Happy new year 2014! I wish to welcome you to the new website of Naku Sacco Society Ltd. At Naku Sacco, we are continually seeking ways to increase the level of integration of Information and Communication Technology to the services offered. We recognize this as an essential step in attaining efficiency in our work.
The Sacco is in the process of overhauling the current MIS to a more robust core banking system that is more efficient, scalable and provides better security features for the Sacco operations.
The launch of an interactive version of the Sacco’s website is a step further in recognizing the need to maximize information technology capabilities in terms of promoting service delivery to our members who will be using our online system. read more...
The members are required to have the minimum share capital of Kes. 20,000. This share capital is not refundable but is transferable once a member wants to leave the Sacco.
The member must have the required share deposits which are multiplied three times for one to qualify for a loan.
The member requires to provide guarantorship on the loan applied. The Sacco may also request for additional security/collateral based on the amount applied.
The member should attach the following documents on application:
Share Capital represents a member’s ownership in the Sacco.
Each member is required to have a Share Capital account which is opened when one is admitted as a member.
Currently the minimum share capital is Kes. 20,000.
The share capital is not refundable but the member can transfer the shares to another member when leaving membership of the society.
Shares will earn dividends paid from net surplus every year.
Requirements for Membership
Fill and complete membership application form.
Attach two recent passport size photographs
Attach a copy of your national identity card/passport
Attach ksh.500 non refundable joining fee for new members; the said registration fee can also be deducted from the payslip on first contribution.
Upon withdrawal and member wishes to rejoin the Sacco, he can do so upon payment of rejoining fee of ksh 1,500.
To be updated.
Our Service Standards
We commit ourselves to:
Provide innovative, memorable and experience to our members, customers and delivery of our services.
We endeavor to serve our members efficiently with due diligence and professionalism.
Our members will be treated with courtesy and
As our valued customers, you have rights in Naku Sacco which include;