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Kimisitu DT Sacco

Kimisitu Sacco Membership

SACCO membership · Regulated by the SASRA

You join a co-op owned by its members. You pay KES 1,000 to register, build KES 30,000 of shares, and save at least KES 3,000 a month. The surplus is shared each year — but the site does not say at what rate.

Hear when this changes

What to watch out for

  • No declared dividend or deposit rate appears on the site. The newest accounts it posts are for 2018.
  • To join: KES 1,000 fee, KES 30,000 of share capital, KES 3,000 a month (KES 10,000 for companies and chamas). Shares are non-withdrawable but transferable.
  • Leaving takes 60 days' notice. The process can be cut to two weeks at a commission of 10% of current deposits.
  • Loans need six months' membership and KES 18,000 saved; most cost 1% a month on the reducing balance.
  • Kimisitu is entry 71 on SASRA's 2026 register. The pages read do not name its regulator.

The details that matter for this kind of plan

What it takes to join
KES 30,000 of shares, KES 1,000 fee; save KES 3,000 a month
Declared rates
Not published on its site
Leaving
60 days' notice free — or two weeks for 10% of your deposits
Your shares
Stay behind, keep earning, and can be sold to another member
Who can join
Anyone 18 and over, companies and chamas

How to open this

  • Open with KES 30,000
  • then KES 3,000 a month
  • locked in for 2 months

→ How to become a Kimisitu DT Sacco member

What does it cost you?

Taken off each payment you makejoining, once, as a registration feeKES 1,000
Charge for taking money outyour deposits, if you leave in two weeks instead of giving 60 days' notice10%

What if you stop paying?

Your shares and deposits stay and keep earning what is declared. Loans need you in good standing.

What if you need the money early?

You leave on 60 days' notice, free. In a hurry, two weeks costs 10% of your deposits. Shares stay and can be sold to another member.

Who this suits

It could work for you if

You want clear joining terms in writing and loans against your savings, and you will ask what last year paid.

Think twice if

You want the declared rate before you join. It is not on the site.

What they tell you

  • What is taken off the money you pay in?
    KES 1,000, taken from joining, once, as a registration fee.
  • What is the smallest amount you can start with?
    KES 3,000.
  • How long is your money tied up?
    2 months.
  • Do they say who regulates them?
    Yes — the SASRA. That is who you complain to.

Talk to them

Compared with the others

There are 222 other plans of this kind on the board. See all 223 side by side — what each one leaves you with, and which of them will not say.

What has changed here

  • 15 September 2026
    • Smallest monthly payment KES 2,000 → KES 3,000

We started keeping this record in August 2026. Anything that changed before then is not here. The whole board's record.

What the documents actually say

Every figure above was read out of a document. These are the sentences, word for word, so you can check them rather than take our word for it.

Where we got this