Overview
Founded in 1972 by civil servants from the Department of Social Services, Jamii Sacco is a prominent deposit-taking Savings and Credit Co-operative Society in Kenya. With an asset base of KES 5.44 billion, it ranks among the country’s largest Saccos. Jamii Sacco is committed to mobilizing savings and providing innovative credit solutions to deliver optimal returns and an exceptional member experience. Its head office is located at Jamii Sacco Court on Mukenia Road in South B, Nairobi, next to Mater Hospital.
Who Can Join?
Jamii Sacco welcomes members from diverse sectors, including:
- Public service employees
- Staff of government ministries and parastatals (e.g., Kenya National Library, Women Enterprise Fund)
- Jamii Sacco employees
- Workers in private companies and NGOs
- Self-employed individuals
- Registered self-help groups and community-based organizations
Membership Requirements
To join Jamii Sacco, applicants must:
- Complete a membership application form, available on the Sacco’s website, at its offices, or through county delegates.
- Provide an original and copy of a National ID.
- Submit a copy of a KRA PIN certificate.
- Pay a one-time entrance fee of KES 1,000.
- Contribute a minimum monthly amount of KES 3,300 (including KES 300 for the Jamii Benevolent Fund).
- Build a minimum share capital of KES 20,000, payable in monthly installments of KES 500.
Membership Benefits
Members of Jamii Sacco enjoy a range of financial advantages, including:
- Attractive dividends on shares and interest on deposits
- Competitive interest rates on special deposit and savings accounts
- Access to larger loans based on higher savings
- Short- and long-term loans with favorable rates
- A variety of savings accounts tailored to individual needs
Financial Products
Jamii Sacco offers a diverse portfolio of loan and savings products to support members’ financial goals.
Loan Products
- School Fees Loan: For educational expenses.
- Development Loan: For long-term personal or business growth.
- Emergency Loan: For urgent financial needs.
- M-Cash Loan: Quick mobile-based credit.
- Jaza Top-Up Loan: Additional financing for existing borrowers.
FOSA Savings Products
- Sawa Savings Account: Flexible savings for everyday needs.
- Junior Savings Account: For young savers under 18.
- Golden Savings Account: High-yield savings for long-term goals.
- Special Deposit Account: Premium savings with competitive returns.
- Holiday Savings Account: For vacation and festive planning.
Other Products and Services
- Asset Finance Product: For acquiring assets like vehicles or equipment.
- Jamii Housing Scheme: Support for home ownership.
- Share Capital: Investment in the Sacco’s growth.
- Tech-Based Services: Digital banking solutions.
- Insurance Loan (Premium Product): Financing for insurance premiums.
Contact Information
For inquiries or to start your membership journey, contact Jamii Sacco:
Head Office: Jamii Sacco Court, Mukenia Road, South B, Nairobi (next to Mater Hospital)
Contacts: 0715 961 545 / 0712 852 762
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