Tembo Sacco, established in 1972, is a licensed deposit-taking Savings & Credit Co-operative Society regulated by the Sacco Societies Regulatory Authority (SASRA). With an asset base of over Kshs 4.91 billion, the Sacco serves over 7,000 members, offering innovative savings products and low-interest credit facilities.
Membership Eligibility
Initially serving East Africa Breweries Limited employees, the Sacco has now opened membership to the broader market, allowing individuals, groups, and corporates to join.
Membership Requirements
(i) Individual Membership
- Must be 18 years or older, either employed or self-employed in a legal activity in Kenya.
- Complete the membership application form and nominee form (downloadable from the Sacco’s website).
- Provide:
- Copy of National ID.
- Copy of KRA PIN.
- One passport-size photograph.
- Pay:
- Non-refundable registration fee of Kshs 1,000.
- FOSA account minimum fee of Kshs 1,000.
(ii) Joint Membership
- Both applicants must be 18 years or older, either employed or self-employed in a legal activity in Kenya.
- Complete the joint membership application form.
- Provide for each applicant:
- Copy of National ID.
- Copy of KRA PIN.
- One passport-size photograph.
- Pay:
- Non-refundable registration fee of Kshs 1,000.
- FOSA account minimum fee of Kshs 1,000.
(iii) Group/Corporate Membership
- Complete the group/corporate registration form.
- Submit:
- One passport-size photograph for each signatory.
- Copies of National ID for each signatory.
- Copy of the registration certificate or certificate of incorporation.
- For corporates, Articles of Association or Memorandum of Association.
- Resolutions/minutes authorizing account opening with clear instructions.
- Copy of the constitution, signed and stamped by officials.
- List of all members of the group/corporate, including their telephone numbers and ID numbers.
- Pay:
- Non-refundable registration fee of Kshs 1,000.
- FOSA account minimum fee of Kshs 1,000.
Contacts
- Location: Tembo Sacco Plaza, Garden Estate Road, Nairobi.
- Phone: 0722 992 469 / 020 260 3334.
