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Suluhu Sacco Society Ltd

Suluhu Sacco Membership

SACCO membership · Regulated by the SASRA

It is a co-op you own as a member. SASRA licenses it to take deposits. It started in 1995 as Mwingi Mwalimu Sacco and later changed its name.

Hear when this changes

What to watch out for

  • SASRA lists this society as licensed for deposit-taking business in 2026. Its own website publishes share capital of KES 12,000, a minimum monthly BOSA contribution of KES 200, and a 60-working-day withdrawal notice. It does not publish an entry fee, administration charge, management fee, or a declared dividend rate.

The details that matter for this kind of plan

Licence
Listed as a deposit-taking SACCO by SASRA for 2026
Joining and returns
Share capital KES 12,000; minimum monthly KES 200; 60 working days notice. Dividend rate not published.

How to open this

  • Open with KES 12,000
  • then KES 200 a month
  • locked in for 60 months

What if you stop paying?

Ask the SACCO what happens if you stop paying your monthly contribution, before you join.

What if you need the money early?

You must give 60 working days notice by completing a withdrawal form. Deposits are refunded after processing. The share capital is transferable but not withdrawable.

Who this suits

It could work for you if

You work for a salary. You are a teacher, nurse, police officer, business person or farmer. You want to save each month and get affordable loans from a SACCO.

Think twice if

You need a published dividend rate to compare this SACCO with others. You also need to know the entry fee and the administration charge.

What they tell you

  • What is the smallest amount you can start with?
    KES 200.
  • How long is your money tied up?
    60 months.
  • 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

  • 26 September 2026
    • Somebody read the company's own material only a regulator's listing → researched
    • Smallest lump sum to start is now KES 12,000, 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 60 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.

Where we got this