Safaricom Sacco: Empowering Members Since 2001
Established to enhance members’ economic standing, Safaricom Sacco has grown into a KSh 8 billion asset financial institution offering:
- Competitive loan products
- Flexible savings plans
- Corporate financial solutions
Originally serving Safaricom employees, it now welcomes members from 100+ corporations across Kenya.
Membership Eligibility
Who Can Join?
- Safaricom Ltd employees
- Spouses and adult children (18+) of existing members
- Individuals introduced by current members
- Employees from partner corporations
Membership Requirements
A. Individual (Alpha) Membership
- Financial Commitments:
- KSh 1,000 registration fee
- Minimum KSh 3,000 monthly savings
- KSh 40,000 share capital (12-month payment plan available)
- Loan Eligibility:
- 6 months consistent savings (long-term loans)
- 3 months savings (short-term loans)
- Payment Methods:
- Standing orders
- Payroll deductions
- MPesa deposits
B. Group Memberships
1. Corporate Accounts
- KSh 2,000 registration
- KSh 5,000 monthly minimum deposit
- Up to KSh 3M loan facility
2. SME Accounts
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- Similar to corporate requirements
- KSh 1,000 minimum shares
3. Investment Groups (Chamas)
- 20% deposit required for loans
Key Features & Benefits
- Flexible Financing
- Tiered loan products based on membership duration
- Corporate Partnerships
- Services for 100+ companies
- Digital Convenience
- Multiple deposit channels including MPesa
- Financial Growth
- Share capital builds ownership equity
Contact Information
Physical Address:
Safaricom Care Centre (SCC), 1st Floor
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Customer Service:
Phone: 0111 222 226
Why Choose Safaricom Sacco?
✅ Sector Expertise in corporate employee financing
✅ Progressive loan eligibility based on savings history
✅ Inclusive membership for families and groups
✅ Strong financial base with KSh 8 billion assets
For application forms or inquiries, visit the SCC office during working hours.
