Main Savings is the Sacco Core Saving that every member must have in order to access all Sacco products and services while enjoying annual interest returns based on Sacco’s profitability. The account is opened by an initial deposit of ten dollars $15 after one has been admitted as a member in the Sacco. The Main Savings Account is the heart of your membership in the SACCO. The objective of Main Savings account is to encourage regular uninterrupted savings for the purpose of building one’s long term savings for future use and development goals through cheap Sacco loans.

If you are looking to borrow money for an investment, buy an asset/equipment, take out a loan to meet personal needs, then having a Sacco Main Savings Account where you make regular contributions will make you eligible for any of these loans and other financial products to reach your goals. You must have been a member for six months to qualify for a loan, saving regularly and consistently is to your advantage depending on the magnitude of the loan you intend to take out. The more money you contribute to your Main Savings Account, the bigger the loan you can qualify for. You will be eligible to borrow up to four times (x4) the amount you have saved in your Sacco Main Savings Account. Eligibility: Become a member of the Sacco and consistently contribute to your Main Savings for a minimum of six months before you apply for a loan. Find out what you need and the benefits of becoming a Sacco member.