Viktas Sacco, initially registered as Shauri Umoja Sacco Society Limited on 5th July 2006, has evolved over the years through multiple rebrands. From Nyahururu Umoja Sacco Society Limited in 2009 to Viktas Sacco in 2016, the Sacco has grown significantly. With over 7,000 fully paid-up members and 4,500 non-fully paid-up members, Viktas Sacco aims to empower its members economically through innovative financial solutions.
Membership Eligibility
Membership is open to:
- Farmers.
- Business people.
- Employees of institutions.
- Self-help groups.
- Sacco employees.
- Any individual 18 years and above who wishes to join.
Membership Requirements
To become a member of Viktas Sacco, you must:
- Membership Application Form: Complete the application form available on the Sacco’s website or office.
- Identification: Provide a copy of your National ID.
- Registration Fee: Pay Kshs 500.
- Tax Identification: Provide a copy of your KRA PIN certificate.
- Photograph: Submit one recent passport-size photo.
Viktas Sacco Products
1. Savings Products
- Savings Account: General-purpose savings.
- Business Daily Account: For business owners to manage daily transactions.
- Maziwa Instant Account: Tailored for dairy farmers.
- Maziwa Advance: Savings for dairy-related financial needs.
- Fixed Deposit Account: For higher returns on fixed-term savings.
- Sacco Deposit Account: Regular deposit savings.
- Group Savings Account: Designed for chamas and groups.
- Joy Junior Account: For children’s savings.
- Adult Kesho Account: For future-focused adult savings.
2. Loan Products
- Biashara Loan: For business development.
- Normal Loan: General-purpose loan.
- School Fees Loan: For educational expenses.
- Group Project Loan: Funding for group initiatives.
- Emergency Loan: For urgent financial needs.
- Asset Loan: For purchasing assets.
- Mwangaza Loan: Development loan for specific needs.
- Okoa Loan: For financial recovery.
Membership Benefits
- Diverse Products: Tailored to different income groups.
- Loan Flexibility: Up to 3 years repayment period.
- Easy Share Purchase: Simplified process for acquiring shares.
- Instant Loan Processing: Quick loan disbursement.
- Yearly Dividends: Annual returns on investments.
- Competitive Interest Rates: Affordable loans with low interest rates.
- Secure Accounts: Ensures safety of member savings.
- Minimal Requirements: Accessible loans with fewer application hurdles.
Contact Information
- Head Office: Glanin Centre Building, Mairo-Inya Trading Centre, along Nyahururu-Nyeri Road, 6 km from Nyahururu Town.
- Phone: 0729 885 713.
Conclusion
Viktas Sacco is a reliable financial institution providing its members with a wide range of savings and loan products. With affordable loans, competitive interest rates, and tailored financial solutions, the Sacco empowers its members economically while ensuring security and excellent service. Joining Viktas Sacco offers opportunities for personal and business growth through their innovative and inclusive financial products.
