Winas Sacco is a reputable, fast-growing financial institution in Kenya that operates under the supervision of the Sacco Societies Regulatory Authority (SASRA). Initially established in 1977 as Embu Teachers Sacco, it has since undergone significant transformation and growth, both in name and scope, to become one of Kenya’s leading deposit-taking Saccos.
With an asset base of Ksh 9.79 billion, Winas Sacco continues to attract a broad range of members from various sectors of the economy. The Sacco’s ability to diversify its membership and offer a wide array of financial services has solidified its place as a trusted financial institution, particularly in the Embu region and beyond.
A Brief History of Winas Sacco
Winas Sacco started as a financial institution primarily serving teachers in the larger Embu district. However, in 2012, the Sacco rebranded from Embu Teachers Sacco Limited to Winas Sacco as part of a strategic move to expand its membership base and reach a wider audience. This rebranding allowed the Sacco to tap into other viable sectors, and it has since established itself as a financial powerhouse in Kenya.
Winas Sacco Membership Eligibility
Membership in Winas Sacco is open to a diverse range of individuals and groups across different sectors. The Sacco draws its membership from the following categories:
- Teachers and Education Staff
- Active and retired members of the Teachers Service Commission (TSC).
- Members of the Kenya National Union of Teachers (KNUT) and its projects.
- Employees of the Ministry of Education and staff in private educational institutions such as schools and colleges, including support staff.
- Government Employees
- Active and retired employees of both the central and county governments.
- Disciplined Forces
- Active and retired members of the disciplined forces, including the police, military, and other uniformed services.
- Business People
- Large and small business owners, entrepreneurs, and self-employed individuals looking to grow their enterprises.
- Groups/Chamas
- Social and economic groups, including chamas, that seek to save and access affordable credit for group investments.
Winas Sacco Membership Requirements
Joining Winas Sacco is straightforward, with a few essential requirements. To become a member, one needs to provide the following:
- Registration Fee
- A membership registration fee of Ksh 500.
- Valid Identification Documents
- A valid original and photocopy of your ID or passport.
- Passport-Size Photograph
- A recent passport-size photograph for your membership records.
Once registered, members can access a wide array of financial services and products, including loans, savings plans, and investment opportunities.
Benefits of Winas Sacco Membership
Winas Sacco offers a variety of benefits to its members, making it an attractive option for those seeking financial stability and growth. Some of the key advantages include:
- Access to Low-Interest Loans
- Members can access credit facilities at low-interest rates, tailored to meet their financial needs.
- High Returns on Deposits and Dividends
- Members earn dividends and interest on their deposits, which are competitively high, enhancing their savings.
- Financial Education and Empowerment
- Winas Sacco regularly organizes member education forums and programs aimed at empowering members with financial knowledge and investment strategies.
- Exposure to Investment Opportunities
- Members are introduced to various investment opportunities, giving them a chance to grow their wealth through the Sacco.
- Quality Customer Service
- The Sacco prides itself on offering top-notch customer service, ensuring members receive timely assistance and financial advice.
Winas Sacco Contacts
For more information or to join Winas Sacco, you can visit their head office or reach out through the following contacts:
- Head Office Location: Teacher’s House, Kenyatta Avenue, Embu Town
- Phone Contacts: 0727 436 211 / 068 31091
- Email: info@winassacco.com
By offering an extensive range of financial products and services, Winas Sacco continues to empower its members, fostering financial growth and security for individuals and businesses alike. With its strong foundation, transparent operations, and member-focused approach, Winas Sacco is an excellent option for anyone looking to join a stable and reliable financial institution.
