Jamii Sacco is one of Kenya’s most established savings and credit societies. Founded in 1972 by civil servants in the Department of Social Services, it has grown to serve members from many sectors.
Today, it manages assets worth over Kshs 5.44 billion and offers a wide range of savings, loans, and investment products. Its mission is to mobilize savings and provide credit through innovative solutions, ensuring good returns and excellent customer service.
If you are thinking of joining, it is important to understand the Jamii Sacco membership eligibility and requirements so you can enjoy the many benefits it offers.
Understanding Jamii Sacco Membership Eligibility and Requirements
Jamii Sacco welcomes members from different professional and personal backgrounds. The Sacco also has clear requirements you must meet before joining. Knowing both eligibility and requirements will help you prepare and make your application process smooth.
Who Can Join Jamii Sacco
Jamii Sacco membership eligibility is broad, covering many sectors of society. You can join if you belong to any of these groups:
- Public service employees in different ministries.
- Staff from government ministries and parastatals.
- Employees of Jamii Sacco itself.
- Workers in government institutions such as the Kenya National Library or Women Enterprise Fund.
- Employees in private companies and non-governmental organisations.
- Self-employed individuals running their own businesses.
- Members of registered self-help groups and community-based organisations.
This wide eligibility ensures that almost anyone with a steady income or group membership can be part of the Sacco.
Membership Application Requirements
If you meet the eligibility criteria, you must also provide the required documents and payments before becoming a member. These include:
- A filled membership application form, available on the Sacco website, its offices, or from county delegates.
- Your original and photocopy of the National ID.
- A copy of your KRA PIN.
- Payment of an entrance fee of Kshs 1,000.
- A minimum monthly contribution of Kshs 3,300, which includes Kshs 300 for the Jamii Benevolent Fund.
- A minimum share capital of Kshs 20,000, payable in monthly installments of Kshs 500.
Meeting these requirements ensures that you can start saving, access loans, and take advantage of Sacco services.
Benefits of Jamii Sacco Membership
Joining Jamii Sacco offers several advantages to members:
- Attractive dividends on shares and interest on deposits.
- Competitive interest rates on different savings accounts, including the special deposit account.
- Larger savings qualify you for bigger loans.
- Access to short-term and long-term loans with fair interest rates.
- A variety of savings accounts designed to meet different financial goals.
These benefits make Jamii Sacco a strong choice for individuals looking for reliable savings and affordable credit.
Jamii Sacco Products and Services
Jamii Sacco offers different products to meet the needs of its members.
Loan Products
- School fees loan.
- Development loan.
- Emergency loan.
- M-cash loan.
- Jaza top-up loan.
FOSA Savings Products
- Sawa savings account.
- Junior savings account.
- Golden savings account.
- Special deposit account.
- Holiday savings account.
Other Services
- Asset finance products.
- Jamii housing scheme.
- Share capital investments.
- Technology-based services.
- Insurance loan for premium payments.
Jamii Sacco Contact Information
Head Office: Jamii Sacco Court, Mukenia Road, South B, Nairobi, next to Mater Hospital.
Contacts: 0715 961 545 / 0712 852 762
