Finance & Investment

United Nations DT Sacco Membership Eligibility & Full List of Requirements

United Nations DT Sacco

United Nations DT Sacco is a leading deposit-taking Sacco in Kenya with an impressive asset base of Kshs 16.70 billion. It offers a wide array of financial products and services aimed at enhancing the social and economic well-being of its members. The Sacco serves members of the United Nations community, diplomatic missions, and other approved international organizations, providing them with secure savings and affordable loans.

If you are considering joining United Nations DT Sacco, this article outlines the eligibility criteria, membership requirements, and the various financial products available.

United Nations DT Sacco Membership Eligibility

Membership in the United Nations DT Sacco is open to the following individuals:

  1. Staff of United Nations agencies: Employees working for UN-affiliated organizations in Kenya can become members.
  2. Staff of diplomatic missions and approved international organizations: Employees from embassies and other international bodies are eligible.
  3. Immediate family members of the primary members: This includes the spouses and children of Sacco members.

United Nations DT Sacco Membership Requirements

To become a member of United Nations DT Sacco, you need to meet the following criteria and submit the necessary documents:

  1. Duly filled membership application form: This form can be obtained from the Sacco’s offices or downloaded from its website.
  2. Copy of National ID/passport: For non-Kenyan members, a valid passport is required.
  3. Employment letter/payslip: Proof of employment from your UN agency, diplomatic mission, or international organization.
  4. A passport-size photograph: A recent A1-sized passport photo.
  5. Kin membership: For family members, additional documentation is required, such as a birth certificate (for children) or a marriage certificate (for spouses).

United Nations DT Sacco Products

United Nations DT Sacco offers a variety of saving and loan products designed to meet the financial needs of its members.

Saving Products

  1. Member Deposits Account:
    • A savings account that allows members to save and earn attractive annual returns.
  2. Junior Savings Account:
    • Tailored to help members save for their children’s future, encouraging long-term financial planning.
  3. FOSA Savings Account:
    • A transactional account for everyday banking activities, including deposits and withdrawals.
  4. Fixed Deposit Account:
    • Earn competitive interest on your savings by locking in funds for a specific period, typically three months or more.
  5. Chama Account:
    • Designed for group savings, this account is ideal for members who belong to informal savings groups or chamas.

Loan Products

  1. Development Loans:
    • These loans support members in achieving their long-term investment projects or personal goals, offering affordable interest rates.
  2. Plot Financing Loan:
    • Aimed at helping members acquire land, this loan makes land ownership easier with favorable repayment terms.
  3. Secured Asset Loan:
    • This loan allows members to borrow against their property or land, offering flexibility with a longer repayment period and competitive interest rates.
  4. Normal Loan:
    • Available for both short-term and long-term financial needs, this loan can be used for various personal and investment purposes.
  5. Emergency Loan:
    • For unforeseen financial emergencies, this loan is processed quickly to provide immediate funds to cover urgent needs.
  6. Senior’s Loan:
    • Open to retired members, this loan product provides financial solutions tailored to the needs of retirees.

United Nations DT Sacco Offices & Contacts

The Sacco has two main office locations in Nairobi:

  1. UN Sacco Building
    • Location: United Nations Complex, UN Avenue, Gigiri, Nairobi
    • Phone: 020 512 2700 / 020 762 2700
  2. UN Sacco Centre
    • Location: UN Crescent, Gigiri, Nairobi
    • Phone: 020 512 2700 / 020 762 2700

United Nations DT Sacco provides its members with a wide range of financial products tailored to meet their savings and borrowing needs. Whether you are a UN employee, a staff member of a diplomatic mission, or a family member of a Sacco member, joining United Nations DT Sacco offers numerous financial benefits. From attractive savings options to flexible loans, the Sacco is committed to improving the financial stability and growth of its members.