2NK Sacco Society Ltd

2NK Sacco Membership

SACCO membership · Regulated by the SASRA

What is this?

A member-owned transport SACCO that takes deposits and gives loans. You join by opening an account and buying shares.

Minimum share capital (members)	KSh 2,000 — set by AGM 2024 minutes
Minimum shares (vehicle company/investor)	KSh 5,000 — set by AGM 2024 minutes
What you must bring to join	Completed form, ID copy, KRA PIN, passport photo, and specimen signature.
Missing on the site	No published entry fee for individuals, minimum monthly deposit or withdrawal notice.

2NK Sacco Society Ltd does not publish what it charges. We looked for 3 charges and found no figure for any of them:

· The society does not publish a one-off entry or registration fee for individual members on its own site.
· No schedule of ongoing admin or welfare charges is published on the society’s site.
· No management or annual charge is published on the society’s site.

The society does not say what happens if you stop paying. Ask before you join.

They do not publish the notice to withdraw or what you get back if you leave. Ask them for this in writing.

It could work for you if

You want a transport SACCO and you can pay the KSh 2,000 minimum share capital.

Think twice if

You need clear terms on monthly deposits, fees and notice. The site does not publish these.

DHides more than it shows

6 of 13 answered

What do they charge you every year?
No management or annual charge is published on the society’s site.
What is taken off the money you pay in?
The society does not publish a one-off entry or registration fee for individual members on its own site.
What does it cost to get out early?
No exit penalty is printed in the sources we checked.
What is the smallest amount you can start with?
KES 2,000.
How long is your money tied up?
They do not say how long you are tied in.
Is the advertised return before or after their charges?
This product does not advertise a return.
Do they warn you the return is not guaranteed?
This product does not advertise a return.
Do they tell you what you get back if you stop early?
You get whatever your money is worth on the day. There is no schedule.
Do they list what is not covered?
This is not insurance, so there is nothing to exclude.
Are all their charges published?
No. 3 charges are mentioned without a figure.
Do they say who regulates them?
Yes — the SASRA. That is who you complain to.

This grades how openly things are explained, not whether the plan is good or bad. See how we work it out.

There are 17 other plans of this kind on the board. See all 18 side by side — what each one leaves you with, and which of them will not 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.

“MIN/AGM/6/2024 PROPOSALS FOR RESOLUTIONS — The members approved minimum shares for members to be Kshs. 2,000 and 2NK vehicle companies or investors the minimum shares to be Kshs. 5,000.”
2NK Sacco — AGM 2024 Minutes (scanned)the company itselfread 2026-08-22