Connect with us

Hi, what are you looking for?

Finance

Mentor Sacco Membership Eligibility & Requirements

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.

You May Also Like

How To

Visa requirements for Kenyan passport holders differ based on the destination country. While some countries offer visa-free entry, others may provide a visa-on-arrival or...

Business

Installment tax is an estimated income tax that taxpayers pay periodically to the Kenya Revenue Authority (KRA) in anticipation of the final tax liability...

Travel

Tom Johnson stands out as an exceptional software engineer and the creative force behind a groundbreaking travel industry innovation. With extensive experience at some...

Uncategorized

The U.S. Department of State will open online registrations for the Fiscal Year 2026 Diversity Visa (DV) Lottery starting on Wednesday, October 2, 2024,...