3. SAVINGS ACCOUNT Minimum account balance is Ksh. 1,000. 8.

Minimum account balance is Ksh. 1,000. 8. MAPATO ACCOUNT Features: Features: hospitalization, funeral expenses, court fines and other
Introduction to Chai Sacco Savings Account makes it easy for members to save and One withdrawal per year. This is a transactional account tailored made to answer the Available for members contributing deposits through check unforeseen circumstances beyond a member’s control.
Maximum repayment period of 60 months
Chai Sacco has been empowering our members economically, socially, and financially since 1973 through the provision of financial access the savings at any time as the need may arise. Discounted Holiday rates for Sacco members to various member financial needs. Interest rate of 1.2% p.m. reducing balance off. Features:
services tailored to meet the need of all members. The Sacco has continued to embrace the use of technology for efficient service Features: destinations across the world. Features: Maximum loan of up to 3 times member deposits Maximum repayment period of 48 months Maximum repayment period of 12 months
delivery. The Society is ISO 9001:2015 Certified. Minimum monthly savings of Ksh. 500 Reduces loan burden on members for purposes of holiday and This is a transactional account. Minimum loan amount is Ksh. 250,000 Interest rate of 1.25% p.m. reducing balance Interest rate of 1% p.m. reducing balance
The Sacco is regulated by Sacco Society Regulatory Authority (SASRA), Currently we have Six branches located in Nairobi, Mombasa, Minimum account balance of Ksh. 500 anniversary celebrations. No minimum balance. Flexible loan security such as guarantors and collaterals Maximum loan of up to Ksh. 2 million Maximum loan of up to 3 times member deposits
Kisii, Litein, Nkubu and Silibwet, and satellite offices in Olenguruone, Othaya Kutus, Kangari, Kapsabet and Nyamira. Minimum balance to earn interest is Ksh. 3,000 No monthly charges. Salary must be channeled through FOSA. Guarantors used as security against the loan.
No ledger fees charged on the account. 6. FIXED DEPOSIT ACCOUNT Flexible loan security such guarantors and collaterals Can be accessed by dialling *645#
    The savings can be accessed through mobile banking 3. VISION LOAN
Can be accessed through Mobile banking (M-Chai *645#), over the This is an investment account with a higher interest return on This loan has been tailored to meet members’ needs for
A world class Sacco championing KTDA and its affiliates companies Employees platforms such as M-chai *645#, and Mchai mobile App, 5. INVESTMENT LOAN 8. PRODUCT LOAN
socio-economic transformation. counter and ATM card. money put as fixed deposit. higher credit to finance members’ development projects.
Corporates. ATM card or withdrawal via the counter. The Investment Loan offers members a facility to Product Loan gives members the flexibility to purchase
Cash withdrawal can be done at any time. Features: Unlimited withdrawals. finance the purchase of plots and property being sold
Business people Features: products such as household items, water tanks, motorbikes,
 Women groups, youth groups, self-help groups, community-based organization Used for Salary Processing. Minimum amount to be fixed is Ksh. 10,000. The account is open to all members. Enjoyed by check-off members only. by Chai Diamond Investment Ltd. tuk-tuks, roofing materials, phones, laptops among others.
To empower our members and stakeholders Farmers. 4. CHAI ANGEL JUNIOR ACCOUNT
Minimum fixed deposit period is 1 month. The account will earn interest and paid at the end of the Maximum repayment period of 96 months Features: Features:
through financial products and services by Private companies, NGOs, National and County governments employees, Competitive interest rates offered to members. year as per the board approval, minimal monthly account Maximum repayment period of 72 months Maximum repayment of 36 months
Chai Angel Junior Account is designed for members’ children Interest rate of 1.2083% p.m. reducing balance
embracing change and innovation for Kenyans in Diaspora Any premature withdrawal leads to forfeiture of balance to earn interest ksh 5,000. Interest rate of 1% p.m. reducing balance Interest rate of 1% p.m. reducing balance
socio-economic transformation. below the age of 18 years for the safe keeping of money and Maximum loan of up to 4 times member deposits
Welfare Groups interest. Members can access the LIPA KWA SACCO PAYBILL NO: Maximum loan of up to 4 times member deposits and must Member shall be granted up to Maximum of Kes
saving for the future while enjoying other benefits along the Minimum loan application is ksh 300,000.
Fixed Deposit certificate issued to the member.
SAVINGS PRODUCTS way.
Guaranteed returns as per the deposit contract.
831660 Flexible loan security such guarantors and collaterals not exceed the value of the property being bought. 3,000,000 subject to ability to pay.
 Features: accepted. Member can qualify for another investment loan on
1.SHARE CAPITAL 9. SCHOOL FEE LOAN
Minimum monthly saving is Ksh. 500. 7. CHAIFAMA SAVINGS ACCOUNT Rebates capitalized either to deposits, share capital or loan clearance arrangement within the security earlier provided.
 Share Capital is the shareholding that every member must hold in the Sacco. It is CREDIT PRODUCTS repayment. Loan secured with deposits and purchased land/property Features:
We are committed to highest a long-term investment a member puts in the Sacco for higher returns in form of Minimum account balance is Ksh. 500 Chaifama Savings Account is a unique account designed to
standards of service to our clients. Maximum three withdrawals per year meet the needs for small scale farmers who receive low month- 1. MAIN LOAN 1.5 %Processing fees. from Chai Diamond Investment Maximum repayment period of 12 months
dividends.
This is an all-purpose loan product tailored to meet the 2% insurance fees paid upfront. Deposits committed on the loan shall not be withdrawable Interest rate of 1%p.m. reducing balance
 25% discount on bankers’ cheque ly proceeds from their farming business. It is suitable for both
Features: financial needs of our members whether for development, during the period of the loan. Maximum loan is up to 3 times the deposits.
We are open, transparent, and The account is operated by the guardian. tea, dairy and horticultural farmers.
Minimum monthly contribution of ksh 500. project improvement or investment. Loan Amount Applied (Ksh) Repayment Period Secured using guarantors and any other acceptable
accountable in what we do. Interest paid at 2% above the interest paid on savings. Features:
Member has right to enjoy all the Sacco products and services. 300,000 -500,000 48 months 6. JEKI LOAN collaterals.
No ledger fees charged on the account. Features:
  It earns members dividends. No minimum account balance is required. Maximum repayment period of 48 months 500,001 -700,000 60 Months Jeki Loan is a facility for new members who have low Can be accessed by dialling *645#
We achieve and grow in partnership. Minimum Share Capital is Ksh. 30,000 per member i.e. 1,500 shares @ Ksh.20. Can be accessed through Mobile banking (M-Chai Free processing of monthly payments of up to Ksh. 200 deposits and are in need of credit facility above the limit of
*645#) Free over the counter cash withdrawal for amounts up to Interest rate of 1% p.m. reducing balance 700,001 -999,999 72 Months 10. COLLEGE/University Loan
Can be transferred to another member upon termination of membership. Maximum loan of up to 3 times member deposits their deposits.
  Ksh 200 Above 1,000,000 96 Months This product serves members’ needs to pursue higher
Flexible loan security such as guarantors and collaterals Features:
We seek to learn and better our 2. MEMBER DEPOSITS 5. CHAI PREMIER HOLIDAY ACCOUNT Minimum monthly share capital contribution of Ksh. 20 education.
Long term non-withdrawable savings contributed monthly by the member. 4. GOLDEN LOAN Maximum repayment period of 36 months
work by embracing meaningful Chai Premier Holiday Account has been designed to offer Registration fee of Ksh. 1,000 paid in monthly instalment of Features:
change. Minimum monthly deposit segmented into business. farmers and check off. 2. SUPER LOAN Golden Loan offers members additional credit facility Interest rate of 1.2% p.m. reducing balance
Higher deposits give a member higher borrowing power. members a savings facility towards a vacation plan. at least Ksh. 85. Super Loan is tailored to meet members’ needs for a Maximum repayment period of 24 months
Account can be accessed through ATM and M-Chai when they have exhausted the maximum loan limit based Maximum loan of up to Ksh. 500,000.
 Earn rebates. Features: longer-term loan product to finance their Interest rate of 1% p.m. reducing balance
We espouse fairness and inclusion. services. on their deposits but can repay more loans through the pay 34% of the loan retained as your deposits. Maximum loan of up to 3 times member deposits and
Non-withdrawable however is refundable upon termination of membership as Minimum monthly saving is Ksh. 1,000. investments/projects slip.
per the Sacco by-laws. Minimum interest earning amount is Ksh. Access to Chaifama Loan. 7. EMERGENCY LOAN minimum amount of Ksh. 50,000.
5,000. Emergencies are unforeseen contingencies such as sudden Interest rate is 1% p.m. reducing balance.
Can be used as security against a loan. Can be accessed by dialling *645#
ISO 9001:2015 certified ISO 9001:2015 certified ISO 9001:2015 certified ISO 9001:2015 certified
11. SALARY ADVANCE LOAN Maximum advance repayment period is one month. 16. GROUPS/CORPORATES Ksh 100,000 paid for funeral expenses on death of a member. PRODUCT CODES:
The Salary Advance Loan gives members opportunity to The pay point must be changed and locked to Chai Sacco. This is a tailor-made account for the Original death certificate burial permits must be accompanied for
SAVINGS PRODUCTS CODE LOANS CODE
access short-term credit based on the net salary processed The advance will be recovered from the monthly proceeds. Groups/Chama/Corporates and other institutions. any claim.
The advance is disbursed through the phone to M-Pesa wallet via Members should regularly update their nominee details. Registration Fee RF Main Loan ML
through FOSA with a longer repayment period. Features:
the registered mobile. Normal M-PESA charges apply. Share Capital SC Super Loan SL
Features: The advance to be accessed through the USSD, *645#
Group/Institutions/Companies to be registered as a joint account of OTHER SERVICES Member deposit MD Emergency Loan EL
Salary must be processed through CHAI FOSA savings account. The farmer should not be a loan defaulter. the signatories.
Maximum repayment period of 6 months The group/Institutions/Companies should provide the following Agency Banking Services Savings Account SSA Product Loan PL

Interest rate of 2% p.m. reducing balance 14. MIFUGO LOAN document: Group certificate or certificate of incorporation in case Salary processing Fixed Deposit FD College Loan CU

Maximum loan of up to Ksh. 100,000 Perfect for dairy and beef farmers to help them sort, medium of a company, List of members/Directors, constitution, resolution Bankers’ cheque Chai Angel Account CA School Fees Loan SF
An amount below Kes 20,000 will not require guarantors. and long-term financial needs. to open an account and any other relevant documents. M-Pesa services Chai Premier Holiday Account CH Jeki loan JL Empowering our members economically, socially and financially
Flexible loan security such as guarantors Quick processing rate hence meet the issues at hand The minimum monthly deposits contribution for the group and Chaifama Account CF Vision Loan VL
corporates is ksh 5,000 pm. HOW TO BECOME A MEMBER
Salary advances monthly repayment shall not exceed 50% of the Features: Deposit Cover Account DFA Investment Loan IL
The groups and corporate must subscribe to the minimum Share REQUIREMENTS
net pay processed through FOSA. Tailored for dairy and beef farmers to increase their yields. A copy of the national identification card. Group Account GS Chai fama loan CFL
capital.
Can be accessed by dialling *645# Maximum loan is Ksh 500,000. Corporate Account CS Golden loan GL
All members of the group to be the nominees of the joint account. A clear passport photo.
The farmer to be loaned 50% value of the cow. Agent Account ASA Salary advance SA
12. E- LOAN The groups should be financed based on the project they are Registration fee of Ksh 1,000 which is only paid once at the time
Interest rate 1% pm reducing balance. Chai Diamond Account CDI
E-Loan gives members the flexibility to access credit on the undertaking, and the loan exposure above 300,000 to be secured by of registration and is non-refundable. E Loan CEL
Payable in 36 months. Preferential Deposit Account PDA
go (i.e., through the phone). Member to channel their proceeds through FOSA. tangible collateral. Filling out the Sacco membership form. Group loan GR
The farmer must be a member of the Sacco and saved for at least 3 Corporate loan will be guaranteed by the directors and any other Mapato BA Defaulters loan DL
Features: Form can be downloaded from the website, www.chai-sacco.co.ke
The loan is accessed through mobile phone USSD code *645# or months. collateral as per the credit policy.
M-Chai App. The loan is 3 times of the member deposit. The group members who are also registered members of Chai Sacco HOW TO MAKE PAYMENTS VIA MPESA
CONTACT DETAILS
and contribute deposits regularly can guarantee the group a loan. Head office Nairobi Branch Mombasa Branch
Loan is disbursed through the phone to M-pesa wallet. 15. KILIMO ADVANCE LOAN CHAI House, Ground CHAI House Ground floor, MKU Plaza ground floor
Interest rate of 6% p.m. charged upfront. DEPOSIT COVER On your Mpesa go to MPESA Menu, select Lipa Na Mpesa, Select
The Kilimo Advance Loan gives members the opportunity to & Mezzanine floor, Koinange Street. Koinange Street. Nkrumah Road
Maximum loan repayment period of one month Features: Pay bill, Enter Business No:544200.
access short-term credit based on the net proceeds processed Po Box 278-00200 City square Nairobi. Phone no:0709 808 102 / 0709 808 103 Phone no:0709 808 165
Maximum E-Loan amount is Ksh. 100,000 Member deposits are covered against permanent disability or Under Account number, enter your ID Number +The product
through FOSA with a longer repayment period.
Loan is repaid through Fosa Savings Account or through M-pesa. death of a member. Codes. Phone no:0709 808 000 / 0709 808 100 [email protected] [email protected]
Features: Deposit refunded double the deposits held by the member at the Enter the amount you are paying, Pin and Press Okay to confirm Email: [email protected]
Service fee of Ksh. 50. Proceeds must be processed through CHAI FOSA savings
time of death or permanent disability. the payment.
13. CHAIFAMA ADVANCE account. Litein Branch Nkubu Branch Kisii Branch Silibwet Branch
Maximum repayment period of 6 months Funeral rider of ksh 50,000 when a member loses a spouse or Next to Bureti book centre Next to Equity bank Kwanza Place 2nd floor Uchumi Plaza, Ground Floor
Features: child.
The farmer must be a member of Chai Sacco. Interest rate of 2% p.m. reducing balance
Ksh 100,000 paid for funeral expenses on death of a member. Phone no:0709 808 158 Phone no:0709 808 182 Phone no:0709 808 180 Phone no: 0709 808 159
The member will be advanced in accordance with the amount of Maximum loan of up to Ksh. 100,000 Monthly premium of ksh 100 paid by the member. [email protected] [email protected] [email protected]
green leaf kilos delivered to the factory. An amount below Kes 20,000 will be guaranteed by the member
The maximum advance will be ksh 10 per kg green leaf delivered. deposit. LOAN INSURANCE Satellite Offices
The member can access advance multiple times within the month Flexible loan security such as guarantors Features:
up to a maximum of ksh 10 per kilo delivered. Kilimo advance monthly repayment shall not exceed 50% of the Olenguruone- 0709808163 Kutus-0709808211 Kapsabet-0709808220
Eligibility of the Chaifama advance is recomputed after each net pay after other deductions have been affected. All loans are insured against permanent disability and death of a Dubai Building Ground Floor Kutus Terraces Villa Business Center Ground flr Sonoiya Heights, First floor.
delivery of the green leaf. member. Othaya-0709808213 Kangari-0709808215 Nyamira-0709808217Amboseli House,
The advance will be charged 50 cents per kilogram of green leaf Available to all farmers. Insurance is one shilling per thousand shillings borrowed. Choice Suites Ground floor Opposite Main Market Ground floor. First Floor.
delivered. The member must have saved with the Sacco for 3 months.
ISO 9001:2015 certified ISO 9001:2015 certified Chai sacco society ltd
[email protected]
chaisaccoltd saccochai

www.chai-sacco.co.ke
+254 742 684 335

Chai sacco
+254 709 808 100