Unaitas Sacco Membership, Requirements, Savings, Loans, and Interest

Unaitas Sacco is one of the largest and most trusted savings and credit co-operatives in Africa. Licensed by the Sacco Societies Regulatory Authority (SASRA), it has grown into a financial powerhouse since its humble beginnings in 1993. With assets worth over Ksh 22.7 billion, Unaitas offers affordable loans, flexible savings products, and investment opportunities to individuals, groups, and companies. Many Kenyans join to enjoy reliable financial services, attractive interest rates, and the sense of community that a co-operative provides. Whether you are an individual looking for personal financial growth, a business owner in need of capital, or a group aiming to invest, Unaitas Sacco provides flexible solutions tailored to your needs. [Photo: Courtesy]

Understanding Unaitas Sacco

Unaitas Sacco began in 1993 as Murang’a Tea Growers Sacco, created by farmers who wanted to save together and access affordable credit. In 2007, it rebranded to Muramati Sacco, opening its doors to entrepreneurs and salaried employees. To reflect its growing vision, the Sacco adopted the name Unaitas in 2012. Today, it serves members from all walks of life, offering modernized banking solutions and digital services. Unaitas was the first Sacco to automate its operations and expand its membership bond. Its mission is to empower members financially through savings, affordable credit, and investments.

Membership Requirements and Joining Process

Unaitas Sacco membership is open to both individuals and groups, including Chamas, registered associations, and companies. For individuals, requirements include:

• A valid Kenyan ID or passport
• A copy of KRA PIN
• Minimum purchase of 100 shares at Ksh 10 each (Ksh 1,000)
• Passport-size photo (taken at the branch)
• Proof of address if requested

For groups, requirements include:

• Certificate of registration or exemption
• Group constitution or by-laws
• Resolution authorizing account opening and signatories
• List of members and IDs with KRA PINs of officials
• Introduction letter where applicable
• Payment of registration fees depending on account type

Joining steps are simple:

1. Visit a Unaitas branch.
2. Submit the required documents.
3. Pay fees and buy shares.
4. Activate membership and access Sacco services.

This straightforward process allows Kenyans to become part of one of the fastest-growing co-operatives in the region.

Savings Options at Unaitas Sacco

Unaitas Sacco offers diverse savings accounts tailored to different needs. Biashara Current Account Perfect for entrepreneurs and SMEs. It has no ledger fees, no minimum balance, and unlimited access to funds. It supports cheque deposits and flexible withdrawals, making business operations easier. Children’s Savings Account Built for members below 18 years, this account encourages saving habits early. It requires a running balance of only Ksh 1,000, pays interest, and allows three withdrawals per year. Timiza Savings Account This account is flexible, with no ledger fees or minimum balance. It allows regular access to savings, loan eligibility, and cheque deposits. Sacco Deposit Account A locked account ideal for long-term savings and loan security. Members deposit at least Ksh 200 monthly, enjoy good interest rates, and can withdraw with a three-month notice. These savings products are designed to promote financial discipline and growth for both individuals and groups.

Loan Options and Interest Rates

Unaitas Sacco provides a wide range of loan products to suit farmers, salaried employees, business owners, and groups. Personal Loans Available to civil servants and employees in companies with a Unaitas MOU. Borrow up to Ksh 5 million unsecured and repay over 96 months. Imarika Loan Designed for livestock farmers, covering dairy, poultry, aquaculture, and more. Members can borrow up to Ksh 300,000, secured against their farming projects. Maono Loan Ideal for group members engaging in income-generating projects. Offers unsecured loans of up to Ksh 300,000, with flexible repayment terms of up to 36 months. Insurance Premium Financing Helps members pay insurance premiums for vehicles, property, crops, and livestock in easy instalments over 10 months. Biashara Loan For business expansion or emergencies. Flexible repayment terms of up to 3 years, secured or unsecured, depending on the member’s choice. Mortgage Loans Finances purchase or construction of residential properties. Members can access up to 100% financing and repay over 15 years at affordable rates. Chama Account and Loans Designed for groups and Chamas. Members can save collectively, access investment opportunities, and borrow up to 12 times their savings with repayment terms of up to 60 months. Unaitas Sacco loans come with competitive interest rates, making them a better option compared to commercial banks. Members also benefit from quick approvals and flexible repayment schedules. Final Word Unaitas Sacco continues to stand out as a reliable financial institution for Kenyans seeking savings and affordable credit. Whether you are an individual looking for personal financial growth, a business owner in need of capital, or a group aiming to invest, Unaitas Sacco provides flexible solutions tailored to your needs. With simple membership requirements, attractive savings accounts, and a wide range of loan options, joining Unaitas Sacco is a smart financial decision for anyone planning for the future. https://www.youtube.com/watch?v=R5iYzAbAlNk