Top 10 Saccos: Entrepreneur and former top business anchor TerryAnne Chebet recently revealed that she has joined a Sacco. In a video that was posted on her YouTube Channel, Ms. Chebet said that she had joined Nation Sacco at the start of this year.
The Nation Sacco is based in Nairobi. This Sacco has savings’ packages that will allow you to save on a monthly basis, save exclusively for school fees or holiday, and invest in share capital. In its latest dividend payment for the full year 2020, Nation Sacco gave 15 per cent returns on share capital and 8 per cent returns on member deposits. Loans that exceed a repayment period of one year at this Sacco are fully guaranteed by non-withdrawable deposits. The monthly minimum contribution you can make for these deposits is Sh. 2,000. The deposits will allow you to secure loans at 3 times the total amount saved and guarantee other members’ loans.
Apart from this Sacco, Ms Chebet gave a list of top 10 saccos that you should join today. These saccos include heavyweights in the sacco sector such as Stima Sacco, Kenya Police Sacco, Bandari Sacco, Safaricom and Kimisitu.
TerryAnne Chebet: 10 businesses you can start with Sh. 10,000
Here is the full list of all saccos that made it in her list:
