Elimu Sacco, one of the largest deposit-taking Saccos in Kenya, was established in 1972 by employees from the Ministry of Education. Since its inception, the Sacco has grown significantly, amassing an asset base of Ksh 1.38 billion. It provides a variety of financial products and services to meet the needs of its members, who are drawn from different sectors of the economy.
Elimu Sacco Membership
Elimu Sacco’s membership is diverse, allowing individuals from various professional backgrounds to join and benefit from its offerings. Members include:
- Ministry of Education and Teachers Service Commission (TSC) employees.
- Employees from other government ministries and parastatals.
- Employees of educational institutions.
- Self-employed individuals.
- Employees of NGOs.
Elimu Sacco Products and Services
Elimu Sacco provides a wide range of products designed to help members save, grow their funds, and access affordable credit. These financial products support various personal and business development goals.
BOSA (Back Office Service Activities) Products
BOSA products include a variety of loans and savings options for long-term financial growth:
- Instant Development Loan: For members looking to invest quickly.
- College Fees Loan: Tailored to help cover educational expenses.
- Emergency Loan: Short-term financing for urgent needs.
- Elimu New Vision Loan: Offers flexibility for personal projects.
- Ji-Connect Loan: Designed for members looking for tech-related financing.
- Super Savers: Encourages disciplined saving with higher returns.
- Elimu Benevolent Fund: A welfare fund supporting members during difficult times.
- School Fees Loan: Ensures members can meet school fee payments.
- Premier Development Loan: For large-scale investment needs.
- Super Loan: Offers a higher loan amount for significant projects.
- Settlement Loan: Helps members finance land purchases or settlements.
- G-Patie Tank Loan: For those looking to invest in water storage solutions.
FOSA (Front Office Service Activities) and Mobile Loans
FOSA and mobile loans offer quick and convenient financial solutions:
- Easter Mobile Loan: Special mobile loan for the holiday period.
- Mobile Instant Loan: Quick access to short-term loans through mobile.
- Investment Mobile Loan: Designed for members who want to make immediate investments.
- Mobile Salary in Advance: Allows members to access part of their salary before payday.
List Of Elimu Sacco Branches In Kenya
Elimu Sacco operates several branches across Kenya to serve its diverse membership. Below is a list of their branches and contact information:
1. Head Office
- Location: Elimu House, South B, Mubiru Road, Nairobi.
- Contact: 0727 013 047, 0739 599 354.
- Email: customercare@elimusacco.com.
2. Nairobi Branch
- Location: Elimu House, South B, Mubiru Road.
- Contact: 0778 452 968, 0727 013 047.
- Email: nairobifosa@elimusacco.com.
3. Lodwar Branch
- Location: Kailongkol House, Lodwar Town.
- Contact: 0725 136 390.
- Email: lodwarfosa@elimusacco.com.
4. Homabay Branch
- Location: Luore Plaza, Homabay Town.
- Contact: 0771 709 291.
- Email: homabayfosa@elimusacco.com.
5. Busia Branch
- Location: Equity Bank Building, 1st Floor, Busia Town.
- Contact: 0726 383 837.
- Email: busiafosa@elimusacco.com.
With its wide array of products and services, as well as its branch network across Kenya, Elimu Sacco remains a leading player in empowering individuals and organizations with affordable financial solutions. Whether you’re looking for savings options, investment opportunities, or accessible credit, Elimu Sacco provides tailored solutions to help you achieve your financial goals.
