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Good Faith Sacco Membership Eligibility & Requirements

Good Faith Sacco, established on November 21, 2001, began as a self-help group by members of the Full Gospel Churches of Kenya. Today, it is a licensed deposit-taking Sacco with an asset base exceeding Ksh 70 million and a membership of approximately 2,500.


Membership Eligibility

Membership is open to all, including:

  • Farmers.
  • Business community.
  • Investment groups.
  • Pensioners.
  • Salaried persons.

Membership Requirements

1. Individual Membership

  • Fill a membership application form.
  • Provide a copy of ID and KRA PIN certificate.
  • Pay a registration fee of Ksh 600.

2. Joint Membership

  • Fill a membership application form.
  • Provide copies of ID and KRA PIN certificate for both applicants.
  • Pay a registration fee of Ksh 600.

3. Group Membership

  • Fill a group membership application form.
  • Provide copies of ID and KRA PIN certificate of authorized signatories.
  • Submit group minutes resolving to open an account with Good Faith Sacco.
  • Provide a group registration certificate.
  • Pay a registration fee of Ksh 600.

Good Faith Sacco Products

FOSA Accounts

  • Savings Account.
  • Group Account.
  • Boda Boda Account.
  • Joint Account.
  • Fixed Deposit Account.
  • Junior Account.
  • Institution Account.

FOSA Loans

  • Biashara Loan.
  • Payslip Loan.
  • Asset Finance Loan.

BOSA Products

  • BOSA Savings.
  • Sacco Shares: Shares cost Ksh 20 each, with a minimum of 500 shares.

BOSA Loans

  • Normal Development Loans.
  • School Fees/Education Loans.
  • Emergency Loans.

Good Faith Sacco Contacts

  • Head Office: Uplands, Nyambari.
  • Contacts: 0711 263 398 / 0734 824 022.

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