emergency Loan: For urgent financial needs
• Product Loan: For specific purchases or projects

Savings Products

Chai Sacco provides a range of savings accounts to suit different financial goals:

• Share Capital: Member ownership investment
• Member Deposit: General savings with refundable options
• Savings Account: Flexible everyday savings
• Chai Angels Junior Account: For children’s savings
• Chai Premier Holiday Account: For vacation or festive planning
• Fixed Deposit Account: High-yield investment savings
• Chai Fama Savings Account: For farmers’ transactional needs

Branch Network and Contacts

Chai Sacco operates six branches and seven satellite offices across Kenya to ensure accessibility for its members.

Branches

1. Head Office
   Location: KTDA Plaza, 4th Floor, Moi Avenue, Nairobi
   Contact: 0709 808 100
   Email: [email protected]
2. Nairobi Branch
   Location: KTDA Plaza, Ground Floor, Tom Mboya Street, Nairobi
   Contact: 0709 808 102
   Email: [email protected]
3. Mombasa Branch
   Location: MKU Plaza, Ground Floor, Nkurumah Road, Mombasa
   Contact: 0709 808 165
   Email: [email protected]
4. Litein Branch
   Location: Next to Bureti Book Centre, Litein
   Contact: 0709 808 158
   Email: [email protected]
5. Kisii Branch
   Location: Kwanza Place, 1st Floor, Kisii
   Contact: 0709 808 180
   Email: [email protected]
6. Nkubu Branch
   Location: Next to Equity Bank, Nkubu
   Contact: 0709 808 182
   Email: [email protected]

Satellite Offices

1. Olenguruone Satellite Office
   Contact: 0709 808 163
2. Silibwet Satellite Office
   Contact: 0709 808 159
3. Othaya Satellite Office
   Contact: 0709 808 213
4. Kutus Satellite Office
   Contact: 0709 808 211
5. Kangari Satellite Office
   Contact: 0708 808 215
6. Kapsabet Satellite Office
   Contact: 0709 808 230
7. Nyamira Satellite Office
   Contact: 0709 808 217

RELATED TOPIC: Chai Sacco: Eligibility, Requirements, and Member Benefits