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Home » Azima Sacco Membership Eligibility & Requirements

Azima Sacco Membership Eligibility & Requirements

by Nyongesa Sande
6 months ago
in Finance
Azima Sacco Membership Eligibility & Requirements
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Azima Sacco, formerly known as Kenya Canners Sacco, was established in 1966 and re-registered on 13th April 1987 under the Societies Act Cap 490. Initially formed by employees of Delmonte Kenya Limited, the Sacco opened its membership to the public in 2016, offering a wide range of financial services.

With 10,344 members across FOSA and BOSA, the Sacco is based in Thika and operates a branch at Ol Donyo Sabuk.


Membership Eligibility

Azima Sacco is open to:

  1. Employees of Delmonte Kenya Limited.
  2. Individuals within the accepted common bond.
  3. Public members who wish to join and meet the membership requirements.

Membership Requirements

  1. Fill in a membership application form (available on the Sacco’s website, headquarters, or branches).
  2. Pay a one-off fee of Kshs 600.
  3. Purchase 600 shares at Kshs 20 each.
  4. Make a minimum deposit contribution of Kshs 1,000.

Membership Benefits

  1. Financial education on prudent money handling, budgeting, and tracking expenses.
  2. Competitive interest rates on savings and loans.
  3. High savings qualify members for:
    • Higher loans.
    • Higher dividends.
  4. Enhanced lending capacity of the society.
  5. Comfortable retirement through high savings.
  6. Funeral cash assistance to family members in the event of a member’s demise.

Azima Sacco Products

FOSA Products & Services

  1. Savings Accounts
    • Ordinary savings account.
    • Fixed deposit.
    • Group savings account.
    • Junior account.
    • Education account.
    • Holiday account.
    • Microfinance account.
  2. Loans
    • Okoa mwezi.
    • Super loan.
    • Salary advance.
    • Pineapple loan.
    • Refinancing.

BOSA Products

  1. Jijenge loan.
  2. Jipange loan.
  3. Jahazi loan.
  4. Normal loan.
  5. Masomo loan.
  6. Emergency loan.

Azima Sacco Contacts

Head Office

  • Location: Azima Plaza Building, Thika Town
  • Contact: 0714 479 004

Ol Donyo Sabuk Branch

  • Contact: 0714 479 004

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