Kenya Highlands Sacco, formerly known as Kericho Tea Growers Sacco, was established on 8th August 1991 under the Ministry of Co-operative Development and Marketing. This deposit-taking Sacco operates both FOSA and BOSA activities and is committed to improving the quality of life for its members by providing top-tier financial products and services. With an asset base of Kshs 3.95 billion and a membership exceeding 120,000, it stands as one of Kenya’s prominent Saccos.
Membership Eligibility
Membership is open to individuals from diverse backgrounds, including:
- Tea farmers.
- Dairy farmers.
- Sugarcane farmers.
- Coffee farmers.
- Micro groups.
- Employees of public and private companies.
- Sacco employees and their family members.
Membership Requirements
To join Kenya Highlands Sacco, applicants must:
- Provide Identification:
- A copy of the National ID.
- Pay Registration Fee:
- Kshs 150.
- Be of Good Character:
- Applicants must be of sound mind and not engaged in activities such as money lending or cash daily collection that conflict with the Sacco’s objectives.
- Savings Commitment:
- Show willingness to participate in a regular savings program.
Rights of Members
Members of Kenya Highlands Sacco are entitled to:
- Voting Rights:
- Elect or be elected into the Sacco’s leadership organs.
- Decision-Making Participation:
- Attend zonal meetings and contribute to decision-making.
- Service Access:
- Use Sacco services as per approved policies and procedures.
- Project Submission:
- Propose projects or initiatives aimed at enhancing financial services.
- Information Access:
- Access legitimate information regarding the Sacco.
- Account Statements:
- Receive an annual statement of accounts detailing individual credit and debit transactions. Additional statements may incur a fee.
- Other Rights:
- As stipulated by relevant laws and Sacco by-laws.
Contact Information
- Head Office: Kapsoit Trading Centre, along Kericho-Kisumu Highway.
- Phone: 0719 471 633.
Conclusion
Kenya Highlands Sacco provides a welcoming and inclusive platform for diverse individuals and groups to achieve their financial goals. With a focus on quality services, transparent operations, and robust member benefits, the Sacco offers a strong foundation for financial empowerment. Joining Kenya Highlands Sacco ensures access to affordable credit, reliable savings opportunities, and active participation in a growing financial community.
