This article focuses on Centenary Sacco membership eligibility and requirements. Centenary Sacco is a registered and licensed savings and credit cooperative which aims to offer affordable financial services and drive its members to economic prosperity.
The idea of having the society was first thought of in 1999 due to the need to have convenient, efficient and fast services. It was officially registered in 2003.
In 2009, the Sacco opened its first FOSA offices in Meru Town, along Meru- Nanyuki Road. It has other branches in Chuka, Kinoru, Mutuati and Marimanti.
The Sacco has seen its membership grow from 800 members in 2008 to over 30,000 members to date with an asset base of 1.32 billion.
Centenary Sacco Membership Eligibility
Anybody above 18 years is free to join the Sacco.
Centenary Sacco Membership Requirements
- Duly fill the membership application form which is available on the Sacco’s website or can be obtained from the Sacco’s offices or branches.
- Copy of National ID.
- Copy of KRA PIN certificate.
- Passport size photo.
Centenary Sacco Products
FOSA Services
(i). Savings Products
- Individual savings account.
- Salary account.
- Group/ institutional account.
- Jifunze junior account.
- Fixed deposit account.
(ii). FOSA Loans
- Salary loans.
- Salary advance.
- Kamua pesa loan.
- Vuna majani loan.
- Bonus/ coffee advance.
- Jifunze junior loan.
- Salary overdraft.
- Classic loan.
(iii). Utility Services
- Mpesa paybill services.
- Mobile banking services.
- ATM services and saccolink visa card.
- Personalised cheque books.
BOSA Services
(i). Loan Products
- Normal loan.
- Instant loan.
- Re-financing loan.
- Asset financing.
(ii). Group Loans
- Kumekucha loan.
- Pambazuka loan.
- Micro-credit loan.
- Mibubo loan.
Benefits of Joining Centenary Sacco
- The Sacco provides the best value for the members’ money.
- Low interest rates on loans.
- Competitive savings rates.
- The Sacco offers financial education and literacy training programs to members.
- 24/7 online/ mobile and phone support.
- Convenient access to your money.
Centenary Sacco Contacts
Head Office: Intercity Building, Along Meru-Nanyuki Highway, Meru Town.
Contacts: 064 3132 236/ 0715 467 290.
