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.
