Taraji Sacco Membership Eligibility & Requirements

This article focuses on Taraji Sacco membership eligibility and requirements. Taraji Sacco was formed in 1978 by about 100 teachers with the aim of mobilising resources, to provide affordable financial products & services thus uplifting thrift amongst its members.

The Sacco has since grown to heights, embracing its core values of fairness, honesty, accountability and team work to achieve its objectives.

With an asset base of 0.77 billion, Taraji is one of the largest deposit-taking Saccos in Kenya.

Taraji Sacco Membership Eligibility

  • TSC employees. ( Teachers in and out of Siaya County).
  • Board of governors employees.
  • Ministry of health employees.
  • County government employees.
  • ECD teachers.
  • Ministry of water employees.
  • Registered groups.
  • Individual members of the general public.

Taraji Sacco Membership Requirements

  • Fill a membership application form which is available on the Sacco’s website or can be obtained from the Sacco’s offices.
  • Membership fee of Kshs 500.
  • Copy of National ID.
  • A copy of payslip (if applicable).

Taraji Sacco Products

1. Savings Products

  • Excel saving scheme.
  • Christmas furaha.
  • Monthly savings deposits.
  • Co-operative savings.
  • Medicare savings.
  • Bakisha savings.
  • Share capital.
  • Fixed deposit.
  • Toto poa savings account.
  • Risk contribution.
  • Microfinance savings.

2. BOSA Loan Products

  • Premier loan.
  • Development loan.
  • Karibu loan.
  • School fees loan.
  • College fees loan.
  • Almasi loan.
  • Emergency loan.
  • Super emergency loan.

3. FOSA Loan Products

  • FOSA special loan.
  • FOSA quick serve.
  • FOSA development loan.
  • Shujaa loan.
  • Salary advance.
  • Super advance.
  • FOSA flex.
  • FOSA jiinue loan.
  • M-chap chap loan.
  • FOSA jipange loan.

4. Micro-credit Loan Products

  • Imarisha biashara loan.
  • Boda boda loan.
  • Micro elimu loan.
  • Micro emergency loan.
  • Bakisha loan.

Other Services

  • Cheque clearance.
  • Sale of banker’s cheque.
  • Custodial services.
  • Short message service.
  • M-sacco.
  • Safaricom paybill ( Number- 926500).
  • Electronic funds transfer.

Taraji Sacco Branches

1. Head Office

Location: Siaya Teachers Plaza, Oginga Odinga Road, Siaya Town.

Contacts: 0733 409 744/ 0792 895 663.

2. Ugunja Branch

Location: KCB Building, Along Ugunja-Busia Road.

Contact: 0746 386 078.

3. Bondo Branch

Location: Jenoh Plaza, Opposite Kenya Women.

Contact: 0718 217 768.

Zack Abuyeka

I am the third eye.My duty is to keep you updated of the current trends and events happening round the globe.