Law Society Of Kenya Sacco Membership
SACCO membership · Regulated by the SASRA
A SACCO for advocates and people working in the administration of justice. 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
- Minimum share capital
- KES 30,000
- Entry fee
- KES 3,000 (KES 1,000 membership fee + KES 2,000 account activation)
- Minimum monthly contribution
- KES 2,000
- Loan interest rate
- 1% per month on reducing balance
- Interest on deposits
- 9.2%, 9.2%, 9% for the last three years (years not named)
- What you save
- Deposits you cannot withdraw while a member
- Licensed by
- SASRA, as a non-withdrawable deposit-taking society
How to open this
- then KES 2,000 a month
What does it cost you?
| Taken off each payment you makeeach membership application | 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, after paying all your debts to the society.
Who this suits
You work in the administration of justice. 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 each membership application.
- What is the smallest amount you can start with?KES 2,000.
- 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: lsksacco.co.ke
- 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
- 18 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 monthly payment is now KES 2,000, and was not published before
- The most you can borrow is now KES 40,000,000, and was not published before
- How many times your savings you can borrow is now 3x, 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.
“Currently, membership stands at over 13,000 with a deposit base of Kshs. 4.1B, an asset base of Kshs. 4.75 billion and a loan book of Kshs 3.8 billion.”
LSK Sacco — Overview page: history, membership numbers, deposit base, asset base, interest on deposits historythe company itselfread 2026-09-18“Entrance fees of Kshs 3,000/= by form of cheque or cash deposit slip : Being Kshs. 1,000 membership fee and Kshs. 2,000 to activate account.”
“For the last 3 years the Sacco has given interest on deposits of 9.2%, 9.2% and 9% respectively.”
LSK Sacco — Overview page: history, membership numbers, deposit base, asset base, interest on deposits historythe company itselfread 2026-09-18“Interest rates on 1% per month on reducing balance.”
LSK Sacco — Homepage: loan interest rate, membership categories, servicesthe company itselfread 2026-09-18“Sacco deposits forms the basis of borrowing of up to 3 times your deposits to a maximum of Kshs 40 Million”
LSK Sacco — Sacco Deposits page: minimum monthly contribution, withdrawal rules, loan multiplethe company itselfread 2026-09-18“The mandatory Minimum Monthly contribution is Kshs. 2,000.”
LSK Sacco — Sacco Deposits page: minimum monthly contribution, withdrawal rules, loan multiplethe company itselfread 2026-09-18“The minimum share capital for LSK Sacco members is Kshs. 30,000/=”
LSK Sacco — Share Capital page: minimum share capital and dividend informationthe company itselfread 2026-09-18
Where we got this
- SASRA: Sacco Supervision Annual Report 2024 — growth performance indicators for every regulated societythe regulatorRead on 2026-08-28
- LSK Sacco — Membership page: entry fee, who can join, how to applythe company itselfRead on 2026-09-18
- Read on 2026-09-18
- LSK Sacco — Sacco Deposits page: minimum monthly contribution, withdrawal rules, loan multiplethe company itselfRead on 2026-09-18
- LSK Sacco — Overview page: history, membership numbers, deposit base, asset base, interest on deposits historythe company itselfRead on 2026-09-18
- Read on 2026-09-18