Finance & Investment

Kenpipe SACCO Contacts, Loans, USSD and Benefits: Everything You Need to Know

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Kenpipe SACCO Society Ltd, a Savings and Credit Co-operative Organization (SACCO), has been at the forefront of fostering financial empowerment in Kenya since its inception in 1981. Originally established as a welfare organization for employees of the Kenya Pipeline Company Limited, Kenpipe SACCO has grown exponentially over the decades, expanding its services to meet the financial needs of members across various sectors.

This guide delves into everything you need to know about Kenpipe SACCO, including its membership benefits, financial products, contact details, and how you can become part of this thriving cooperative.


Why Choose Kenpipe SACCO?

Kenpipe SACCO has built a reputation for providing affordable and innovative financial solutions. Here’s why it stands out:

  1. Affordable Loans: Access loans at competitive interest rates with flexible repayment terms.
  2. Savings Options: Grow your wealth with high-yield savings accounts tailored to different financial goals.
  3. Dividends on Shares: Earn dividends on your share capital from the SACCO’s annual net surplus.
  4. Accessible Services: Enjoy convenient access to services through USSD (*882#) and a responsive customer support team.
  5. Reliability: Licensed and regulated by the Sacco Societies Regulatory Authority (SASRA), ensuring your investments are secure.

Membership in Kenpipe SACCO

Kenpipe SACCO welcomes a diverse membership base, including employees, groups, and businesses.

Share Capital Requirements

  • Members are required to purchase a minimum of Ksh. 2,000 worth of share capital.
  • Shares represent ownership in the SACCO but are non-refundable and cannot be used as loan collateral.
  • Dividends are paid annually based on the SACCO’s financial performance.

Eligibility

Membership is open to:

  • Employees of the Kenya Pipeline Company Limited.
  • Individuals and groups meeting the SACCO’s membership criteria.

How to Join

  1. Complete the membership application form (available at the SACCO’s office or website).
  2. Submit required documents, including a copy of your ID and KRA PIN certificate.
  3. Pay the registration fee and purchase the minimum share capital.
  4. Start saving through monthly contributions.

Kenpipe SACCO Financial Products

Kenpipe SACCO offers a variety of financial solutions to cater to members’ unique needs:

1. Savings Products

  • Ordinary Savings: Flexible and accessible for day-to-day savings.
  • Fixed Deposit Accounts: High-interest savings options with fixed terms.
  • Target Savings: Tailored for specific goals, such as education or weddings.

2. Loan Products

  • Development Loans: Long-term financing for projects, repayable over several years.
  • Emergency Loans: Quick access to funds for unforeseen expenses.
  • School Fees Loans: Affordable solutions for education-related costs.
  • Asset Financing: Financing for purchasing vehicles, machinery, or other assets.
  • Agricultural Loans: Designed to support agribusiness ventures.

Key Benefits of Kenpipe SACCO Membership

  1. Financial Independence: Secure your future through disciplined savings and access to credit.
  2. Dividends: Enjoy an annual return on your share capital.
  3. Member Education: Training and seminars to enhance financial literacy.
  4. Insurance Cover: Loan and savings insurance ensures peace of mind for members and their families.

Kenpipe SACCO Contact Information

Kenpipe SACCO ensures seamless communication with its members through multiple channels.

  • USSD Code: Dial *882# for instant access to SACCO services.
  • Phone: +254 710 600 999 / +254 735 700 971
  • Email: Available through direct inquiries at the SACCO office.
  • Physical Address:
    Kenpipe SACCO Society Ltd
    Industrial Area, Off Nanyuki Road, Sekondi Road
    Nairobi, Kenya

Business Hours

  • Monday to Friday: 8:00 AM – 5:00 PM
  • Saturday & Sunday: Closed