WAKADIRI SACCO SOCIETY LTD

Your best financial partner.

Wakadiri Sacco Society Ltd Was Legally registered in Kenya Under the cooperative Societies ACT cap 490, laws of Kenya as a savings and credit cooperative society.

Long Track Record

The firm has been in operations for over thirty five years. This has seen our services extending to a number of clients within the real estate companies.

Experienced Team

The expansion of our business has resulted to the firm engaging up to about 20 professional staff and 10 support staff.

Our Objective

To offer to the members complementary savings and credits in form of withdrawable savings services and a diversity of other financial products as may be desired by members.

WHO WE ARE

Wakadiri Sacco Society Ltd Was Legally registered in Kenya Under the cooperative Societies ACT cap 490, laws of Kenya as a savings and credit cooperative society. It was founded on 6th August 1986 by professionals who were largely valuers.

As at December 2016, the Sacco had 264 Members with a deposit base of about 54 million and a share capital base of 2.3 million. Its current members are mainly drawn from real estate companies, independent consultant and private members

OUR CORE VALUES

Our approach to assignment has in the past been based on key ethical issues that have seen the firm addressing our members need in this regard, we have laid focus on strengths, not weaknesses and to make sure that our employees have the right attitude. As a sacco we always believe that our members deserve our attention, advice and counsel – all designed to help them reach their goals and achieve their dreams.

Wakadiri Sacco Society Ltd is guided by the following core values:

Integrity and Honesty
Excellence and Commitment
Innovation and Creativity
Dedication to Professional Services

OUR PRODUCTS

Our products for Wakadiri Sacco for the professionals. our products and services are customized to meet your every need. Becoming a member means ; you become an owner with equal rights and a voice in how we run our society democratically. We remain committed to high standards of corporate governance for increased shareholder.

Development Loan

i. Must be a member of the society for at least six months
ii. Must have saved with the SACCO at least Kshs. 10,000
iii. Must submit an application for the loan on an official form issued by the SACCO.
iv. Maximum repayment period shall be 42 months.
v. Interest rate shall be as approved by the Board of Directors. (12% Reducing balance)
vi. Attach two latest original pay slips and a photocopy of national ID.
vii. A member shall provide at least three guarantors whose deposits pledged can be able to cover loan applied.

Emergency Loan

This loan facility is given to members who need cash for unplanned and uncertain events
i. Maximum repayment period shall be 12 months
ii. The maximum amount given will be 150,000 Kshs for this facility.
iii. Attachment of a supporting document will be an advantage to form part of appraisal but this is not a MANDATORY requirement.
iv. The loan is advanced at a time frame of not more than 72 hours of APPLICATION

Educational Loan

i. A member should provide a report card and a fee structure as evidence of school fees requirement and shall be required to complete an official form where names of their children, the names of schools and the amount required for each child will be shown.
ii. Repayment shall be twelve (12) months
iii. Interest rate shall be as approved by the Board of Directors

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HOW TO MAKE PAYMENTS AND DEPOSITS.

Using LIPA NA MPESA

Go to the M-Pesa Menu.
Select Pay Bill.
Enter Business No. 966615.
Enter Account No. (Enter your Member Number)
Enter the Amount. ******
Enter your M-Pesa PIN then send.

Using Co-operative Bank Account

Account No: 01120000607300

Name: WAKADIRI SACCO

Branch: PARLIAMENT ROAD

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