The name ‘2NK Sacco’ isn’t just a popular acronym amongst matatu drivers but a representation of hope for many members. As one of the largest matatu SACCOs in Kenya, 2NK SACCO Society Ltd has been creating waves throughout the country.
Thousands of matatu operators have become members of the organization, and their lives are truly being transformed as they generate more income to save with 2Nk and access fair financial loans.
It is incredibly inspiring to see people in our communities gaining access to resources that help improve their lives and make a difference for their future—all thanks to the 2NK Sacco platform. This blog post will discuss how 2NK Sacco is transforming lives and what makes it successful.
The 2NK SACCO is a transport-based SACCO that has become renowned for its reliable and efficient service. Headquartered in Nyeri Town, 2NK SACCO operates fourteen-capacity vans, executive shuttles, and parcel delivery services.
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2NK SACCO offers transport between popular locations such as Nyeri, Karatina, Kerugoya, Nakuru, Eldoret, Thika, Nanyuki, Kitale, Kisii, and Bungoma.
The SACCO was started in 1994 by matatu owners from Nyeri and Karatina. The Sacco has two types of memberships:
Class A: Here, you will be required to have a new matatu, specifically the Toyota Hiace model. The vehicle has to have the latest registration, but delays in registration can be forgiven.
Once you have this, they make a formal application to the SACCO. If you meet all the requirements, you will be required to pay the entrance fee and are then considered a Class A member. As a class A member, you cannot own up to 7 vehicles per the by-law provisions.
Class B: People who do not own matatus can join for savings and access to loans. The basic requirements are the Kenyan ID and KES 500 to open an account. After that, you must save for a minimum of six months to access the loan service. Members come from every part of the country, but most are from Nyeri, a large part of Central Kenya, and the Mt.Kenya Region.
The main objective of 2NK SACCO is to improve the lives of its members, and they strive to provide efficient services that enable their members to grow financially.
The main benefits of joining the 2NK Sacco platform include:
- Access to Loans: Members can access credit through the SACCO platform, enabling them to cover immediate expenses and pursue further business investments.
- Improve members’ livelihoods: Through the SACCO platform, members can access resources and loans to improve their living standards.
- Increased savings: Members can save with the SACCO, allowing them to invest in their future and get a return on their investment.
- Low transaction costs: The SACCO platform allows members to access credit and other services without incurring high transaction costs.
- Security: The 2NK SACCO platform is secure and reliable, meaning members can trust it when they need access to credit and other services.
- Professionalism: The platform is managed professionally, ensuring that all transactions and interactions are conducted professionally.
Members can access resources and loans that will improve their living standards and secure their futures by joining the platform. The 2NK Sacco platform is affordable, secure, and reliable and has a proven track record of transforming the lives of its members.