About Suluhu Sacco
Suluhu Sacco, originally registered in 1995 as Mwingi Mwalimu Sacco Society under the Ministry of Co-operative Development and Marketing, has grown into one of Kenya’s leading deposit-taking Saccos. Regulated by the Sacco Societies Regulatory Authority (SASRA) under the Sacco Societies Act 2008, it boasts an asset base of Kshs 1.04 billion, offering secure and competitive financial solutions.
The Sacco’s mission is to mobilize resources efficiently and provide affordable, high-quality financial products to maximize member benefits through prudent management.
Who Can Join Suluhu Sacco?
Membership is open to:
- Primary and secondary school teachers
- Teachers Service Commission (TSC) staff
- Kenya National Union of Teachers (KNUT) employees
- BBF staff
- National and county government employees
- Civil servants
- NGO employees
- Private sector workers
- Business owners
Membership Requirements
To become a member, applicants must:
- Complete a membership application form.
- Provide a copy of their National ID.
- Fill a nomination form (to designate a next of kin).
Once registered, members can save through:
- Check-off system (direct salary deductions)
- Over-the-counter cash deposits
- Bank standing orders
- M-Pesa Paybill No. 737816
Financial Products & Services
Loan Products
Front Office Service Activity (FOSA) Loans
- Instant FOSA Loan – Quick access to funds.
- Special Loan – Tailored for unique financial needs.
- Salary Advance Loan – Short-term cash relief.
- Kilimo Loan – Financing for agricultural projects.
- Emergency Salary Advance – Urgent financial support.
Back Office Service Activity (BOSA) Loans
- Normal Loan – Standard borrowing facility.
- Preferential Loan – Lower interest for loyal members.
- Fanaka Loan – Business and personal development financing.
- School Fees Loan – Education support.
- Suluhu Imarika Loan – Flexible repayment terms.
- Business Plan Loan – Funding for entrepreneurs.
- Emergency Loan – Fast disbursement for urgent needs.
Seasonal Products
- Top Tanks – Water storage financing.
- Motorbikes – Asset financing for boda-boda operators.
Savings Products
FOSA Savings
- FOSA Savings Account – Standard savings.
- Junior Account – For young savers.
- Joint/Group/Corporate Account – Shared savings.
- Fixed Deposit Account – Higher interest earnings.
- Christmas Account – Holiday savings plan.
BOSA Savings
- Share Capital – Member ownership stake.
- Normal Shares – Dividend-earning investments.
- Jipange Retirement Scheme – Long-term savings.
- Sinking Fund – Future financial security.
Additional Services
- M-Pesa transactions
- Saccolink ATM card (withdrawals & payments)
- Salary processing
- Cheque clearing
- Mobile banking (M-Banking)
Contact Information
Head Office: Suluhu Sacco Plaza, Mwingi Town (Opposite IEBC Office, Kyuso Road).
Phone: 0712 878 475 / 0794 056 489 / 0797 621 555
READ MORE:Tabasamu Sacco: Membership Eligibility, and Financial Services
