Parliamentarians Sacco Membership
SACCO membership · Regulated by the SASRA
A savings society for parliamentarians and EALA members. You pay an entrance fee, save monthly and buy shares. Your money stays with the society until you leave.
Hear when this changes
The details that matter for this kind of plan
- Entrance fee
- KES 5,000 once, paid when you join
- Minimum monthly deposit
- KES 10,000 per month
- Minimum share capital
- KES 100,000 within the first 12 months
- Licensed by
- SASRA, as a non-withdrawable deposit-taking society
How to open this
- Open with KES 100,000
- then KES 10,000 a month
What does it cost you?
| Taken off each payment you makeMembership page — 'Pay entrance fee of Ksh. 5,000.' | KES 5,000 |
|---|
What if you stop paying?
Your savings and shares 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 whatever notice period the society requires — a period it does not publish.
Who this suits
You are a current or former parliamentarian or EALA member. You want savings that are locked away. You want a share in the society's growth. You want access to loans of up to KES 30 million.
You may need the money back soon. It is locked while you are a member. The entrance fee and minimum share capital are high.
What they tell you
- What is taken off the money you pay in?KES 5,000, taken from Membership page — 'Pay entrance fee of Ksh. 5,000.'.
- What is the smallest amount you can start with?KES 10,000.
- 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: pacososacco.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
- 21 September 2026
- Somebody read the company's own material only a regulator's listing → researched
- Taken off each payment you make is now KES 5,000, and was not published before
- Smallest monthly payment is now KES 10,000, and was not published before
- Smallest lump sum to start is now KES 100,000, 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.
“Every member shall be required to make a minimum deposit contribution of Ksh. 10,000 /= per month.”
Parliamentarians Sacco Ltd — Membership page: who can join, entrance fee, minimum deposit, share capitalthe company itselfread 2026-09-21“Pay entrance fee of Ksh. 5,000.”
Parliamentarians Sacco Ltd — Membership page: who can join, entrance fee, minimum deposit, share capitalthe company itselfread 2026-09-21“Take up the minimum share capital within the first 12 months of membership. The minimum share of Ksh. 100,000.”
Parliamentarians Sacco Ltd — Membership page: who can join, entrance fee, minimum deposit, share capitalthe company itselfread 2026-09-21
Where we got this
- SASRA: Sacco Supervision Annual Report 2024 — growth performance indicators for every regulated societythe regulatorRead on 2026-08-28
- Parliamentarians Sacco Ltd — Membership page: who can join, entrance fee, minimum deposit, share capitalthe company itselfRead on 2026-09-21