Kencream Sacco is a licensed deposit taking Sacco formed to promote thrift among its members by affording them an opportunity to accumulate savings and thus create a source of funds from which loans can be made to them exclusively for productive purposes and at reasonable rates. It was registered in August 2002 and currently has a membership of over 1500 from parastatals, private businesses, government ministries organized groups among others.
How To Become A Member of Kencream Sacco
Any applicant wishing to become a member should duly fill and sign an application form and attach a copy of ID, passport photo and KRA pin. A registration fee of 1000 shillings should also be paid
- Minimum monthly deposit contribution of 1500 shillings
- Benevolent fund contribution of 200 shillings
- Every member gradually contributes towards the share capital ( a minimum of 15000)
Kencream Sacco Loan Products
Long Term Loans
- Car loan
- Development/ normal loan
- Upesi loan
- Super loan
Short Term Loan
- Consumer loan
- Bima loan
- School fees loan
- Karibu loan
- Emergency loan
Instant Loan
- Express loan
- Weekender loan
- E-loan
Fosa Loans
- Salary advance
- Special salary advance
- Salary jipange loan
- Non check off loan
Kencream Savings Products
- Deposit savings
- Share capital savings
- Christmas savings
- Benevolent fund
Kencream Fosa Products
- Super account
- Fixed deposit account
- Jaza jaza account
- Junior club account
- Busara account
- Chama savings account
- Crystal account
Kencream Sacco M-Sacco Services *850#
To access these services, a member must fill and submit the mobile banking application form. It can be accessed by dialing *850# or installing the Kencream app from Google play store. The advantage of using mobile banking services is that it allows you to carry out transactions like mini statement inquiry and checking of account balances from the comfort of your home or office thus saving you a lot of time and resources.
Kencream SaccoPaybill Number 400200
Here is how to use the pay bill to access the services conveniently;
- Go to M-PESA menu
- Select pay bill
- Enter Kencream SaccoPaybill Number 400200
- Enter account number 01120006510900
- Enter amount you wish to pay
- Enter your M-PESA pin
- Confirm details and press OK
- Wait for an SMS confirmation from Safaricom
Kencream Sacco Contacts
For more information on any of the products;
P. O Box 30131 Nairobi
Dakar Road Industrial Area
CALL: 0703 756 350 or 0203 980 100
EMAIL: [email protected]
Website: https://kencreamsacco.co.ke
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