NRS Sacco, established in 1993, originated from the vision of members of the Nderi Farmers Co-operative Society (Dairy) to create an affordable and accessible savings and credit institution. Initially named Ndetika Rural Sacco, the name reflects its foundation in milk collection centers: Nderi, Tiebae, Karai, and Kamuguga. With an asset base of Kshs 0.62 billion, NRS Sacco offers FOSA (Front Office Services Activities) and BOSA (Back Office Services Activities) products to all members.
Membership Eligibility
NRS Sacco membership is open to:
- All Kenyans, regardless of gender, ethnicity, age, or political background.
- Diaspora members who meet specific criteria.
Membership Requirements
General Membership Requirements
- Membership Application Form:
- Download from the Sacco’s website or collect it from any NRS Sacco branch.
- Fill and sign the form.
- Identification: Provide a copy of your National ID.
- Passport Photo: Submit one recent passport-size photograph.
- KRA PIN: Provide a copy of your KRA PIN certificate.
Diaspora Membership Requirements
- Fill and sign the membership application form available online.
- Provide:
- Copy of Kenyan passport.
- Copy of National ID.
- Recent passport-size photo.
- Copy of KRA PIN.
- Proof of residency (e.g., residency permit or utility bill).
NRS Sacco Products
FOSA Products
- Ordinary/Current Account: Standard account for daily transactions.
- Fixed Deposit Account: Offers higher returns for fixed-term deposits.
- SME’s Business Current Account: Tailored for small and medium enterprises.
- 52 Weeks Saving Challenge: Encourages saving over 52 weeks.
- FOSA Advance Loan: Short-term financial assistance.
- FOSA Bizna Loan: Loan product for businesses.
- Business Loan: For entrepreneurs and business expansions.
BOSA Products
- Share Deposit Savings Account: Savings account linked to shares.
- Share Capital Account: Investment account for Sacco shares.
- Young Achievers Children Account: Savings account for children.
- Chama and Group Account: Designed for groups and chamas.
- E-Loan: Digitally accessible loan.
- Jijenge Loan: Personal development loan.
- Quick Fix Loan: Emergency short-term credit.
- Emergency Loan: For urgent financial needs.
NRS Sacco Branches & Contacts
1. Head Office
- Location: Ondiri House, Next to Equity Bank, Off Kikuyu-Nderi Road, Kikuyu Town.
- Contacts: 0724 256 190 / 0111 161 600.
2. Kinoo Branch
- Location: Opposite Chrisco Church.
- Contact: 0111 161 604.
3. Wangige Branch
- Location: NRS Building, Opposite Wangige Market.
- Contact: 0111 161 602.
4. Nderi Branch
- Location: Opposite Nderi Market Centre.
- Contact: 0111 161 603.
5. Dagoretti Branch
- Location: Opposite Equity Bank.
- Contact: 0111 161 605.
Conclusion
NRS Sacco is a trusted financial partner offering diverse savings and loan products to meet the needs of its members. With its flexible membership policies, a wide range of financial services, and branches in key locations, the Sacco provides a reliable platform for financial empowerment and growth. Joining NRS Sacco ensures access to affordable credit facilities, secure savings options, and personalized financial solutions.
