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Bingwa Sacco Society Ltd

Bingwa Sacco Membership

SACCO membership · Regulated by the SASRA

It is a member-owned co-op licensed by SASRA to take deposits. You join by buying shares and making deposits.

Hear when this changes

The details that matter for this kind of plan

Licence
Listed as a deposit-taking SACCO by SASRA for 2026
Joining and returns
Minimum shares Ksh 5,000, minimum deposits Ksh 2,000; no entry fee, management fee or dividend rate published

How to open this

  • Open with KES 5,000
  • then KES 2,000 a month

What if you stop paying?

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

What if you need the money early?

Ask the SACCO how long it takes to get deposits back, and what happens to your shares.

Who this suits

It could work for you if

You want to check a licensed SACCO on the SASRA list before you ask for its terms.

Think twice if

You need membership terms, charges or rates now.

What they tell you

  • What is the smallest amount you can start with?
    KES 2,000.
  • 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

  • 11 September 2026
    • Somebody read the company's own material only a regulator's listing → researched
    • Smallest monthly payment is now KES 2,000, and was not published before
    • Smallest lump sum to start is now KES 5,000, 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.

Where we got this