GDC Sacco: Branch Network and Financial Products Overview

Overview

Founded in 2003 as a Back Office Service Activity (BOSA), GDC Sacco expanded its operations in 2006 by introducing Front Office Service Activity (FOSA). As one of Kenya’s leading deposit-taking Savings and Credit Co-operative Societies, GDC Sacco boasts an asset base exceeding KES 4.25 billion. Headquartered at GDC Sacco Plaza in Githunguri Town, the Sacco offers a diverse range of financial products to support its members’ personal, business, and institutional needs.

Financial Products

GDC Sacco provides a comprehensive portfolio of BOSA and FOSA products tailored to meet various financial goals.

BOSA Products

Credit Facilities

1. Long-Term Credit Facilities: For significant investments or projects.
2. Short-Term Credit Facilities: For immediate financial needs.
3. Specific Loan Products:

• Mazao Loan: For agricultural produce-related expenses.
• Ng’ombe Loan: For livestock farming needs.
• Jiunge na Mapato: For income-generating activities.
• Business Loan: For entrepreneurs and small businesses.
• Business Overdraft Loan: For short-term business liquidity.
• Salary Loan: For salaried members’ financial needs.
• Asset Finance: For acquiring assets like vehicles or equipment.

1. Advances & Instant Credit:

• Salary Advance
• Milk Advance
• Jiunge Advance
• Chai Advance
• Kahawa Advance

FOSA Products and Services

1. Savings Account: Ideal for salaries, pensions, crop payments, and personal savings.
2. Business Account: Offers unlimited withdrawals for business transactions.
3. Group Account: Designed for welfare groups, schools, hospitals, churches, and other institutions.
4. Minor Account: Encourages parents to save for their children’s future while teaching financial literacy.
5. Fixed Deposit Account: Provides competitive interest rates with a low minimum balance for investors.
6. Vijana Tumeamua Account: For young adults aged 18–28 to build savings habits.
7. Akiba Account: For holiday or long-term project savings with attractive annual interest.
8. Premier Savings Account: For long-term savings with high returns, withdrawable once yearly.
9. Diaspora Account: Tailored for Kenyans living and working abroad.
10. Corporate Account: For institutions and large organizations with specialized features.

Branch Network and Contacts

GDC Sacco operates six branches across Kenya to ensure accessibility for its members:

1. Head Office
   Location: GDC Sacco Plaza, Opposite Main Market, Githunguri Town
   Contacts: 0723 400 611, 020 201 5366
   Email: [email protected]
2. Ikinu Branch
   Location: Ikinu Shopping Centre, Along Nairobi-Githunguri Road
   Contacts: 0701 525 837, 020 807 8098
3. Githiga Branch
   Location: Githiga Shopping Centre
   Contacts: 0777 400 612, 020 260 8369
4. Kigumo Branch
   Location: Kigumo Shopping Centre
   Contacts: 0707 383 203, 020 241 6775
5. Kwa Maiko Branch
   Contacts: 0704 401 338, 020 232 2398
6. Maai Mahiu Branch
   Location: Maai Mahiu Town, Along Market Street
   Contacts: 0795 615 350, 041 224 7118

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