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Home » Mentor Sacco Membership Eligibility & Requirements

Mentor Sacco Membership Eligibility & Requirements

by Nyongesa Sande
11 months ago
in Finance
Mentor Sacco Membership Eligibility & Requirements
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Mentor Sacco Society Limited, established in 1977, is a fast-growing financial institution offering tailored financial solutions. With over 40 years of experience, the Sacco serves a community of more than 25,000 members.


Membership Eligibility

The Sacco welcomes membership from a wide range of individuals and groups, including:

  • Civil servants.
  • Disciplined forces.
  • Employees of private companies.
  • Approved entrepreneurs.
  • Groups (chama) and other institutions.
  • Local authorities.
  • NGOs.
  • National and county government employees.

Membership Requirements

To join Mentor Sacco, applicants need:

  1. Copy of National ID/Passport.
  2. Copy of KRA PIN certificate.
  3. Original payslip or a letter from the principal/head teacher (for BOG/PTA employees).
  4. Registration fee of Kshs 1,000.

Mentor Sacco Products

(a) Savings Products

  1. Mentor Holiday Account
    • Helps plan and save for your dream holiday.
  2. Mentor Junior Account
    • Teaches kids the basics of financial management while securing their future.
  3. Mentor Personal Savings Account
    • Allows flexible savings for emergencies or future plans.

(b) BOSA Loans

  1. Imara Loan
    • Tailored for development needs.
  2. School Fees Loan
    • Designed to help with school fee shortages.
  3. Jijenge 25 Loan
    • Supports long-term development goals.
  4. Instant Loan
    • Provides quick access to funds for projects.
  5. Emergency Loan
    • Covers unexpected financial needs.
  6. Normal Loan
    • Offers straightforward borrowing for various goals.
  7. Jijenge 19 Loan
    • Another option for long-term development aspirations.

(c) FOSA Loans

  1. FOSA Imara.
  2. Jambo FOSA.
  3. Quick Fix Loan.
  4. FOSA Pride.
  5. Salary Advance.
  6. Salary in Advance.

(d) Investment Products

  • Ordinary Deposits.
  • Golden Account.
  • FOSA Deposits.
  • Share Capital.
  • Mazao Deposits.
  • Fixed Deposit Account.

Mentor Sacco Contacts

  • Head Office: Mentor Complex, Uhuru Highway, Murang’a.
  • Contacts: 0111 026 000 / 0704 066 827.

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