About Taraji Sacco
Founded in 1978 by a group of 100 visionary teachers, Taraji Sacco began with a simple mission: to mobilize resources and provide affordable financial solutions that would empower its members. Over four decades later, the Sacco has grown exponentially while maintaining its core values of fairness, honesty, accountability, and teamwork.
Today, Taraji Sacco boasts:
- An impressive asset base of Kshs 770 million
- Recognition as one of Kenya’s leading deposit-taking Saccos
- A diverse membership base beyond its original teacher founders
Membership Eligibility
Taraji Sacco welcomes:
- Teachers Service Commission (TSC) employees (both within and outside Siaya County)
- Board of Governors employees
- Ministry of Health staff
- County government employees
- Early Childhood Development (ECD) teachers
- Ministry of Water employees
- Registered groups and organizations
- Individual members from the general public
Membership Requirements
Joining is straightforward:
- Complete the membership application form (available online or at any branch)
- Pay a one-time membership fee of Kshs 500
- Provide a copy of your National ID
- Submit a recent payslip (for salaried applicants)
Financial Products & Services
1. Savings Products
- Excel Saving Scheme – High-yield savings plan
- Christmas Furaha – Festive season savings
- Monthly Savings Deposits – Regular savings option
- Toto Poa Account – Children’s savings
- Fixed Deposits – Higher interest earnings
- Microfinance Savings – For small-scale investors
2. Loan Products
Back Office Service Activity (BOSA) Loans
- Premier Loan – Competitive rates for established members
- School Fees Loan – Education financing
- Emergency Loan – Quick financial assistance
Front Office Service Activity (FOSA) Loans
- Salary Advance – Short-term cash flow solution
- Shujaa Loan – Special benefits package
- M-Chap Chap – Instant mobile-based loans
Micro-Credit Loans
- Boda Boda Loan – Motorcycle financing
- Imarisha Biashara – Business growth funding
3. Additional Services
- Mobile Banking (M-Sacco) – 24/7 account access
- Paybill No. 926500 – Convenient mobile deposits
- Cheque Clearing – Secure transaction processing
- Electronic Funds Transfer – Seamless money movement
Branch Network
Head Office
Location: Siaya Teachers Plaza, Oginga Odinga Road, Siaya Town
Contacts: 0733 409 744 / 0792 895 663
Ugunja Branch
Location: KCB Building, Along Ugunja-Busia Road
Contact: 0746 386 078
Bondo Branch
Location: Jenoh Plaza, Opposite Kenya Women
Contact: 0718 217 768
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