VISION SACCO LTD is a strong, reliable and efficient society that was registered on 29th November 1980
Employees of international organization, non governmental organization, foreign missions and embassies are eligible to join
Members admitted in accordance with the By–Laws and are making monthly remittances.
A member becomes eligible after a minimum membership period of four months and on fulfilling all requirements of a specific loan product. Members who transfer their deposits from another Sacco are exempted from the waiting period. However, loan advance can be taken within 1 month after registration provided that the amount can be secured using own funds.
A loan application must be done in writing on prescribed forms which must be fully filled. The applicant must attaché all relevant documents. Alteration will not be allowed.
In addition to shares and deposits a member may invest in a saving account. The Sacco provides the Junior Savings Account and Safari Savings Account.
The Sacco charges interest on declining balance at the applicable interest rate per month.