Overview
Founded in 1981 by employees of Kenya Pipeline Company as a welfare organization with fewer than 140 members, Kenpipe Sacco Society has grown into a robust deposit-taking Savings and Credit Co-operative Society. While its core membership still includes Kenya Pipeline Company staff, it has expanded to welcome a broader community. Kenpipe Sacco focuses on providing savings opportunities and affordable loans to enhance members’ financial well-being. Its head office is located in Nairobi’s Industrial Area, off Nanyuki Road.
Who Can Join?
Kenpipe Sacco offers membership to a diverse group, including:
- Employees of Kenya Pipeline Company and its subsidiaries, subject to compliance with the Sacco’s by-laws
- Individuals, institutions, or groups who meet the conditions outlined in the Sacco’s by-laws and membership policy
Membership Qualifications
To be eligible, applicants must:
- Align with the Sacco’s defined field of membership per its by-laws
- Be at least 18 years old (for individuals)
- Not engage in unregistered money lending or activities that conflict with the Sacco’s objectives
- Demonstrate good character
- Have a regular income from employment, business, trade, or other legitimate sources
- Accept the Sacco’s objectives, member obligations, and conditions as stated in the by-laws and membership policy
Membership Requirements
To join Kenpipe Sacco, applicants need to:
- Complete a membership application form, available on the Sacco’s website or at its offices
- Pay a one-time registration fee of KES 1,000
- Contribute an initial share capital of KES 2,000
- Submit copies of a National ID or passport and a KRA PIN certificate
Membership Benefits
Joining Kenpipe Sacco provides access to:
- Competitive savings products to build financial security
- Affordable loans tailored to various needs, from emergencies to long-term investments
- A member-focused financial institution with a commitment to economic empowerment
- Opportunities to grow wealth through consistent savings and dividends
Financial Products
Kenpipe Sacco offers a range of Front Office Service Activity (FOSA) and Back Office Service Activity (BOSA) loans, as well as savings products.
FOSA Loans
- Weekend Njema Loan: For short-term financial needs
- Salary Advance: Quick funds for salaried members
- FOSA Emergency Loan: For urgent expenses
- FOSA Okoa Loan: Flexible financing solution
BOSA Loans
- Taratibu Loan: Structured financing for planned needs
- Normal Loan: General-purpose loan
- Almasi Loan: Premium loan product
- Makao Loan: For housing-related expenses
- School Fees Loan: To cover educational costs
- Emergency Loan: For immediate financial relief
- Karibu Loan: Welcoming loan for new members
- Super Loan: For larger financial requirements
Savings Products
- Share Capital: Member ownership investment
- Ordinary Account: Flexible savings for daily needs
- KESASA Scheme: Specialized savings plan
- Group Account: For collective savings by groups or chamas
- Fixed Deposit Account: High-yield investment savings
Contact Information
For inquiries or to begin your membership journey, contact Kenpipe Sacco:
Head Office: Industrial Area, Off Nanyuki Road, Nairobi
Contacts: 0710 600 999 / 0735 700 971
READ MORE: GDC Sacco: Eligibility, Requirements, and Membership Guide
