Nyala Vision Sacco was registered on February 18th, 2010 under the Ministry of Cooperative and marketing. It initially operated as a department of Nyala Dairy Multipurpose Cooperative Society. Later, the BOSA section was opened and members now started saving money in terms of shares to get financial assistance. The main objective of Sacco is to offer globally competitive financial services, driving a high level of saving and financing member investment needs. Nyala Vision Sacco was licensed by SASRA in 2013.
Nyala Vision Sacco Membership
The following category of individuals can become members of Nyala Vision Sacco:
- All farmers
- Groups like youth, self-help, and women
- Business people
- Pensioners
- Institutions and cooperative societies
- Salaried people
- Children through their parents
NB; There are different requirements for each group of people who wish to join the Sacco.
Nyala Vision Sacco Bosa Products
- Development loan
- Emergency loan
- School fees loan
- Micro-credit loan
- Asset finance
- Milk advance
- Salary advance
Nyala Vision Sacco Savings Products
- Savings account
- Institution savings account
- Business savings account
- Fixed savings account
- Junior savings account
- Senior citizens’ savings account
Nyala Vision Sacco Paybill Number 961900
Here is how to use the pay bill number to access services conveniently;
- Go to M-PESA menu
- Select lipa na M-PESA; pay bill option
- Enter Nyala Vision Sacco Paybill Number 961900
- Enter your account number
- Enter the amount you wish to transact
- Enter your PIN number
- Confirm details and press OK
- You will receive a confirmation message from Safaricom
Nyala Vision Sacco M-Sacco Services *346# or *875#
The mobile banking platform allows registered Sacco members to access Sacco services through their mobile phones. Some of the services on the app include;
- Payment of utility bills
- Statement acquisitions
- Cash transfers to different accounts
- Deposit and withdrawal of cash
- Balance enquiries
Nyala Vision Sacco Contacts
For more information about the products offered as well as the mobile banking service;
Nyala Vision Sacco
P.O. Box 27
Ndaragwa, KENYA
TEL: 0710 401 129
EMAIL: [email protected]
Branches
1.Head Office – 0710401129
2.Shamata Branch – 0710401131
3.Nairutia Branch – 0710401152
4.Wiyumiririe Branch – 0712388244
5.Gwa Kungu Branch – 0712388245
Website: https://www.nyalasacco.co.ke
You can as well see some of the best Deposit Taking Sacco’s in Kenya here.