Savings Accounts

Main Savings Account
  • Monthly minimum contribution is KES 1,000 and is non-withdrawable unless on termination of membership.
  • All loans are guaranteed on this account.
  • Membership registration fees is KES 1,000.
Account Opening Requirements
  • Certified copy of ID/passport.
  • One passport photo.
  • KRA pin certificate or its equivalent.
Junior Account
  • Minimum monthly contribution is KES 1,000.
  • Earns an interest at 4% per annum, payable annually.
  • The savings are withdrawable.
Account Opening Requirements
  • Certified copy of ID/passport.
  • One passport photo.
  • KRA pin certificate or its equivalent.

Loan Products

Development Loan
For projects you hope to achieve, save consistently for 6 months and get this type of loan.
  • Access up to 3 times of your main savings.
  • Interest rate of 1% per month on a reducing balance.
  • Repayable in a maximum of 48 months.
  • Minimum monthly deposit contribution of KES 2,000.
Collateral Accepted:
  • Guarantors.
  • Self-guarantee, up to 90% of one’s savings.
  • Title deeds and property.
Apply Now
Education Loan
  • Access up to 3 times of your main savings.
  • Interest rate of 1% per month on a reducing balance.
  • Repayable in a maximum of 12 months.
  • Minimum monthly deposit contribution of KES 2,000.
Collateral Accepted:
  • Guarantors.
  • Self-guarantee, up to 90% of one’s savings.
  • Title deeds and property.
Apply Now
Emergency Loan
  • Access up to 3 times of your main savings.
  • Interest rate of 1.25% per month on a reducing balance.
  • Repayable in a maximum of 12 months.
  • Minimum monthly deposit contribution of KES 2,000.
Collateral Accepted:
  • Guarantors.
  • Self-guarantee, up to 90% of one’s savings.
  • Title deeds and property.
Apply Now
Express Loan
  • Access up to KES 50,000.
  • Interest rate of 5% per month on a reducing balance.
  • Repayable in a maximum of 3 months.
Collateral Accepted:
  • Guarantors.
  • Self-guarantee, up to 90% of one’s savings.
  • Title deeds and property.
Apply Now
Jipampe Loan

Enjoy a smart life through the Jipampe Loan. Suitable for persons going for holiday and have saved for a minimum of 6 months.

  • Access up to KES 100,000.
  • Interest rate of 5% per month on a reducing balance.
  • Repayable in a maximum of 6 months.
Collateral Accepted:
  • Guarantors.
  • Self-guarantee, up to 90% of one’s savings.
  • Title deeds and property.
Apply Now
Karibu Loan
This product is for new members who have actively saved for a period of 3 to 6 months.
  • Access up to KES 50,000.
  • Interest rate of 5% per month on a reducing balance.
  • Repayable in a maximum of 6 months.
  • Minimum monthly deposit contribution of KES 2,000.
Collateral Accepted:
  • Guarantors.
  • Self-guarantee, up to 90% of one’s savings.
  • Title deeds and property.
Apply Now
Exclusive Loan
Be superior, be among the exclusive. This product is meant to speed up your projects. Save KES 5,000 per month consistently and qualify.
  • Access up to 4 times of your main savings.
  • Eligible to members with main savings of KES 500,000 and above.
  • Interest rate of 1.25% per month on a reducing balance.
  • Repayable in a maximum of 72 months.
  • Minimum monthly deposit contribution of KES 5,000.
Collateral Accepted:
  • Guarantors.
  • Self-guarantee, up to 90% of one’s savings.
  • Title deeds and property.
Apply Now
Registration Requirements

Join Wataalamu Sacco

  • Copy of National ID
  • Copy of KRA pin
  • Colored passport size photo
  • Registration fees of KES 1,000
  • A duly filled registration form
Become a Member