This article focuses on Ukulima Sacco membership eligibility and requirements. From a humble beginning in 1972, Ukulima Sacco was registered as a Co-operative Savings & Credit Society and started operations under the certificate of registration number CS2026.
The Sacco has an asset base of Kshs 14.66 billion, with a membership of more than 47,000 people. It is a national Sacco with its headquarters in Nairobi and FOSA branch networks in Kisumu, Mombasa, Eldoret, Embu, Nakuru, Kisii and Kakamega.
Ukulima Sacco Membership Eligibility
1. Individuals working with;
- National government.
- County government.
- Educational institutions.
- Parastatals.
- Government agencies.
- Private companies.
2. Corporates
- Private companies.
- Public companies.
- Clubs.
- Partnership business.
- Co-operative societies.
- Groups/ chamas such as self help.
Ukulima Sacco Membership Requirements/ Process
(a). Individual Membership
- Complete membership application form. It can be downloaded from the Sacco’s website.
- Attach a copy of National ID and valid Kenyan passport.
- Attach coloured passport size photograph.
- Attach latest payslip (if applicable).
- Attach a copy of KRA PIN.
- Joining fee of Kshs 1,000.
- Minimum monthly contribution of Kshs 2,000.
(b). Diaspora Membership
(i). Individual Diaspora Membership
- Complete individual diaspora membership application form.
- Attach valid Kenyan passport.
- Attach a coloured passport size photograph.
(ii). Joint Diaspora Membership
- Complete joint diaspora membership application form.
- Attach valid Kenyan passport for all applicants.
- Attach coloured passport size photograph for all applicants.
(iii). Group Diaspora Membership
- Complete group diaspora membership form.
- Attach minutes of the group’s meeting resolving to join the Sacco.
- Attach the group’s constitution.
- Attach copies of valid Kenyan passport and coloured passport size photographs and authorised signatories.
- Attach a copy of group’s registration certificate.
Membership Benefits
- Favourable interest rates on loans.
- Instant mobile loans.
- Short loan process turnaround time.
- High annual dividends on shares and interest on deposits.
- Investment opportunities in fixed deposits, land and property.
Ukulima Sacco Contacts
Head Office: Ukulima Co-operative House, Haile Selassie Avenue, Off Parliament Road, Red Cross Lane, Nairobi.
Contacts: 020 278 5000/ 0111 035 600.
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