Products & services

Savings accounts and loans built around member goals

The official SOS SACCO product range — nine savings accounts and eleven loan facilities — plus the payment channels that make transacting convenient.

Join SOS SACCO

Savings accounts

Nine ways to save with purpose

From share capital and monthly deposits to goal-based accounts for school fees, holidays, retirement and children.

Share Capital Account

Your ownership stake in the SACCO.

Minimum 100 shares at KES 100 each (KES 10,000); groups/chamas buy 200 shares (KES 20,000)
Payable in instalments over up to 12 months via M-PESA, check-off, standing order or bank deposit
Not refundable — transferable or sellable to an existing member or next of kin
Dividends earned at the end of every financial year
Statements viewable online

Deposits Savings Account

Monthly savings that unlock borrowing power.

Minimum KES 2,500 per month for individuals; KES 5,000 for groups/chamas
Earn annual interest (rebates)
Qualifies you for loans of up to 3 times your deposits
Pay via M-PESA, direct deposit, standing order or check-off
Withdrawable on certified withdrawal from membership

Christmas Savings Account

Save steadily for the festive season.

Minimum monthly saving of KES 1,000; minimum balance KES 500
2% interest per annum
Withdrawal twice a year
Save via M-PESA, standing order, direct deposit or check-off

School Fees Savings Account

Plan ahead for education costs.

Minimum monthly saving of KES 1,000; minimum balance KES 500
2% interest per annum
Banker's cheques available to pay schools directly
Withdrawal twice a year; dormant after 6 months of inactivity

Holiday Savings Account

Save towards vacations and travel.

Minimum monthly saving of KES 1,000; minimum balance KES 500
2% interest per annum
Withdrawal twice a year
Travel-partner benefits for members

Group / Chama / CBO / Welfare Account

Investment savings for groups.

Minimum monthly saving of KES 2,000; minimum balance KES 5,000
2% interest per annum
Loans of up to 3 times the group's savings
Free investment education for members
Savings withdrawable upon ceasing membership

Junior Savings Account

For members' children below 18 years.

6% interest per annum on savings above KES 5,000
Banker's cheques available for school fees
Free piggy banks and an annual kids' fun day
Withdrawal twice a year

Retirement Savings Account

Build long-term security for retirement.

5% interest per annum on savings above KES 5,000
Withdrawal of up to 50% allowed
Dormant after 6 months of inactivity
Save via M-PESA, standing order, direct deposit or check-off

52-Week Savings Account

A one-year weekly saving challenge.

Save every week, increasing by KES 100
Funds withdrawn on the 52nd week
No minimum balance and no monthly charges

Loan products

Eleven loan facilities for every stage

Development, emergency, school fees, salary advance, device, household, instant, top-up, asset finance, Huduma and business loans.

D01

Development Loan

Invest and develop — property, renovations, assets, projects.

14% p.a. on a reducing balance; repayment up to 60 months
Loan amount up to 3 times your deposits
Requires 6 months of consistent deposit savings; deposits transferred from other SACCOs qualify after 3 months
Insurance fee of 1% of the amount applied; at least 5 guarantors; subject to CRB check

D02

Emergency Loan

For urgent financial needs.

Maximum KES 100,000; repayment over 12 months
12% p.a. flat-rate interest; 2/3 rule of basic salary applies
Requires 3 months of consistent contributions and a positive CRB report
At least 3 guarantors; repaid via check-off, standing order or M-PESA

D03

School Fees Loan

Cater for tuition needs.

Available to School Fees Account holders; loan is 50% of savings
12% p.a. on a reducing balance; repayment over 12 months
Banker's cheque written in favour of the school
No guarantor required

D04

Salary Advance

Cushion against late pay and emergencies.

For salaried members with ability to repay; 2/3 rule of basic salary
15% per month; repayment within 1 month (30 days)
Repaid through check-off; no guarantor required

D05

Device Loan

Phones, laptops, tablets and computers.

Maximum KES 50,000; repayment over 12 months
14% p.a. flat rate
Device sourced from a SACCO partner; vendor quote required
At least 2 guarantors

D06

Household Loan

Purchase household consumption goods.

Maximum KES 100,000; repayment over 18 months
14% flat rate
At least 3 guarantors
Repaid via check-off, standing order or M-PESA

D07

Instant Loan

Short-term loan approved instantly.

Maximum KES 30,000; repayable within 3 months
10% per month flat rate; 2/3 rule of basic salary applies
At least 1 guarantor

D08

Refinanced / Top-up Loan

Financing over and above your existing loan.

12% p.a. on a reducing balance; repayment up to 60 months
Existing development loan plus interest is deducted
Requires 6 months of consistent deposit savings; loan up to 3 times deposits
Insurance fee of 1%; at least 7 guarantors; subject to CRB check

D09

Asset Finance Loan

Equipment, vehicles, shambas, motorcycles.

Maximum KES 2,000,000; repayment over 48 months
15% p.a. on a reducing balance; loan up to 3 times your deposits
At least 7 guarantors plus collateral
Positive CRB report and ability to repay required

D10

Huduma Loan

Fast, instant loans to your M-PESA.

Maximum KES 40,000, paid directly to the service provider
10% per month; repayment over 6 months
2/3 rule of basic salary applies

D11

Business Loan

For registered businesses, SMEs and entrepreneurs.

Maximum KES 500,000; repayment over 48 months
13.5% p.a. on a reducing balance; repaid daily from business proceeds
Proof of registered business for loans above KES 100,000
Positive CRB report; 4 guarantors for loans above KES 100,000

Figures are drawn from the SOS SACCO information booklet. Confirm current terms, eligibility and availability with SOS SACCO before applying.

Try the loan calculators

Ways to transact

Convenient payment channels

Deposit savings, repay loans and access instant mobile loans through familiar channels.

M-PESA Paybill

Paybill 400222, Account 101730#Your Full Name

Bank deposit

Cooperative Bank, Buruburu branch, Account 01120000599400

Instant mobile loans

Dial *219*44#

Service areas

Designed around real financial journeys

Member savings

A framework for regular member saving. Official product names and terms will be added once confirmed.

Goal-based savings

Plan and save towards personal, education, family or investment goals.

Credit & loans

Member-focused financing options, subject to official eligibility and terms.

Financial education

Practical learning to support informed saving, borrowing and planning decisions.

Member support

Guidance for enquiries, applications, documents and ongoing membership needs.

Digital access

Future online member services will be published here when officially available.

Ready to start your membership journey?

Talk to the SOS SACCO team for current membership and product information.

Join SOS SACCO