Ubora Sacco Membership
SACCO membership · Regulated by the SASRA
A savings society owned by its members. You save with it and can borrow. Your money 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
- Dividend on share capital
- 10% per year (as declared for this year)
How to open this
- Open with KES 10,000
- then KES 200 a month
- locked in for 3 months
What does it cost you?
| Taken off each payment you makejoining payment | KES 1,000 |
|---|
What if you stop paying?
Your share capital stays with the society. Your savings stay until you leave.
What if you need the money early?
You cannot take out your share capital while you are a member. You may be able to take out part of your savings after a notice period.
Who this suits
You want savings you cannot easily withdraw, and the chance to borrow against them.
You may need your money back soon. Some savings require you to wait before withdrawing.
What they tell you
- What is taken off the money you pay in?KES 1,000, taken from joining payment.
- What is the smallest amount you can start with?KES 200.
- How long is your money tied up?3 months.
- 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: uborasacco.co.ke
- Email: ubora@kebs.org
- 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
- 27 September 2026
- Somebody read the company's own material only a regulator's listing → researched
- Taken off each payment you make is now KES 1,000, and was not published before
- Smallest lump sum to start is now KES 10,000, and was not published before
- Smallest monthly payment is now KES 200, and was not published before
- How long your money is tied up is now 3 months, 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.
“- Dividend is earned on share sapital, this years Dividend was paid at 10%”
“Minimum monthly savings is Ksh. 200.00.”
“Minimum Share Capital for new member is 500 shares equivalent to Ksh.10,000”
“Non-refundable registration fee of ksh. 1,000 on joining.”
“Part-withdrawal of deposits is allowed after 90 days when there is no running loan.”
Where we got this
- SASRA: Sacco Supervision Annual Report 2024 — growth performance indicators for every regulated societythe regulatorRead on 2026-08-28
- Savings | Ubora Sacco Ltdthe company itselfRead on 2026-09-27