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Trans National Times Sacco Membership Eligibility & Requirements

Nyongesa Sande by Nyongesa Sande
December 28, 2024
in Finance
Reading Time: 4 mins read
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Trans National Times Sacco Membership Eligibility & Requirements
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Trans National Times Sacco, established in 1977 (CS 2660) and licensed as a deposit-taking Sacco by SASRA in 2011, started with a small membership of about 200. Over the years, the Sacco has grown to serve over 7,000 members across various sectors, enhancing the socio-economic well-being of its members.

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Membership Eligibility

Membership is open to the following:

  1. Employees of Teachers Service Commission (TSC).
  2. KNUT employees.
  3. Members of disciplined forces (KDF, regular police, administration police, prison wardens).
  4. Ministry of Education employees.
  5. Trans National Times Sacco staff.
  6. Diaspora civil servants.
  7. ECD teachers.
  8. Security guards.
  9. Private school teachers.
  10. Business entrepreneurs.
  11. Other acceptable organisations as admitted by the board.

Membership Requirements

To join Trans National Times Sacco, applicants must:

  1. Fill a membership application form, available on the Sacco’s website or at the office.
  2. Provide a recent passport-size photo.
  3. Submit a clear copy of National ID (both sides).
  4. Be 18 years and above.
  5. Not be a member of another Sacco with similar objectives.
  6. Have no convictions for criminal offences involving fraud or dishonesty.
  7. Not engage in money lending or activities detrimental to the Sacco’s objectives.
  8. Be of good character and sound mind.

Products & Services

FOSA Products

  1. Premium loan.
  2. Karibu loan.
  3. Share booster.
  4. Product advance.
  5. Tuliza account.
  6. Fixed deposit account.
  7. Akiba savings account.
  8. Junior account.
  9. Dividend/ interest on deposits advance.

BOSA Products

  1. Normal loan.
  2. Emergency loan.
  3. School fees loan.
  4. Preferential loan.
  5. Smart saver loan.
  6. Asset finance.
  7. Kilimo loan.

Contacts

Head Office: Teachers Plaza, Ground Floor, Next to Kitale Police Station, Kitale Town
Contacts:

  • 0712 585 874
  • 0111 050 510
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