List Of Nyala Vision Sacco Branches In Kenya

This is a list of Nyala Vision Sacco branches in Kenya. Nyala Vision Sacco was registered on 18th February 2010 under the Ministry of Co-operative and Marketing and allocated CS /No 12444.

Initially, it operates as a department of Nyala Dairy Multipurpose Co-operative Society and used to pay its members by the use of envelopes. Later the BOSA section was opened and members started saving money in terms of shares with an aim of getting financial assistance.

The Sacco being in line with Vision 2030 has the main objective of offering globally competitive financial services with high levels of saving and financing members’ investment needs.

The Sacco was licensed by SASRA in 2013. With an asset base of 0.76 billion, it is one of the largest deposit-taking Saccos in Kenya.

Membership

Membership is open to any person in Kenya. One just needs the original ID to open an account. The following can open accounts with the Sacco.

All farmers.
Groups ( youth, self-help, welfares, women).
Business people.
Institution and cooperative societies.
Pensioners.
Salaried persons.
Children through their parents.

Nyala Vision Sacco Products and Services

1. FOSA Products

Savings account.
Institution savings account.
Business savings account.
Fixed savings account.
Junior savings account.
Senior citizens savings account.

2. BOSA Products

Development loan.
Emergency loans.
School fees loan.
Micro-credit loan.
Asset finance.
Milk advance.
Salary advance.

3. Banking Services

M-banking.

4. Other Services

School fees and bankers cheque.
Cash transfers to other banks.
In-house cheque book.
Sacco link services.
Safe custody of title deeds, logbooks, insurance policies, marriage certificate and personal will provision.