Below are details about Biashara Sacco:

Biashara Sacco Branches and Satellites Contact Details

Headquarter: Biashara Sacco Building, Kimathi Way

• Tel: 0794 896 210/0722 557 188
• Karatina Branch: Next to King’uku Butchery, Opp. New Market
• Tel: 0743 341 990

Othaya Branch: Center Point Plaza Opp. Stage

• Tel: 0786 549 532
• Kiawara Branch: Along Nyeri – Nyahururu Highway
• Tel: 0791 164 580

Nanyuki Branch: Elshadai Bldg, Behind Batian Hotel

• Tel: 0710 094 186
• Embu Branch: Tujenge Bldg, Opp. Kanu Offices
• Tel: 0786 186 408

Rware Branch: Rware Pharmacy Bldg

• Tel: 0775 878 198
• Mukurweini Branch: Next to Kenol Kobil Petrol Station
• Tel: 0727 045 202

Thika Branch: Along Uhuru Street

• Tel: 0721 393 784
• Nairobi Branch: Ngara Road, La Jardine Hotel Bldg.
• Tel: 0733 557 188

Mairo Inya Satellite Office: Along Nyeri- Nyahururu Highway

• Tel: 0791 164 580
• Mwea Satellite Office: Along Makutano – Meru Highway

Biashara Sacco Customer Care Contacts

Address

P.O Box 1895 10100
Kimathi Sreet (Near oman allu) Nyeri
10100 Kenya

MObile

Email:customercare@biasharasacco.co.ke
Telephone:0722557188
Fax: 061 203 4207

Email

support@biasharasacco.com
sales@biasharasacco.com

FULL MEMBERSHIP REQUIREMENTS

Requirements
The Sacco membership is open to all throughout the republic of Kenya. To be admitted to membership one must complete the prescribed application for the membership form. The following is required of the applicant;

1. Registration Kshs 2,000
2. Original ID and photocopy
3. Nominal Shares 50@100= 50,000
4. Development Fee Kshs 200,000
5. Maintenance fee Kshs 200
6. Welfare Kshs 50
7. Monthly Deposits Kshs 2,500

Benefits

1. High rate of Dividends
2. High Interest on Deposits
3. A Variety of Loans
4. Loans 5 times shares
5. Interest loans at  10% p.a
6. Right to vote
7. Decision Making
8. Sacco ownership
9. Shares are  transferable
10. Door to Door Services
11. M-banking facilities
12. Welfare

Biashara Sacco Paybill

Paybill: 400300

Biashara Sacco Loans

NORMAL LOAN

• Account  Operation -6  months
• Loan granted 5 times  shares
• Repayment period 6-36 months
• Interest Rate  0.833% pm on  Principle
• Security –charged land/plot , Motor vehicle Savings and shares
• Waiting period- 3-7 days
  BENEFITS

• Loans 5 times shares
•  Interest 10% p.a

DEVELOPMENT LOAN

FEATURES:

• Account  Operation -3  Month
• Loan granted 10 times
• Maximum loan-Ksh .9 M
• Repayment period 6-36 month
• Interest Rate -1% On  Principle
• Security –charged land/plot,Motor vehicle Savings
• Waiting period- 3-7 days

BENEFITS

• Business Expansion
• Working capital boosting

WOMEN EMPOWERMENT LOAN

Targeted specifically for women, one needs to open and operate a women empowerment account for 3 months.

• Account  Operation -3  Month
• Loan granted 10 times
•  Maximum loan-Ksh .200,000
• Repayment period 6-24 month
• Interest Rate 0.875% pm
•  On  Principle
• Security –charged land/plot, motor vehicle savings 
• Waiting period- 3-7 days
• Suitable for women above 18 years

BENEFITS

• Competitive Interest Rate.
• Empowering women
• Business Starting capital

SISI KWA SISI LOAN

FEATURES

• Instant   Loan. 
• Maximum loan 500,000 
• Repayment period -1-6 month
• Loan  interest-5% per month
• Security –charged land , motor vehicle
• Savings,
• Waiting period -8 hrs 

BENEFITS

• Short waiting period
• Urgent financial need addressed.

EMERGENCY LOAN

FEATURES

• Account operation -3 month
• Security    -charged land/plot, motor  vehicle, savings, and shares 
• Waiting period   1-3 day

BENEFITS

• Settlement of urgent matters e.g.: court cases

JIPANGE LOAN

FEATURES:

• Top Up  Of Normal Loan 
• Account  Operation -6  Months
• Maximum loan –Kshs. 200,000
• Repayment period 1-12 months
• Interest Rate     .833%  per month
• On  principle
• Security –charged land/plot, motor vehicle savings, and shares 
• Waiting period- 1-7 days

BENEFITS

• Interest 10% p.a

BEBA LOAN

FEATURES

• Asset Financing of
• Land/Plots/Cars / M-Bikes/Tanks Account  Operation -3  Months
• Loan granted 3 times  savings
•  Maximum loan-  3 times savings
• Repayment period  6-36 month
• Interest Rate -1% On  Principle
• Security –The Purchased Asset.
• Waiting period- 3-7 days

BENEFITS

• The loan is three times or
• 30% of asset desired
• No security required
• Asset acquired can then be used to secure a loan.

NYONGESA LOAN

FEATURES

• Top  up  For  Biashara  development loan 
• Account operation -3 month
• Maximum loan     200,000
• Repayment  period -1-12 month
• Loan  interest-1% per month
• Security –Charged land, motor vehicle.Savings,           
• Waiting  period -3-7 days

BENEFITS

• Working capital 

MALIPO LOAN

FEATURES

• For Salaried employees
• Account  Operation  -6 month
• Interest Rate – 1 % pm
• Maximum loan-1.5* salary  
• Security –Employer
• Repayment period -1-6 month
• Waiting period-1-7 days

BENEFITS

• Employers  Guarantor ship

SOKO LOAN

FEATURES

• Account  Operation -3  Month
•  Maximum loan-Ksh .200,000
• Repayment period 1-12 month
• Interest Rate -1% On  Principle
• Security –Market stall
• Waiting period- 3-7 day
• Suitable for market traders     

BENEFITS

• Market stall serves as security

CORPORATE LOAN

FEATURES

• Account  Operation -3  Month
• Loan granted 10 times
• Maximum loan-Ksh .5 M
• Repayment period 6-36 month
• Interest Rate -1% On  Principle
• Security –Charged land, plot, motor vehicle, saving
• Constitution and Minutes
• Original IDs  and photocopies  of waiting period -3-7 days

BENEFITS

• Enhance  Institutions development projects

WAKULIMA LOAN

FEATURES

• Account  Operation -3 month
• Agribusiness proposal
•  Maximum loan-Ksh .2 m
• Repayment period 6-36 month
• Interest Rate -1% On  Principle
• Security –charged land/, plot motor vehicle, Savings. 
• Waiting period- 3-7 days
• Suitable for all farmers with
• A  vision in Agribusiness                        

BENEFITS

• 3 months grace period

YOUNG MEN EMPOWERMENT LOAN

FEATURES

• Account  Operation -3  Month
• Loan granted 10 times
• Maximum loan- Ksh. 200000
• Repayment period 16-24 month
• Interest Rate  0.875% pm on  Principle
• Security –charged land/plot ,Motor vehicle, Savings 
• Waiting period- 3-7 days
• Suitable for all men Between  18 – 35 years                

BENEFITS

• 3 months grace period

MEDICAL LOAN

FEATURES
Account operation 3 months

• Provide supporting medical documents.
• Maximum loan – 1,000,000
• Security – Charged land/plot, motor vehicle Savings 
• Repayment period-1-12 month

BENEFITS

• The facility provides easy service to member’s health needs.

SAFARI LOAN

FEATURES

• Account  Operation -3  Month
• Loan granted 5 times
• Repayment period 6-24 month
• Interest Rate 0.875% pm on  Principle
• Security –charged land/plot , Motor vehicle Savings 
• Waiting period- 3-7 days 
• Suitable for business exposure

BENEFITS

• Exploration for business opportunity

BIASCO LOAN

FEATURES

• Account operation – Immediately
• Repayment period     -1-9
• Suitable for all people with insurance needs.
• Security-charged land/plot ,motor vehicle , shares
• Waiting period-instant

BENEFITS

• Timely Settlement For All Insurance Need.

OVERDRAFT LOAN

FEATURES

• Account operation  3 months
• Repayment period-1-12months
• Suitable for Business people Companies
• Institutions and Registered
• Groups
• Security-charged land/plot ,motor vehicle , shares

BENEFITS

• Convenient at own pace Interest-based on overdrawn Amount.

SHAMBA LOAN

FEATURES

• Account  Operation -3 Months
• Minimum contribution -100,000
• Repayment period 3-36 months
• Interest Rate -.1% pm On  Principle
• Security –purchased  land                 
• Waiting period- 1-7 days
  BENEFITS
• Sacco’s plot purchase

SEASONAL LOAN

FEATURES

• Operation -6Months
• Maximum facility 3 Million
• Repayment period 3-36 months on quarterly basis
• Interest Rate -.1% pm On  Principle
• Security – Security-charged land/plot ,motor vehicle , shares
• Waiting period- 1-7 days
  BENEFITS

• Institutional development
• Workers Salaries

SMART MEMBER INVESTMENT LOAN

FEATURES

• Account  Operation -3 Months
• Loan is 5 times deposits
• Repayment period 6-36
• Interest rate 0.833 %  per annum on principle
• Security-charged land/plot , motor vehicle , shares
• Waiting period- 3-7 days
  
  BENEFITS

• Deposits can act as Security
• One can advance to
• full membership after 3 years of operation

MORTGAGE LOAN

FEATURES

• Membership operation – 2 yrs
• Loan granted 5 times savings
• Security –plot to be developed
• Repayment  period- 60 months
• Interest rate  -1% per month on principle
• Waiting period-3-12 days
  BENEFITS

• Grace period 3 months
• Value addition to the plot

Biashara Sacco Savings Products

SAVINGS ACCOUNT

It is a cost-effective and convenient method of saving your business income, salary, or farm proceeds and earns an attractive interest rate.
 
 FEATURES:

• Account  Opening  Kshs  300
• Original ID and photocopy
• Minimum Acc  Balance Kshs 500
• Earns interest
• Account has No Monthly Charges
• Withdrawal in seven days

BENEFITS

• Competitive interest rates on Savings
• No ledger fees
• A Variety of Loans
•  ATM  card provided on request
•  Cheque Book
• Door to Door Services
• M-banking facilities

Open a Biashara Saving account today by talking to us on Tel. . You can also email us at customerservice@biasharasacco.com

WAKULIMA ACCOUNT

It was designed to suit farmers who earn monthly or periodical income from their sales e.g. Dairy, Tea, Coffee, Poultry, Horticulture, Rabbit, Fish e.t.c.

FEATURES:

• Account opening Ksh 300
• Original ID and photocopy
• Suitable for all farmers with
• A  vision in Agribusiness                        

BENEFITS

• A Variety of Loans
• Loans have a grace period of 3 Months
• Can be used to purchase farm inputs and machinery  such as  Generators/ Water pumps/ Posho Mills etc Daily Cows/Poultry/Horticulture products etc
• ATM  card provided on request
• Door to Door Services
• M-banking facilities

BEBA ACCOUNT

Designed to enable medium and small investors to buy assets like motorbikes, motor vehicles etc.

FEATURES:

• Account opening Ksh 300
• Original ID and photocopy
• Savings for 3 Months
• Asset Financing of
• Land/Plots/Cars / M-Bikes/Tanks and Biogass Products

BENEFITS

• Loan is three times or 30% of asset desired
• No security required
• Door to Door Services
• M-banking facilities
• Enhances wealth creation
• Asset acquired can then be used to secure a loan

SMART ACCOUNT
Designed to enable medium and large investors to buy assets like Lorries and other high-value assets.

FEATURES:

• Registration Kshs 1,000
• Minimum Monthly shares Kshs 1,000
• 60 days notice on withdrawal
• Dormancy is 6 months of inactivity
• Reactivation Kshs 500

BENEFITS: 

• Dividends at 10%
• A Variety of Loans
• Loans 5 times savings
• Bridge to full membership
• Door to door Services
• M-Banking

SAFARI CLUB

Introduced to expose our members most of whom are business-oriented to the business world. We organize and finance the business trips. The trip will target the newly opened East African Countries, Dubai or China

FEATURES:

• Account opening Ksh 300
• Original ID and photocopy

BENEFITS: 

• Loan is 5 times savings
• Business trips to countries like Dubai China, Israel, Turkey, India  
• Chance to import or export goods
• Door to Door Services
• M-banking facilities

BUSINESS ACCOUNT

Designed to suit the business community whose income is on daily basis.

FEATURES:

• Account  Opening  Kshs  300
• Original ID and photocopy
• No minimum balance
• No withdrawal  limits
• For All Business People

BENEFITS:

• Bank Overdraft facility
•  Cheque Book
• A Variety of Loans
• ATM  card provided on request
• Door to Door Services
• M-banking facilities

WOMEN EMPOWERMENT A/C

FEATURES:

• Account opening Ksh 300
• Original ID and photocopy
• No minimum balance
• Suitable for women above 18 years
• No ledger fees
• Suitable for Individuals, Joint  or Groups

BENEFITS:

• A Variety of Loans
• Low Interest 10.5% p.a
• Door to Door Services
• M-banking facilities
• ATM  card provided on request
• Cheque Book

MASOMO ACCOUNT

This was designed for those willing to save money for school fees purposes.

FEATURES:

• Account Opening is free
• Minimum Acc  Balance Kshs 500
• Original ID and photocopy
• Quarterly Withdrawals

BENEFITS:

• A Variety of Loans to cater for School College or University fees
• ATM  card provided on request
• Bankers and school fees cheques
• Door to Door Services
• M-banking facilities 

MALIPO ACCOUNT

The Malipo account is tailored for salaried employees working in registered/reputable organizations. e.g. NGOs, Colleges, schools, supermarkets, etc.

FEATURES:

• Account Opening Kshs 200
• Original ID and photocopy
• For Salaried employees
• Civil Servants/TSC / Other
• Private organizations

BENEFITS:

• Low salary processing fee
• A variety of loans
• ATM  card provided on request
• Door to Door Services
• M-banking facilities
• Monthly Check-offs and monthly pension payments

SOKO ACCOUNT

This was introduced to cater to market traders who operate at council stall/kiosk 

FEATURES:

• Account opening Ksh 300
• Original ID and photocopy
• Suitable for market traders

BENEFITS

• A Variety of Loans
• ATM  card provided on request
• Market stall serves
• as security
• Door to Door Services
• M-banking facilities

GROUP ACCOUNT

The above account was designed to enable groups to operate and benefit through their accounts .the group members benefit either individually or as a group.

FEATURES:

• Account opening Ksh 1,000
• Certificate of Registration
• Constitution and Minutes
• Original IDs  and photocopies  of Signatories

BENEFITS:

• Safekeeping of Group money
• Unlimited withdrawals
• Group Loans   and Individual member loans
• Door to Door Services
• M-banking facilities

YOUNG MEN EMPOWERMENT A/C

FEATURES:

• Account opening Ksh 300
• Original ID and photocopy
• No minimum balance
• Suitable for all men Between  18 – 35 years
• No ledger fees
• Suitable for Individuals, Joint or Groups

BENEFITS:

• A Variety of Loans
• Low Interest 10.5% p.a
• Door to Door Services
• M-banking facilities
• ATM  card provided on request
• Cheque Book

FIXED DEPOSIT A/C

FEATURES

• Original ID and photocopy
• To save large sums of Money From Kshs. 300,000 and above
• Fixing periods  6, 9 and 12 Months

BENEFITS:

• Can be Security for Loan
• Favorable interest rates
• Minimizes misuse of Cash
• A Variety of Loans

BOB JUNIOR A/C

FEATURES

• Account opening Ksh 200
• Suitable for Kids                                                    
• Copy of Birth Certificate of Child
• ID copy of Parent/Guardian
• Account managed by parent/ Guardian Until kid is 18 years
• Withdrawal 3 times a year
  BENEFITS:

• Provided with Peggy  bank  Bank
• No Ledger fees
• Enhances a savings culture
• Birthday cards @ year
• Door to Door Services
• M-banking facilities

CORPORATE ACCOUNT

FEATURES

• Account opening Ksh 500
• Suitable for Companies /
• Institutions and Registered
• Groups
• Certificate of Registration
• Memorandum/Articles  of Association
• ID Copies of the Signatories

BENEFITS:

• A Variety of Loans
• Cheque Books
• Door to Door Services
• M-banking facilities
• Agency Banking

How to deposit money to Biashara Sacco and paybill number

Paybill:400300

On your phone go to Mpesa Menu, go to payment, select Pay Bill, enter business no 400300, Account No enter your I.D number or Account number or member number, then enter the amount you want to send and that’s it!