Finance & Investment

Complete Guide to Kwetu Sacco: Loans, USSD, Membership, and Benefits

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For over five decades, Kwetu Sacco has been a beacon of financial empowerment, serving Kenyans with a diverse range of financial products tailored to meet the unique needs of its members. Established in 1967 under the Co-operative Society Act, Kwetu Sacco initially mobilized teachers to pool their savings for economic empowerment. Today, it stands as a leading Deposit-Taking Sacco (DTS) regulated by the Sacco Societies Regulatory Authority (SASRA), offering innovative solutions through both Back Office Service Activities (BOSA) and Front Office Service Activities (FOSA).

In this comprehensive article, we delve into Kwetu Sacco’s offerings, membership benefits, loan products, and how it continues to champion economic growth in Kenya.


What Sets Kwetu Sacco Apart?

Kwetu Sacco is built on a strong foundation of cooperative principles, enabling members to achieve their financial goals. With its headquarters in Machakos Town, the Sacco is driven by the following objectives:

  1. Financial Empowerment: Helping members improve their economic status through tailored financial solutions.
  2. Portfolio Expansion: Continuously growing its asset base to enhance member benefits.
  3. Maximizing Returns: Ensuring competitive returns on equity and assets for sustainable growth.

Membership Benefits

Joining Kwetu Sacco opens doors to a wide range of benefits:

  • Access to Affordable Loans: Low-interest rates and flexible repayment terms.
  • Savings Growth: Competitive interest rates on savings and fixed deposits.
  • Financial Security: Comprehensive insurance covers tied to loans and savings.
  • Networking Opportunities: Membership in a trusted financial community.

Loan Products Designed for Every Need

Kwetu Sacco offers an array of loan products, each tailored to address specific financial needs:

  1. Emergency Loans
    • Purpose: Address urgent financial needs.
    • Processing Time: Within one day.
    • Repayment Period: Up to 12 months.
  2. Special Normal Loan
    • Purpose: Ideal for loan buyoffs from other financial institutions.
    • Repayment Period: Tailored to individual needs.
  3. Kilimo Loan
    • Purpose: Designed to support agribusiness activities.
    • Target Audience: Farmers and agricultural entrepreneurs.
  4. Biashara Loan
    • Purpose: Boosts business ventures with affordable financing.
  5. Express Normal Loan
    • Purpose: For rapid financing needs.
    • Processing Time: Within 24 hours.
    • Repayment Period: Up to 72 months.
  6. Karibu Loan
    • Purpose: A general-purpose loan.
    • Repayment Period: Up to 60 months.
  7. Super 72 Loan
    • Purpose: Long-term financing for development needs.
    • Repayment Period: Up to 72 months.
  8. Normal Loan
    • Purpose: Developmental loan for established members.
  9. Pumua Loan
    • Eligibility: Exclusively for FOSA salaried members.

How to Join Kwetu Sacco

Becoming a member of Kwetu Sacco is straightforward. Here are the steps:

  1. Eligibility Requirements:
    • Must be a Kenyan citizen aged 18 years or older.
  2. Required Documents:
    • Recent colored passport photo.
    • Copy of ID or passport.
    • KRA PIN certificate.
    • Evidence of a bank account (e.g., canceled cheque or bank statement).
  3. Membership Fees:
    • Entrance fee: Ksh 1,000 (non-refundable).
    • Share capital contribution: Minimum Ksh 9,000 (payable in 25 monthly installments of Ksh 360).
    • Minimum monthly saving: Ksh 1,000.
  4. How to Pay:
    • Use the M-Pesa PayBill Number 194740 and your membership number as the account number.

Technology-Driven Convenience

Kwetu Sacco leverages technology to make its services accessible and efficient:

  • USSD Code: Dial *879# for quick access to Sacco services.
  • Mobile Banking: Manage your savings and loans on the go.

Location and Contact Information


Why Choose Kwetu Sacco?

Kwetu Sacco’s commitment to innovation, member satisfaction, and financial empowerment makes it a trusted choice for individuals and businesses. Whether you’re seeking a loan, a secure savings option, or a partner in your financial journey, Kwetu Sacco offers unmatched value.


Ready to take charge of your financial future? Join Kwetu Sacco today and unlock opportunities for growth and security. Visit our website, dial *879#, or contact us at customercare@kwetusacco.com to get started!