Kenya USA Diaspora Sacco promotes investment opportunities and savings among Kenyans residing in the United States of America, so that they can have a reliable and organized way to invest, access to affordable credit, carry out projects, build businesses, or meet personal and family needs in Kenya. The Sacco was born out of needs and circumstances that Kenyans in the USA encounter everyday such as:
- Banks that impose stringent financial requirements, which are not only cost prohibitive but make qualifications difficult.
- Relatives and friends who often fail us by not executing our agreed upon instructions.
- Unreliable means of investing our money back home.
- Limited control and accountability of our investments and money in Kenya.
The Sacco will therefore provide a solution to the above and more of our financial and investment dilemmas.
As a member of Kenya USA Diaspora Sacco, you will reap the following benefits, and more:
1) Access to an e-Sacco
This is an online system designed with you in mind to offer convenience, 24/7 accessibility, choice and resources you need to help you manage your account, finances and investment decisions in Kenya.
2) Work with a dedicated Team
All members who join this Sacco become equal owners of the Sacco; and as such the current executive and committee members work for you and are answerable to you and will ensure accountability and transparency in all Sacco matters, guarantee that your money is safe and are willing to support and guide you.
3) Enjoy customized and innovative products
From occasional needs to long-term goals, the Sacco products are designed with you in mind to help meet your unique needs and promote your financial well-being today, tomorrow and in the future. As the Sacco grows, we’ll be listening to you and innovating products that align with your goals and needs.
4) Deal with a credible team of experts and professionals
As a member, you’ll have unlimited access to a compliant group of investment, financial and legal experts who will guide and advice you to ensure you’re in control of how and where you invest your money in Kenya.
Kenya Diaspora Sacco has partnered with Safaricom to make loan payments and savings easy for members using Lipa na Mpesa Services.
How to use Kenya Diaspora Sacco Paybill Number 577 427
- Go to Mpesa Menu
- Select Pay Bill from your M-PESA menu
- Enter Kenya Diaspora Sacco Paybill Number 577 427
- Enter membership number e.g KD01234 for account number
- Enter the amount you wish to pay
- Enter your M-PESA PIN
- Confirm details are correct and press OK
- You will receive confirmation message from Safaricom that the money has been transferred to the Sacco.
Kenya Diaspora Sacco Loan Products.
- Normal Loan
- Emergency Loan
- School Fees Loan
- Mega/Consolidated loan
- Premium Loan
- Top up Loan
- KCB/Diaspora Sacco Loans
Kenya Diaspora Sacco Savings Products
- Mavuno Term Deposits
- Isinya-Konza Plots
- Own property
- Goup Investments
- Sheshe Gardens
- Shaba Village
- Flame Tree Ark
- Garden City.
Kenya Diaspora Sacco Contacts
For more information about Kenya Diaspora Sacco Paybill Number 577 427, contact the Sacco on
United States
1320 Roswell Rd
Suite G6
Marietta GA 30062
TEL: 1- 678-398-7728 FAX: 1- 770-509-7150
Email: info@kenyadiasporasacco.com
Kenya Office
Victoria Towers, Ground Floor
Kilimanjaro Avenue, Upper Hill
P.O Box 21372 – 00100 GPO Nairobi, Kenya
TEL: +254 792 746 217
Email: info@kenyadiasporasacco.com
Please use any of the following Safe and Secure payment options to send money to the Sacco, make contributions to your account, invest or buy shares in the Sacco or pay back your Sacco loan.
1. Pay online using WAVE
The Sacco is registered with Wave to accept payments directly to Sacco bank account in Kenya. WAVE services are available to Kenyans in the U.S, Canada and the U.K.
- Open Wave. (Create a profile if you haven’t already)
- Enter Your recipient name. (Example: SACCO). Two options will pop up. Select “New Bank Recipient”)
- Type Kenya USA Diaspora SACCO
- Select the Bank (Coop Bank)
- Enter the SACCO Account Number and click “Save”. This info will be saved for future transactions. Call Sacco @ +1 678 398 7728 or +254 792 746 217 for bank account details.
- Send your money normally. It’s highly recommended that you send an arbitrary figure to distinguish it from others. For example, rather than entering $50.00, you can send $50.45.
- Once you receive a deposit confirmation email from Wave, send it immediately to the SACCO with your name and membership number at payments@kenyadiasporasacco.com
* Note that once you set up the Sacco name and account number in Wave, the steps will reduce to only 3.
2. Pay online using PoaPay
Click Here to be directed to PoaPay Website to make your payment.
Note: If you don’t already have a PoaPay account, you will need to create one.
You will find Kenya Diaspora Sacco listed under ‘List Of Partners and Services’ in the Bill Payment Tab.
3. Direct Deposits or Transfers to Sacco Bank Account in Kenya
Deposits and transfers are strictly made in Kenya Shillings. You can do this through a standing order from your Kenya local bank account, EFT, RTGS, Swift and direct cash/check deposit to the Sacco account.
You may call the Sacco office at +1 678-398-7728 or +254 792 746 217 for bank account details and assistance in making this transaction.
Always ensure your full names and membership number are included with the deposit, then email the deposit slip to the Sacco at payments@kenyadiasporasacco.com to confirm and update your personal Sacco account.
4. Direct Transfer from your USA bank to Sacco Account in Kenya
You can arrange with your U.S bank to have a standing order, SWIFT/EFT/wire transfer to the Sacco bank account in Kenya. Deposits and transfers are strictly made in Kenya Shillings.
You may call the Sacco office at +1 678-398-7728 or +254 792 746 217 for bank account details and assistance in making this transaction.
Always ensure your full names and membership number are included with the deposit, then email the deposit slip to the Sacco at payments@kenyadiasporasacco.com to confirm and update your personal Sacco account.
5. Lipa na M-PESA
The Sacco is registered with Safaricom to accept payments using Paybill number 577427 from a Safaricom registered phone number.
- Go to your M-Pesa menu on your phone
- Select Lipa na M-Pesa
- Select Pay Bill
- Enter the business number (577427)
- Enter your account number (this is your membership number e.g KD01234) you can add to this field a small narration like ‘savings’ or ‘loan payment’ or ‘plot’ or ‘shares’ depending on what you are paying for. The characters in this field are sufficient for all that. e.g. KD01234 Loan or KD01234 savings or KD01234 plot etc
- Enter the amount
- Enter the PIN
- Then ‘confirm’ and ‘send’
- Your will receive a confirmation message saying that funds have been successfully credited to Kenya USA Diaspora Sacco.
6. Moneygram, Western Union etc
You may use your preferred money transfer service to send money to the Sacco bank account in Kenya. Please call the Sacco office at +1 678 398 7728 or +254 792 746 217 for bank account details and assistance in making this transaction.
Always ensure your full names and membership number are included with the sending slip, then email the slip to the Sacco at payments@kenyadiasporasacco.com to confirm and update your personal Sacco account or acknowledge your payment.
