Frequently Asked Questions

1. How Do I Join Ukombozi Sacco Ltd

  • Fill a membership form
  • Attach Id Copy and passport photo
  • Pay ksh.1,000/= registration fee
  • Save a minimum monthly savings of ksh.1,200/=

2. Is membership open to the everyone?

Yes: Ukombozi Sacco has opened it to all to join.

3. What is the minimum monthly savings?

Minimum monthly savings is ksh.1,200/=, however a member can deposit more.

4. What is the minimum share capital?

Minimum share capital is ksh.10,000/=

5. Where can I download Forms?

You can download all forms from here Downloads

6. How do I remit funds to Ukombozi Sacco Ltd?

  1. Check off – by employer
  2. Standing Order – from Members Bank account to Sacco Bank Account
  3. Mpesa – to the Sacco paybill number
  4. Direct deposit – to Sacco Bank Accounts
  5. Money transfers – EFT & RTGS

7. Are my deposits safe at Ukombozi Sacco?

Yes. We are licensed and regulated by SASRA as a Non-Withdrawable
Deposit Taking Sacco which means we abide by the specific laws, guidelines and best governance principles.

8. When does a member of Ukombozi become eligible for a loan?

A member becomes eligible after saving with Ukombozi for a period of Three (3) months.

9. Who qualifies to be a guarantor?

  • A member

10. How to get a guarantor

  • Introduces friends, colleagues and relatives to join Ukombozi Sacco
  • Attend Sacco meetings, Education day, AGM and interact with Sacco members

11. What are the Loan Security

  • Guarantor
  • Title deeds