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Home » Nyala Vision Sacco Membership Eligibility & Requirements

Nyala Vision Sacco Membership Eligibility & Requirements

NyongesaSande News Desk by NyongesaSande News Desk
2 years ago
in Finance
Reading Time: 3 mins read
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Nyala Vision Sacco Membership Eligibility & Requirements

Nyala Vision Sacco, registered under the Ministry of Co-operative & Marketing and licensed by SASRA in 2013, is a prominent deposit-taking cooperative society in Kenya. Established on 18th February 2010, it started as a department of Nyala Dairy Multipurpose Co-operative Society and has grown significantly to serve various sectors of the economy.

  • Membership Eligibility
  • Membership Requirements
    • Individuals
    • Groups
    • Business Account
    • Junior Account
  • Membership Benefits
  • Nyala Vision Sacco Products
    • FOSA Products
    • BOSA Products
  • Contact Information

Membership Eligibility

Membership in Nyala Vision Sacco is open to the following categories:

  • All farmers.
  • Groups (youth, self-help, welfare, women).
  • Business people.
  • Institutions and cooperative societies.
  • Pensioners.
  • Salaried persons.
  • Children through their parents.

Membership Requirements

Individuals
  1. Original copy of ID, military ID, or passport.
Groups
  1. Original and copies of IDs of signatories.
  2. Original and copy of registration certificate.
Business Account
  1. Original and copies of IDs of signatories.
  2. Original and copy of business registration certificate.
Junior Account
  1. Copy of child’s birth certificate.
  2. Original and copy of parent’s/guardian’s identity card.

Membership Benefits

  • Access to various loan products.
  • Annual dividends.
  • Ownership in the Sacco.
  • Participation in Sacco annual general meetings (AGMs).
  • Eligibility to be elected to the Board of Directors.

Nyala Vision Sacco Products

FOSA Products
  • Savings account.
  • Institution savings account.
  • Business savings account.
  • Fixed savings account.
  • Junior savings account.
  • Senior citizens savings account.
BOSA Products
  • Development loans.
  • Emergency loans.
  • School fees loans.
  • Microcredit loans.
  • Asset finance.
  • Milk advance.
  • Salary advance.

Contact Information

  • Location: Mahiga Plaza, Ndaragwa.
  • Contact: 0710 401 129

Nyala Vision Sacco aims to offer globally competitive financial services aligned with Vision 2030, promoting high levels of savings and meeting the investment needs of its diverse membership base across Kenya.

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