Nacico Sacco Membership
SACCO membership · Regulated by the SASRA
A member-owned SACCO licensed by SASRA. To join, you pay a one-time fee, a small monthly welfare fee, and you save each month. They do not publish the rate they pay on your savings.
Hear when this changes
The details that matter for this kind of plan
- Joining fee
- KES 400 one-off
- Minimum monthly deposit
- KES 3,000
- Benevolent fund
- KES 250 per month
How to open this
- then KES 3,000 a month
What does it cost you?
| Taken off each payment you makeOne-time membership fee | KES 400 |
|---|---|
| Admin chargeBenevolent fund (monthly) per contributor | KES 250 |
What if you stop paying?
You may fall out of good standing. You still owe any loan you took. Ask for the arrears rules before you join.
What if you need the money early?
They do not publish a notice period for getting deposits back. Ask what you get back and when before you sign up.
Who this suits
You want a licensed SACCO and you can keep up a set monthly saving.
You need quick access to your money or you cannot make a monthly deposit.
What they tell you
- What is taken off the money you pay in?KES 400, taken from One-time membership fee.
- What is the smallest amount you can start with?KES 3,000.
- 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: nacicosacco.coop
- 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
- 22 August 2026
- Somebody read the company's own material only a regulator's listing → researched
- Smallest monthly payment is now KES 3,000, and was not published before
- Taken off each payment you make is now KES 400, and was not published before
- Admin charge is now KES 250, 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.
“Benevolent fund (Monthly) per contributor kes 250.00”
“Membership Fee (only once) kes 400.00”
“Share contributor (Monthly) Minimum kes 3,000.00”
“Listed as a deposit-taking SACCO by SASRA for 2026”
SASRA: list of licensed and authorised Sacco societies, FY ending 31 Dec 2026the regulatorread 2026-09-16
Where we got this
- NACICO SACCO Society – Membership application formthe company itselfRead on 2026-08-22
- Read on 2026-09-16