Overview
The Member Savings Account is available to all registered SACCO members and forms the backbone of your financial relationship with PEWOSA SACCO. Regular deposits build your savings balance, earn annual dividends, and directly increase the loan amounts you qualify for. There is no maximum deposit — save as much as you like.
Eligibility Requirements
- All registered SACCO members in good standing
- No minimum monthly deposit required (regular saving encouraged)
- Account opens automatically at membership registration
Key Benefits
Account Terms
- Annual dividend declared at the AGM based on savings balance
- Withdrawals subject to SACCO policy and notice requirements
- Account balance forms your loan eligibility multiplier
How to Open
1
Register as a SACCO member (see Membership page)
2
Make your initial deposit at the office
3
Continue depositing regularly to grow your balance and loan eligibility
4
Dividends are credited to your account annually
Open this Account
Visit our office or contact us to get started. Our team will guide you through the entire process.
Open Account Email UsDocuments Needed
- National ID (copy)
- Membership registration fee receipt