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Home » Washa Sacco: Membership, Loan & Savings Accounts Guide

Washa Sacco: Membership, Loan & Savings Accounts Guide

by kevin Atamba
June 11, 2025
in How to
Washa Sacco

Washa Sacco

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Washa Sacco: Reliable Financial Partner Since 1981

Established on January 8, 1981, Washa Sacco has grown from a small cooperative to serve over 1,600 members from diverse professional backgrounds. For over four decades, we have provided secure savings solutions and affordable credit facilities to help members achieve their financial goals.

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Membership Eligibility

Washa Sacco welcomes:

  • Employees of Aga Khan and affiliated companies
  • County government staff
  • Private sector employees
  • Small and medium business owners
  • Registered groups and welfare associations

Simple Membership Process

To join Washa Sacco, applicants need:

  1. Completed membership form
  2. Copy of National ID
  3. KRA PIN certificate
  4. One-time entrance fee of Kshs 1,000

Comprehensive Financial Solutions

FOSA Loan Products

  1. IDD/Christmas Loan
    • Amount: Up to Kshs 20,000
    • Processing: 24 hours
    • Repayment: 6 months
  2. Express Loan
    • Amount: Up to Kshs 200,000
    • Processing: 7 days
    • Repayment: 18 months
  3. Salary Advance
    • Amount: 50% of net salary
    • Instant processing
    • Monthly repayment
  4. Development Loan
    • Amount: Kshs 100,000-500,000
    • Processing: 7 days
    • Repayment: 30 months
  5. Business (Biashara) Loan
    • Amount: Up to Kshs 200,000
    • Processing: 7 days
    • Repayment: 12 months

BOSA Loan Products

  1. Emergency Loan
    • Amount: Up to Kshs 500,000
    • Processing: 24 hours
    • Repayment: 12 months
  2. School Fees Loan
    • Amount: Up to Kshs 500,000
    • Processing: 48 hours
    • Repayment: 12 months
  3. Fanikisha Loan
    • Amount: Up to Kshs 500,000
    • Processing: 24 hours
    • Repayment: 24 months

Savings Accounts

  1. Ordinary Savings
    • No fees or minimum balance
    • Salary processing available
  2. Fixed Deposit
    • Minimum: Kshs 40,000
    • Terms: 3-12 months
    • Interest: 9% p.a.
  3. Junior Savings
    • Minimum balance: Kshs 500
    • No ledger fees
  4. Group/Chama Accounts
    • No fees or minimum balance
    • Special withdrawal conditions

Why Choose Washa Sacco?

  • Quick Loan Processing: Some products approved in 24 hours
  • Flexible Repayment: Terms from 3-72 months available
  • Competitive Rates: Fixed deposits earn 9% interest
  • Diverse Membership: Serving employees and businesses

Contact Information

📍 Location: Ralli House, 3rd Floor, Nyerere Avenue, Opposite Biashara Building, Mombasa
📞 Phone: 0797 690 900 / 0732 525 224

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READ MORE: Smart Champions Sacco: Three Decades of Financial Excellence

Kencream Sacco: Membership, & Financial Services Guide 

Acumen Sacco: Membership, Products & Financial Solutions Guide

Top 20 Best Saccos to Join in Kenya

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List of Registered Deposit-Taking SACCOS in Kenya

Non‑Withdrawable Deposit‑Taking SACCOs in Kenya (2025)

List of Licensed Deposit‑Taking SACCOs in Kenya (2025)

Tags: Aga Khan employee SACCOMombasa financial servicessalary advance SACCOSME loans KenyaWasha Sacco
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