Our services
Savings, share capital, loans and member welfare. Figures and rates are confirmed by the committee — ask us for current terms before you decide.
Savings
Regular monthly contributions that build your deposits and your borrowing power inside the Sacco.
Every member. Monthly saving is the foundation of membership at Mutheki Sacco.
Members save a set amount each month into non-withdrawable deposits. Your savings record is what the Sacco uses when you apply for a loan.
Membership
Your ownership stake in the Sacco. Share capital is what makes every member a part-owner.
All registered members, purchased once when joining or topped up as the bylaws allow.
Each member buys shares at a fixed value set in the bylaws. Share capital is not withdrawn while you are a member, and it may earn dividends when the Sacco performs well.
Loan
For bigger plans — building, land, a major project or a large investment that needs time to repay.
Members with a savings history who can show how the money will be used and repaid.
You apply stating the amount and purpose, guarantors support your application, and the credit committee approves based on your deposits and repayment ability.
Loan
Short-term help for sudden needs — a hospital bill, a funeral, an urgent repair that cannot wait.
Members facing a genuine emergency, with a shorter approval process than other loans.
You state the emergency and amount. Because it is meant to be fast, the committee processes these applications on a shorter timeline.
Loan
Keep children in school when fees fall due — timed around the school calendar.
Members paying school, college or university fees for themselves or their children.
Apply before the term starts with the fee structure or admission letter. Repayment is spread over an agreed period.
Loan
Working capital or stock for a member's business, sized to what the member can repay.
Members running a business — a shop, a stall, a service — who need capital to grow it.
You explain the business and how the loan will be repaid. The credit committee looks at your savings, guarantors and the business itself.
Welfare
The spirit the Sacco began with: members standing with each other in times of need.
Members facing bereavement or hardship, as provided for in the Sacco's welfare rules.
Mutheki started in 2010 as a welfare group. Whether a formal welfare fund still operates, and exactly how members benefit, is for the committee to confirm — ask the office for the current arrangement.
Community
Annual general meetings, member education days and investment meetings where members learn and decide.
All members — attendance at the AGM is both a right and a responsibility of membership.
Notices of meetings are published on the News & Notices page and shared through member channels.
Every loan application goes to the credit committee. In most cases you will need a savings history with the Sacco and guarantors — members who stand with you.
A loan calculator will be added here once the committee confirms current rates. Until then, ask us on WhatsApp or at the office for figures.
Front office services — such as withdrawable savings accounts — are the Sacco's next milestone, once we meet the minimum requirements. They are not offered today, and we will announce them only when they are licensed.
See our roadmapLoans are for members — start your membership and your savings record today.
Join Mutheki Sacco