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Business

Introducing K-Unity Sacco, Membership and Eligibility

K-Unity Sacco, short for Kenya Unity Sacco Society Limited, was founded on the principles of unity, mutual assistance, and financial prudence. Established to address the financial needs of its members, the Sacco has evolved into a formidable institution with a mission to promote thrift among its members, provide credit at reasonable rates, and ensure the prudent management of resources for the benefit of all stakeholders.

K-Unity Sacco was established in 1974 as a result of the amalgamation of the then Limuru Marketing Co-operative Union and Kiambu Dairy Marketing Union. Currently, the Sacco has an asset base of 5.72 billion with over 100,000 members in the counties of Kiambu, Nairobi, Nakuru and Nyandarua.

Membership and Services

At the heart of K-Unity Sacco’s success lies its diverse membership base, comprising individuals from various professions, businesses, and backgrounds. Members join the Sacco to access a wide range of financial products and services tailored to their needs.

Membership at K-Unity Sacco is inclusive and welcomes individuals from various sectors, including:

  • Farmers
  • Business people
  • Retired and active members of the Teachers Service Commission
  • Employees of county and national governments
  • Private sector employees
  • Workers from other sectors such as NGOs, among others
Membership Requirement
  • Fill out a membership application form which is available on the Sacco’s website or can be obtained from any of its offices.
  • Membership fee of Kshs 500.
  • Copy of ID and KRA PIN certificate.
  • Passport-size photos.
K-Unity Sacco Product Offerings

1. Loan Products

(i) Agricultural Loans

Kilimo (unsecured)

Kilimo (secured)

Mifugo

Kilimo advance

Tea bonus advance

(ii) SME Loans

SME (unsecured)

SME (secured)

(iii) Salary Loans

Salary (unsecured)

Salary (advance)

Salary (secured)

(iv) Group Loans

Microfinance loans

Chama loans

Other Loan Products

Jijenge loan

Society development loan

Asset finance loan

Overdraft loan

Trade financing

Insurance premium financing

2. Savings Products

Akiba savings account

Boresha account

Jijenge deposit

Shirika savings account

Watoto account

School fees account

Holiday savings

Benevolent fund

Imarisha savings

MFI member saving

Chama saving

3. Diaspora Account

Requirements:

Copy of KRA PIN

Passport size photo

Copy of National ID/ Passport

Proof of address

4. Mapa Insurance

(i) Motor Insurance

  • Comprehensive
  • Third party
  • Motorcycle insurance
  • Fire
  • Burglary
  • Biashara salama

(ii) Micro Insurance

  • Livestock insurance
  • Standard personal accident
  • Jilinde personal accident
  • Domestic package
  • All risk
  • Work Injury Benefit
  • Travel insurance
  • Bond insurance
  • Health insurance

K-Unity Sacco Contacts

Head Office: K-Unity Building, Biashara Street, Kiambu Town.

Contact: 0707 424 774.

Sustainable Growth and Development

One of the hallmarks of K-Unity Sacco is its commitment to sustainable growth and development. By promoting a culture of saving and responsible borrowing, the Sacco empowers members to achieve their financial goals while contributing to the overall prosperity of their communities. Additionally, K-Unity Sacco invests in educational programs and financial literacy initiatives to equip members with the knowledge and skills needed to make informed financial decisions.

Technology and Innovation

In today’s digital age, K-Unity Sacco recognizes the importance of leveraging technology to enhance its services and reach a wider audience. Through innovative digital platforms and mobile banking solutions, the Sacco provides members with convenient access to their accounts, seamless transactions, and personalized financial management tools. By embracing technology, K-Unity Sacco aims to stay ahead of the curve and adapt to the evolving needs of its members in an increasingly digital world.

Community Impact and Outreach

Beyond its core financial services, K-Unity Sacco is deeply committed to making a positive impact in the communities it serves. Through corporate social responsibility initiatives and community outreach programs, the Sacco supports various social causes, including education, healthcare, environmental conservation, and poverty alleviation. By actively engaging with local communities and partnering with relevant stakeholders, K-Unity Sacco seeks to create lasting change and improve the quality of life for all.

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Majira Media

Keeping you in the loop. I write to share information that matter. From technology to business tips, I share information to inspire and educate