We take this opportunity to thank you for your continued support and patronization of the SACCO products. As we progress with the third quarter, we kindly wish to bring the following to your attention:


1. Premium Savings


We appreciate members who have voluntarily grown their savings that become handy in emergency situations. Among the key benefits of this savings are:

  • Attractive interest rate
  • Convenience of accessing the funds
  • Ability to set personal target to grow savings.
  • Savings can be transferred internally to meet other obligations at no extra cost. i.e. loan repayment, normal savings boost

To ensure this savings product meets its objectives, we will be limiting the withdrawal to twice a year i.e. in June and December of every year. This will be effective from 1st October 2021.

2. Mloan Eligibility Review

We appreciate the members who have consistently repaid their Mloans and commend them to maintain the trend. Further, we wish to advise you that with effect from 1st October 2021 the Mloan eligibility will be 5% of Normal Savings up to a maximum of Kshs. 20,000. The repayment period however, remains at one month from the date of application.

3. Development Loan

In reference to Development Loan flyer in circulation, we encourage members who have attained the 1/3rd rule to consider accessing top up loans.

4. BIMA loan

Members intending to renew their insurance cover are advised to access the bime loan form from our website and ensure the application is submitted together with the application form from KWFT Bancassurance.

Click here to access the BIMA loan form.

5. Excise Duty

In line with the finance Bill 2021 and as earlier communicated through text message, we have implemented deductions of 20% excise duty in respect to all chargeable fees.


For more information kindly contact us through This email address is being protected from spambots. You need JavaScript enabled to view it.


Mary Njunge