Kenya Medical Association Sacco Membership
SACCO membership · Regulated by the SASRA
A savings society owned by its members. You save with it and can borrow. The money you pay in stays until you leave.
Hear when this changes
The details that matter for this kind of plan
- What you save
- Deposits you cannot withdraw while a member
- Licensed by
- SASRA, as a non-withdrawable deposit-taking society
- Fixed deposit rate
- 6.5% p.a.
How to open this
- Open with KES 100,000
- then KES 1,000 a month
What does it cost you?
| Taken off each payment you makejoining fee | KES 3,000 |
|---|
What if you stop paying?
Your savings stay with the society. What happens next is set by its own rules, which it does not publish.
What if you need the money early?
You cannot take this money out while you are a member. You get it back when you leave.
Who this suits
You want savings you cannot dip into, and the chance to borrow against them.
You may need the money back soon. It is locked while you are a member.
What they tell you
- What is taken off the money you pay in?KES 3,000, taken from joining fee.
- What is the smallest amount you can start with?KES 1,000.
- Are all their charges published?Yes, every charge they mention has a figure against it.
- Do they say who regulates them?Yes — the SASRA. That is who you complain to.
Talk to them
- Website: kmasacco.com
- If something goes wrong, the SASRA is who supervises 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
- 16 September 2026
- Somebody read the company's own material only a regulator's listing → researched
- Taken off each payment you make is now KES 3,000, and was not published before
- Smallest lump sum to start is now KES 100,000, and was not published before
- Smallest monthly payment is now KES 1,000, and was not published before
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.
“In KMA Sacco the minimum is Ksh.100,000”
“Submit the application with the joining fee of Ksh 3,000.”
“The current rate for the fixed deposit is at 6.5% p.a. up to a maximum of 12 months.”
“The mandatory Minimum Monthly contribution is Kes, 5,000.00 for principal members and Ksh1,000.00 for members by introduction.”
Where we got this
- SASRA: Sacco Supervision Annual Report 2024 — growth performance indicators for every regulated societythe regulatorRead on 2026-08-28
- KMA Sacco Website - How To Become A Memberthe company itselfRead on 2026-09-16
- KMA Sacco Savings Products - Fixed Depositthe company itselfRead on 2026-09-16
- KMA Sacco FAQsthe company itselfRead on 2026-09-16