Overview
Founded on February 10, 1977, with 674 members and a share capital of KES 56,000, Noble Sacco has grown into a leading deposit-taking Savings and Credit Co-operative Society in Kenya. As of 2025, it serves 12,000 members with an asset base of KES 3.19 billion. Headquartered on Ronald Ngala Street next to Co-operative Bank in Eldoret, Noble Sacco offers a range of financial products through its Back Office Service Activity (BOSA), Front Office Service Activity (FOSA), and mobile banking services to support members’ economic goals.
Who Can Join?
Noble Sacco welcomes all Kenyan citizens, making membership accessible to individuals from diverse backgrounds. Whether employed, self-employed, or part of a group, anyone can join by meeting the Sacco’s straightforward requirements.
Membership Requirements
To become a member of Noble Sacco, applicants must:
- Complete a membership application form, available for download on the Sacco’s website or at its offices
- Pay a one-time membership fee of KES 500
- Contribute a monthly share amount, set at 10% of basic salary for those under a check-off system, with a minimum of KES 1,500
- Maintain an active account with regular transactions across FOSA, BOSA, or microfinance sections
- For employed members, provide a payslip to demonstrate loan repayment capacity
- Note: Loans are granted based on a member’s shares, with a multiplier of three times the share amount
Membership Benefits
Joining Noble Sacco provides access to:
- A variety of savings and loan products tailored to personal, educational, and business needs
- Competitive financial services to build wealth and achieve financial stability
- Convenient mobile banking through M-Noble for seamless transactions
- A supportive community focused on economic empowerment
- Flexible loan options with favorable terms based on savings contributions
Financial Products and Services
Noble Sacco offers a comprehensive suite of products across BOSA, FOSA, and mobile banking.
BOSA Products
- Emergency Loan: For urgent financial needs
- Super Development Loan: For large-scale personal or business projects
- Refinancing Loan: To restructure existing loans
- College/Fees Loan: To cover educational expenses
- Karibu Loan: Welcoming loan for new members
- Development Loan: For long-term growth initiatives
- Normal Loan: General-purpose financing
FOSA Products
- Salary Advance: Quick funds for salaried members
- Short-Term Advance: For immediate, small-scale needs
- Agribusiness Advance: For agricultural ventures
- Long-Term Salary Advance: Extended financing for salaried members
- Super Salary Advance: Enhanced salary-based credit
- Supreme Advance: Premium advance product
- Loan Advance: To support loan-related needs
- Loan Clearance Advance: To settle outstanding loans
- Refund Advance: For anticipated refunds
- Welfare Advance: For personal welfare expenses
- Shares Boosting Advance: To increase share contributions
- Cheques Advance: For cheque-based transactions
- Group Microfinance: For collective borrowing by groups
- Inuka Microfinance: For small-scale entrepreneurial financing
Mobile Money Services (M-Noble Banking)
- M-Noble Banking: Allows FOSA account holders to transfer funds to M-Pesa conveniently
- Conditions:
- Must have an active FOSA account
- Register at the Sacco’s ICT office at the head office
- Set a personal PIN after receiving a default PIN from the Sacco
Contact Information
For inquiries or to start your membership journey, contact Noble Sacco:
Head Office: Ronald Ngala Street, Next to Co-operative Bank, Eldoret
Contacts: 0707 559 535 / 0105 119 848
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