Kentours SACCO, established in 1984, stands as one of Kenya’s premier Savings and Credit Co-operative Societies (SACCOs), regulated by the SACCO Societies Regulatory Authority (SASRA). This non-deposit-taking SACCO has evolved into a vital financial resource for individuals and organizations across various sectors in Kenya. With a vision to be a one-stop shop for financial independence, Kentours SACCO offers tailored financial solutions to its members.
Why Join Kentours SACCO?
Kentours SACCO is built on the principles of financial inclusion, transparency, and member-driven growth. Here’s why it stands out:
- Diverse Membership: Membership spans various sectors, including tourism, hospitality, logistics, and private businesses. Notable members include Four Points by Sheraton, Eka Hotel, and Bonfire Adventures.
- Financial Empowerment: Offers loans, savings products, and insurance covers designed to empower members financially.
- Flexible Contributions: Members contribute as little as Ksh. 1,000 monthly, making it accessible to many Kenyans.
- Insurance Benefits: Includes a loan guard and deposits protection life cover for added security.
Membership Categories and Requirements
Kentours SACCO offers both corporate and individual membership. Below are the requirements for individual membership:
Documents Required:
- Recent passport photograph
- Copy of national ID/passport
- Copy of KRA PIN certificate
- Evidence of a bank account (e.g., bank statement, debit card, or canceled cheque)
- Completed nominee card
Membership Terms:
- Application Fee: Ksh. 1,000 (non-refundable)
- Minimum Monthly Contribution: Ksh. 1,000
- Minimum Share Capital: Ksh. 9,000, payable within 25 months
- Insurance Premium: Determined annually
- Waiting Period: Six months to qualify for loans (three months for the Karibu Loan)
- Loan Security: Guaranteed by deposits, other members, or qualifying assets
- Exclusivity: Members cannot belong to another SACCO with a similar purpose
How to Make Payments with M-Pesa
Kentours SACCO has streamlined its payment process through M-Pesa. Follow these steps:
- Open M-Pesa and select the Pay Bill option.
- Enter the Business Number: 194740.
- Input your Account Number, which is your SACCO Membership Number.
- Enter the amount you wish to pay.
- Confirm and submit. You’ll receive a confirmation reference from M-Pesa.
- Official receipts can be collected at the Kentours office.
Financial Products Offered by Kentours SACCO
1. Loans
Kentours SACCO provides a variety of loan products to suit diverse needs:
- Karibu Loan: Accessible within three months of membership.
- Development Loans: Designed for long-term investments such as property acquisition.
- Emergency Loans: Quick financial relief for unforeseen expenses.
2. Savings Products
- Share Deposits: Monthly contributions starting at Ksh. 1,000.
- Fixed Deposits: Higher interest rates for fixed-term savings.
3. Insurance Products
- Loan Guard: Protects members’ loans in case of unforeseen circumstances.
- Deposits Protection Life Cover: Ensures members’ savings are secure.
Key Benefits of Joining Kentours SACCO
1. Competitive Loan Interest Rates
Members enjoy lower interest rates compared to conventional banks, making loans affordable.
2. Dividend Payouts
Annual dividends are paid to members based on their share contributions, ensuring a return on investment.
3. Networking Opportunities
With a diverse membership base, Kentours SACCO provides opportunities for professional connections and partnerships.
4. Financial Education
The SACCO regularly conducts training sessions to enhance members’ financial literacy.
Location and Operating Hours
Kentours SACCO operates from its head office at Commodore Office Suites, 1st Floor, Kindaruma Road, Kilimani, Nairobi, opposite Prestige Plaza. Members can access services during the following hours:
- Monday to Friday: 8:00 AM – 5:00 PM
- Saturday: 9:00 AM – 12:00 Noon
- Sunday and Public Holidays: Closed
How to Join Kentours SACCO
Becoming a member of Kentours SACCO is simple:
- Download the membership application form from their official website or collect it at their office.
- Fill out the form and attach the required documents.
- Pay the non-refundable registration fee of Ksh. 1,000.
- Start contributing a minimum of Ksh. 1,000 monthly towards your share deposits.
Ready to take control of your financial future? Join Kentours SACCO today and enjoy tailored financial solutions, competitive loan rates, and exceptional member benefits. Visit their office or contact them at +254 709 309 000 or info@kentours.co.ke for more details.
The full list of membership in the Sacco is as follows:
1. Abercrombie & Kent -Nairobi
2. African Horizon Travel
3. Double Tree by Hilton Hotel
4. Angama Mara -Olkurruk Lodge Ltd
5. Asilia Kenya Ltd
6. Atua Enkop
7. Base Camp Travels
8. Chicken Exotica
9. Andbeyond Head Office
10. East African Eagle
11. Eagle Peak Spur
12. Eka Hotel
13. Elewana Collections
14. Flamingo Hill Tented Camp
15. Four Points By Sheraton (JKIA)
16. Four Points By Sheraton Hurlingham
17. Game Watchers Safaris
18. Governors Camps
19. IBIS Tours & Travel Ltd
20. Individual Members
21. Karen Blixen Camp
22. Kentours Housing Society Ltd
23. Kentours Staff
24. Kenya Association of Hotel Keepers
25. Kenya Postel Directories
26. Kenya Private Sector Alliance (KEPSA)
27. Kichwa Tembo Camp
28. Kobo Safaris
29. Lets Go Travel
30. Loisaba Oryx Ltd
31. Mahali Mzuri
32. Maniago Travel
33. Mara Conservancy
34. Mara Elephant Project (MEP)
35. Mara Leisure Camp
36. Mara Simba Lodge
37. Micato Safaris Ltd
38. Movenpick Hotel – Westlands
39. Muthaiga Travels
40. Naivasha Simba Lodge
41. Naro Moru River Lodge
42. Ol Tome Safaris Ltd
43. Olonana Tented Camp
44. PEAK East Africa Ltd
45. Private Safaris
46. Safarilink Aviation Ltd
47. Sankara Nairobi Westlands Hotels
48. Seiya Ltd
49. Selective Tours
50. Soaring Eagle Spur
51. Somak Travel Ltd
52. MGM Muthu Hotels
53. Sunworld Safaris Ltd
54. The Hilton Garden Inn Hotel
55. Crowne Plaza Nairobi Airport Hotel
56. The Safari Collection
57. Tribe Hotel
58. Union Green Logistics Limited
59. Sense of Africa
60. Olarro Lodge
61. Wildtrek Safaris
62. Zakale Expeditions Ltd
63. Lavington Hotel
64. Maasai Mara Emayian Luxury Camp
65. Bonfire Adventures & Events Ltd
66. Apasio Safaris Ltd
67. Sekenani Camp