Wanandege Sacco Membership Eligibility & Requirements

This article focuses on Wanandege Sacco membership eligibility and requirements. Wanandege Savings and Credit Co-operative Society was founded and registered on 22nd June 1977 under the Co-operative Societies Act, Cap 490 B, to do deposit-taking business.

The Sacco is regulated and supervised by SASRA and is one of the largest deposit-taking Saccos in Kenya with an asset base of 1.66 billion.

Wanandege Sacco Membership Eligibility

The Sacco draws its membership from;

  • Employees of Kenya Airways and other related companies in the aviation industry.
  • Other non-aviation related companies and groups/ individuals in business.

Wanandege Sacco Membership Requirements

  • Registration fee of Kshs 2,000.
  • Filled application form which can be downloaded from the Sacco’s website or obtained from its offices.
  • 1 passport size photograph.
  • Purchase share capital of Kshs 10,000 (can be paid in installments).
  • Original National ID/ Passport.
  • KRA PIN certificate.
  • Monthly contribution of Kshs 2,000.

Wanandege Sacco Products

1. Short-term Loans

  • Airlift loan.
  • Bash loan.
  • Dividend advance.
  • Long term advance.
  • Pride advance.
  • Salary advance.
  • Short term advance.

2. Long-term Loans

  • Business loan.
  • Development loan.
  • Emergency loan.
  • Maisha loan.
  • Wezesha loan.
  • Refinancing loan.
  • School fees loan.
  • Super loan.

3. FOSA Services

  • FOSA savings account.
  • Junior savings account.
  • Fixed deposit.
  • Safe custody services (valuables).
  • ATM sacco link visa cards.
  • Mobile banking (M-ndege) *346#.
  • Bankers cheque, EFT and RTGS services.
  • Mpesa super agency/ mpesa services.
  • Cheque deposit/ clearance.

Benefits of Joining Wanandege Sacco

  • Favourable interest rates on loans.
  • Attractive dividends on shares.
  • Loan processing takes the shortest time possible.
  • Financial education and literacy training programs for members.
  • Easy access to short term and long term loans with attractive interest rates and other benefits.
  • High savings guarantee bigger loans with less requirements.
  • Excellent customer service offered by competent staff.

Wanandege Sacco Branches

1. Head Office

Location: Wanandege Plaza, Off Old North Airport Road, Opposite Embakasi Police Station, Embakasi Village, Nairobi.

Contacts: 0722 208 557/ 0780 208 557/ 0111 044 900.

2. Mombasa Branch

Location: Moi International Airport, Terminal 2.

Contacts: 0781 908 438/ 0111 044 922.

Zack Abuyeka

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