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UN SACCO is a savings and credit co-operative society for employees of the United Nations and other affiliated agencies with the aim of creating an environment to encourage members to save and get affordable credit.

UN SACCO membership comes with the following benefits:

  • Opportunity to save in a fast-growing SACCO.
  • Enjoy the most efficient loan appraisal process and shortest loan processing of 24 hours.
  • High returns on investments.
  • Access to affordable credit products.
  • Broad selection of products customized to meet members’ needs.
  • Education in proper management of finance and investment practices – Financial Management.

UNSACCO membership is open to:

  • Employees of United Nations Agencies
  • Employees of Diplomatic Missions and International Organizations in Kenya.
  • Immediate family members of the primary members – Spouses and Children.
  • Employees of UN SACCO.

Fill in the membership application form, provide a copy of your national ID or national Passport, your contract letter or pay slip, KRA Pin certificate and a passport size photograph.
Click here to download the application form.

FOSA is simply Front Office Services Activities.

It is a requirement by the Regulator that all SACCO’S have a minimum amount of share capital and therefore all members should have some shares to qualify them to be part of the owners of the SACCO. In our case, Ksh. 50,000 has been set as the minimum amount to be maintained by every member.

Your share capital earns you dividends annually.

We have set our system such that each member will have to contribute the minimum kshs. 50, 000 in share capital before building up their deposits.  A member can contribute share capital in installments or in lumpsum.

A member can increase his/her share capital by direct deposit to our bank account or a Funds transfer to our bank account.

One may also use MPesa Paybill 528700 and FOSA account number as Account number. Then dial *346# > Internal transfer > Share Capital

Share Capital will not be used to qualify you for loans nor are they withdrawable at any time; this forms our core capital.

A member is not allowed to own more than 3% of the total Share Capital

It is a requirement that all active members should make monthly contributions of at least KES. 2,300 to maintain an active account.

We peg loans on your deposits, the higher the deposits the higher the ability to borrow. Additionally, deposits earn you interests yearly.

Yes. Use Mpesa paybill number 528700 and FOSA account number as account number. Then proceed by dialing *346# > Internal transfer > Deposits and proceed to complete the transaction.

You need:

  • Dully filled loan application form
  • Minimum three guarantors who must be active members and have contributed for at least six months.
  • Certified current contract letter and current certified pay slip.
  • A copy of an acceptable form of identification (National ID/Valid Passport)
  • Must have been an active contributing member for at least three months, except for settlement loan.

Except for the Secured Asset Loan or loans within a borrower’s deposits, all other loans must be guaranteed by at least three members of the society.

Loans are pegged on a member’s deposits e.g.  Four times (Normal loans) or five times (Premier loans) and seven times for the Secured Asset Loan, to a maximum of Ksh. 40 million.

One can have as much as one’s ability to repay the loans. However, the total of the loans should be within the 4 times multiplier.

3 loans (3 normal loans or 2 Normal loans and a Loyalty/Premier loan or 1 normal loan, 1 premier loan and 1 loyal loan)

A member can transfer his/her deposits from another Sacco to the UNSACCO. A member who does so is treated as an existing (old) member even if he has just joined UNSACOO. That means he can apply for a loan immediately or he/she can enjoy a waiver of the three months waiting period.

The Sacco has set minimum amount of contribution to deposits that a member must make monthly based on the amount of loan one has borrowed. This contribution is besides the loan repayment.

SASRA (Sacco Societies Regulatory Authority) is a regulatory body enacted by parliament to regulate all SACCO’S operating FOSA’S. The law came into force by 18th June 2010 and UNSACCO is one of the SACCO’S under watch by SASSRA since we are operating FOSA.

Two ways:

  1. A notice of sixty days is required in case of any refunds due to the member.
  1. For an immediate withdrawal one will have to sign a surrender of 1.05% of the deposits being withdrawn.

Absolutely yes, all you need to do is place a standing order or give postdated cheques towards your monthly deposits.