NYUMBA SACCO LTD
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NYUMBA GENERATIONS SACCO LIMITED

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P.O BOX 83594 – 80100
Mombasa, Kenya.
+(254) 792 248 314

Email: info@nyumbagenerationssacco.com;
nyumbasacco@gmail.com
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NYUMBA GENERATION SACCO
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2022 INTERNATIONAL COOPERATIVE DAY - Mombasa County best managed Sacco in private sector award
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2019 BEST MANAGED AND BEST CAPITALIZED SACCO - Mombasa County
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2022 INTERNATIONAL COOPERATIVE DAY - Mombasa County best managed Sacco in private sector award
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BEST CAPITALIZED SACCO AWARD - Mombasa County

BACKGROUND

Nyumba Sacco Ltd was started in 1980 with the objective of providing an opportunity to corrugated Group of Companies employees to save and borrow to meet their socio economic needs.

The Sacco started with a membership of 12 and over time has grown over 1,500 members.

The Society strongly upholds the co-operative principles of voluntary and open membership, democratic member control, member economic participation, autonomy and independence, promotion of education, training and information, cooperation among co-operatives and concern of the community in general.
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MEMBERSHIP

The Sacco membership is drawn from a common bond of Corrugated Group and affiliated companies as below (who are offering long term contacted services or customers) :-
 Corrugated Sheets Limited
 Standard Rolling Mills Limited
 Kavee Quarries Limited
 Mombasa Cement Limited.
 Affiliated Companies

Entrance fee is Kshs. 100
20 shares of Ksh. 50 each
Minimum contribution currently stands at Ksh. 3000 with an annual increment of
Ksh. 100 ☞ Read more

REGISTRATION

Registration forms are available at every station from Sacco representatives or can be Downloaded here

  • Write a withdrawal letter
  • If you have guaranteed, the member you guaranteed should find alternative
  • guarantor(s)
  • Deposits refunded within 60 days
  • -
  • You may opt to retain share or sell/transfer to an existing member
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PRODUCT AND SERVICES

The Sacco's main products are related to the credit and savings. The Sacco aims to have diversified products and services range in order to meet the different needs of its different membership clusters based on age, culture, religion and preferences. Below are the Sacco's current products and services offering:

MISSION, VISSION & CORE VALUES

Mission:Commitment to giving members quality and affordable financial services to uplift their socio-economic status.

Vission: To be the preferred leader in savings and credit services in Kenya.

Core Values:
  • Integrity
  • Transparency
  • Equality
  • Honesty

NYUMBA GENERATIONS SACCO LTD
OUR PRODUCT AND SERVICES Read more
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This is a long term loan granted to our members for their own personal development e.g. buying of land, property or any project. Read more

Features. Interest of 1 % p.m. on reducing balance; The maximum repayment period is 12 months. Read more

This is specifically designed to address the financial needs of the account holder after retirement, dismissal or resignation from formal employment, or permanent disablement due to age, disease or any other cause. Read more

 
BOARD OF DIRECTORS AND SUPERVISORY Read more
CHAIRMAN
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VICE CHAIRMAN
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TREASURER
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SECRETARY
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BOARD MEMBER
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Mr. Brian W. Barasa Mr. Thomas O. Basweti Mr. Elias N. Sindano Mr. James M. Mwosya Catherine N. Kipoto

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