PesaGuide
← All plans
Simba Chai Sacco Society Ltd

Simba Chai Sacco Membership

SACCO membership · Regulated by the SASRA

It is a member-owned co-op. SASRA licenses it to take deposits. It has run since 1977 in Kericho.

Hear when this changes

What to watch out for

  • SASRA lists this society as licensed for deposit-taking business in 2026.
  • The society's own website (simbachaisacco.co.ke) publishes no membership terms, charges, minimum deposits, notice periods or declared returns.
  • It does not publish the membership terms or declared return.
  • The member portal at portal.simbachaisacco.co.ke requires login and is not a public source of terms.

The details that matter for this kind of plan

Website
simbachaisacco.co.ke — read 24 Sep 2026
Licence
Listed as a deposit-taking SACCO by SASRA for 2026
Joining and returns
Not published on the society's own website

What does it cost you?

There are no separate charges. What you pay each month is the price of the cover.

What if you stop paying?

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

What if you need the money early?

The society does not say how long deposits take to return. Ask before you join.

Who this suits

It could work for you if

You want a licensed SACCO and are ready to ask for its terms yourself.

Think twice if

You need published terms, charges or rates before you join.

What they tell you

  • Are all their charges published?
    They list no separate charges. What you pay is the price.
  • Do they say who regulates them?
    Yes — the SASRA. That is who you complain to.

Talk to 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

  • 24 September 2026
    • Somebody read the company's own material only a regulator's listing → researched

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.

Where we got this