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Location: Nairobi, Kenya
+254 797 932048 / 0707271773
info@sgp-sacco.com / sales@sgp-sacco.com
Staff Email Portal
Our Products & Services

Save, borrow, and invest
with SGP Sacco.

FOSA Services

FOSA (Front Office Services Activity) is a SACCO product that offers basic banking services like those offered by commercial banks however

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BOSA Services

Back Office Services Activity (BOSA) enables a member to make deposits and access credit services. The deposits are non-withdrawable…

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Housing Cooperative

SGP Housing Cooperative Society is a sister company of SGP that offers affordable housing solutions to its members.

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Loans

BUY LAND

* Interest charged at 1% p.m fixed
* Repayment period is up to 6 years
* Funding is up to 5 times
* Loan security asset acquired
* Valuation report is required during appraisal.

MOTOR VEHICLE

Interest charged at 1% p.m fixed.
Deposit 30% then finance 70% - New car
Deposit 40% then finance 60% - Second hand car.
Maximum Repayment period to 3 years.
• Loan security asset acquired.
Comprehensive insurance cover for motor vehicle.
• Car track installed

MOBILE LOANS

• Granted after 6 months savings/member should have an active account.
Member must have minimum share capital of KES 2,500
Maximum loan amount is KES 30,000
• Member must have minimum savings of KES 35,000
Interest rate of 7.5% per month
Maximum repayment period of 1 month
• Qualification to be graduated based on member credit score.

SCHOOL FEES LOAN

* 3-4 times of savings
* Interest rate of 0.8 per month fixed
* At least 6 months savings
* Maximum Repayment period in 24 months
* Submission of fee stracture
* Dispbursement is in form of cheque written in institution's name
* Loan fully secured

MOTORBIKE (BODA BODA/ TUK TUK)

* Interest charged at 1% per fixed
* Deposit 30% finance 70%
* maximum Repayment period 36 months
* Loan Security asset required
* Comprehensive insurance cover for motorbike track must be installed

Savings

MINOR SAVINGS ACCOUNT

A savings account opened on behalf of a minor (0-17) years under the parent/guardians' membership in the child's name (A/C name) and with the parent/guardian as the signatory.
Features
One withdrawal allowed every 4 months.
No opening balance.
Requirements
1.Passport photo for the child
2.Original & photocopy of child's birth certificate
3.Duly filled minor account application form

SHORT TERM LOAN

Loan granted to BOSA members but must be within multiplier and fully secured.
• Maximum loan amount is Kshs.300,000.
• Maximum repayment period is 24 months.
• Interest rate is 1% P/A Fixed.
Can run concurrently with BOSA Development/Normal loan

OWN SHARE

• An individual will be granted 80% of his/her share deposits. Granted after 3 months of saving.
• Interest rate is 1% per month on reducing balance.

FIXED DEPOSIT SAVING POLICY

One has to be a registered member of the SACCO
* Member to sign a contract with the SACCO
* Member to fill the benefit will form
* Copies of identity card,PIN and two coloured passport size
* Minimum interest months (3)
* For future of all intereston premature withdrawal Competitive interest rates .


Who We Are

Building financial security for Kenyans for over 5 years.

SGP Sacco is registered as a credit and savings society ltd under the ministry of co-operative society registered in the year 2021 and therefore governed by the corperative act and by laws. The society was initiated by a group of pastors however Currently open to general public.

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To empower members economically through mobilization of Savings, access to affortable Credit.

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Friendship, Professional, Partnership, Stewardship and Transparency .

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16k+

Members.

0.7B

Revenue

5.2B

Sacco Assets

3.9B

Loan Portfolio.

We offer a wide range of financial products and services to help you achieve your goals.

Become a Member Today


Insights & Advice for Your Financial Journey

News & Articles

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