Connect with us

Hi, what are you looking for?

Finance

Nyala Vision Sacco Membership Eligibility & Requirements

Nyala Vision Sacco, registered on 18th February 2010, operates as a licensed deposit-taking Sacco under the Sacco Societies Regulatory Authority (SASRA) since 2013. The Sacco aims to provide globally competitive financial services, promote savings, and finance member investments. It currently boasts an asset base of Kshs 0.76 billion.


Membership Eligibility

Membership is open to all persons in Kenya, including:

  • Farmers
  • Groups: Youth, self-help, welfare, and women groups.
  • Business People
  • Institutions and Co-operative Societies
  • Pensioners
  • Salaried Persons
  • Children (through their parents or guardians)

Membership Requirements

1. Individual Membership

  • Original copy of ID/ Military ID/ Passport.

2. Group Membership

  • Original and copies of IDs for all signatories.
  • Original and copy of Group Registration Certificate.

3. Business Account

  • Original and copies of IDs for all signatories.
  • Original and copy of Business Registration Certificate.

4. Junior Account

  • Copy of the child’s Birth Certificate.
  • Original and copy of the parent’s/guardian’s Identity Card.

Membership Benefits

  • Access to affordable loans.
  • Annual dividends.
  • Ownership of the Sacco.
  • Participation in Annual General Meetings (AGMs).
  • Eligibility for election to the Board of Directors (BOD).

Nyala Vision Sacco Products

FOSA Products

  • Savings Account
  • Institution Savings Account
  • Business Savings Account
  • Fixed Savings Account
  • Junior Savings Account
  • Senior Citizens Savings Account

BOSA Products

  • Development Loans
  • Emergency Loans
  • School Fees Loans
  • Microcredit Loans
  • Asset Finance
  • Milk Advance
  • Salary Advance

Nyala Vision Sacco Contacts

  • Location: Mahiga Plaza, Ndaragwa.
  • Contact: 0710 401 129.

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,...