Looking for a trusted SACCO in Kenya? This guide covers everything about Harambee SACCO in 2025 — the services they offer, loan types, dividend basics, who can join, and an easy step-by-step on how to become a member.
Key Services Offered by Harambee SACCO
Harambee SACCO provides a range of member-focused financial services designed for both salaried workers and the self-employed. Common services include:
- Savings products — shares, fixed deposits, junior savings and targeted savings plans.
- Loan facilities — development, emergency, school fees, asset financing and personal loans.
- Investment & dividends — returns on share capital and interest on deposits.
- Digital banking — online account management, mobile/USSD services and loan applications (availability depends on the SACCO’s tech rollout).
Loan Products at Harambee SACCO
Access to affordable credit is one of the main reasons members join. Typical loan types you’ll find:
Development Loan
For large projects like home construction or buying land. Longer terms and structured repayments.
Emergency Loan
Quick access cash for urgent needs. Usually shorter term and processed faster for members in good standing.
School Fees Loan
Designed to help parents meet school fee obligations with manageable installments.
Asset Financing
Finance vehicles, equipment or other income-generating assets with tailored repayment plans.
Note: Rates, maximum loan-to-share ratios and repayment lengths vary. Always check the latest Harambee SACCO loan schedule or ask at a branch.
Dividends & Interest on Deposits
Harambee SACCO typically pays annual dividends on share capital and interest on deposits. Dividends depend on the SACCO’s yearly performance and the board’s recommendation. Keeping regular savings and shares increases your share of dividends.
Who Can Join Harambee SACCO?
While Harambee SACCO began as a civil service SACCO, membership categories have expanded over time. Eligible groups generally include:
- Government and civil service employees
- Employees from partner organizations
- Private sector employees and self-employed persons (subject to membership policy)
Usual Requirements to Join
- Completed membership form
- National ID or Passport copy
- KRA PIN (where required)
- Passport-size photo
- Initial share contribution / entrance fee
How to Join Harambee SACCO — Step by Step
- Visit the nearest Harambee SACCO branch or the official website (if available).
- Request and fill the membership application form.
- Attach required documents (ID, KRA PIN, photo).
- Pay the entrance fee and minimum share deposit.
- Receive membership confirmation and start saving — then you can apply for loans once eligible.
Contact us if you want help comparing SACCOs or preparing your membership documents.
Frequently Asked Questions (FAQs)
- How do I contact Harambee SACCO?
- Visit a local branch or look for the SACCO’s official website and contact numbers. If unavailable online, ask colleagues or the employer HR department for guidance.
- Can non-civil servants join?
- Many SACCOs have broadened membership; check Harambee SACCO’s current membership policy to confirm eligibility for private-sector workers or self-employed people.
- What is the minimum contribution?
- The minimum varies by product and SACCO policy. Expect a small initial share purchase and monthly savings requirement.
- Does Harambee SACCO offer mobile banking?
- Most established SACCOs now offer USSD or mobile apps. Confirm the exact channels and how to register with Harambee SACCO directly.
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