Membership at Jachin SACCO
Unlock Opportunities Through Saving, Investment and Access to Credit
Jachin Sacco was established by employees of like-minded law firms who sought to improve their economic well-being through a member-owned financial institution. The objective was to promote financial independence, encourage a culture of savings, and enhance members' personal and economic development. This vision has been demonstrated through the Society's sustained growth, expanding membership, and increasing loan portfolio. Over the years, the Society has broadened its membership to include individuals from various sectors of the economy. Membership is open to employees of corporate organizations, individual applicants, their spouses, and their children who meet the Society's membership requirements.
Who Can Join Jachin SACCO and Become a Member
• If the individual falls within the Society’s field of membership
•If the individual is at least eighteen (18) years of age
•If the individual has not been convicted of a criminal offence involving fraud or dishonesty
• If the individual is of good character.
Everything You Need to Know Before Joining Jachin SACCO
▪ Copy of Applicant’s National ID Card/Passport
▪ Passport-size photograph
▪ Copy of KRA PIN Certificate ▪ Copy of Nominee’s ID/Passport/Birth Certificate (if a minor)
▪ Registration Fee – Kes 2,500
▪ Payment of share capital of Kes 10,000
▪ Minimum deposit per month Kes 2,000
▪ Loan Eligibility: A member shall qualify for loan facilities upon attaining at least six (6) months of
continuous and active membership.
▪ Exit Notice: The withdrawal process shall be completed within a period not exceeding sixty (60) days.