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Save with purpose. Borrow with confidence. Grow together.

Chuka University Sacco Society is a member-owned savings and credit cooperative helping staff, students and the wider community build lasting financial security.

Our Sacco

Built by members, for members

We exist to mobilise savings and provide affordable credit to our members. Every shilling deposited stays within the membership, funding loans that build homes, pay school fees, start businesses and cushion families in emergencies.

Governance rests with the members through the Annual General Meeting, an elected management committee and a supervisory committee that safeguards your deposits.

Why Choose Us

  • Competitive Returns — Enjoy competitive dividends and attractive returns on your savings and shares.
  • Affordable Loans — Access flexible and affordable loan products designed around your financial needs.
  • Member-Focused Service — As a member-owned SACCO, your interests and financial growth come first.
  • Fast & Confidential — Experience friendly, efficient and confidential service throughout your financial journey.
0
Active members
0
Member deposits
0
Average dividend
0
Loan turnaround
PRODUCT
PERIOD
INTEREST RATE
LOAN LIMIT
NOTES
 
Salary Advance
10 months
5.0% p.m on
reducing balance
Determined by
the net pay
2/3 rule
 
Emergency Loan
10 months
1.33% p.m on
reducing balance
Three times the
number of shares
≤ ksh300,000
Emergencies including Hospitalization, Court fine,
Funeral expenses, Unforeseen circumstances
Documentation evidence is needed  2/3 rule
 
School Fees Loan
12 months
1.33% p.m on
reducing balance
Three times the
number of shares
≤ ksh300,000
Cheque is drawn to the institution
 
Development Loan
84 months
14.5% reducing
balance
4 times a member’s
deposits
Support purchase of land, building of houses and any
other development project
 
Super Normal Loan  
1.42% p.m on
reducing balance
 

It’s a loan that is given with alteration of the terms and conditions of loan in following ways:
Increased/ longer repayment period (up to a maximum of 72 months)

Given before a member saves for at least six(6) months before application

 

Super Normal Loan

 
1.5% p.m on flat
basis
 

It’s a loan that is given with alteration of the terms and conditions of loan in following ways:
Increased/ longer repayment period (up to a maximum of 72 months)
Given before a member saves for at least six(6) months before application

 

 

Related Articles

Board of Management

Supervisory Board

Board of Directors

Contact Us

📍 Chuka, Tharaka-Nithi, Kenya
📞 +254 743 573 360
✉️ info@chukaunisacco.co.ke
🕐 Mon - Fri: 8:00 AM - 5:00 PM

 

CU Sacco @ 2023