Mwalimu sacco dividend calculator 98 billion in the financial year ended December 2023. Jan 27, 2025 · Univision SACCO: Offered dividends at 14. The performance of SACCOs in Kenya has been strong, with entities such as Stima SACCO and Mwalimu National setting benchmarks. 69 billion, while the loan book increased by 11% to Sh50 Feb 16, 2024 · 34 safaricom sacco 12%. Mwalimu National Sacco has a total asset base of Ksh. It is born of the premise that we are who we are because a teacher believed in us. In the last financial year, the Sacco paid a 10. Feb 13, 2024 · Teachers have continued to earn immensely from their savings inform of shares at the Saving and Credit Cooperative Societies (SACCO). 91-Day T-Bill: 8. In this regard; 2022 Dividends looming at the rates that will be determined during ADM. Core Capital to Total Assets (CCA): 17. Dec 3, 2024 · Best SACCOs for dividends in Kenya. Below is a list of 20 of the best SACCOs in Kenya in terms of dividends: 1. Dividend Earnings: As an Mwalimu Sacco member, you’ll enjoy annual dividends based on your shares, adding value to your investment. 37 kenya high lands sacco 12%. If you continue to use this site we will assume that you are happy with it. Dec 13, 2024 · Just like other saccos, mwalimu national also pays dividends to members each year at the month of February. 00%: View All SACCOs Show Less. 06 billion, with profits exceeding Ksh. May 26, 2024 · The Sacco minimum monthly contribution stands at KSh 1,000 (or 5% of salary). Insights into SACCO Performance. This will help you make decisions that will benefit you regarding dividends. co. 4% Feb 27, 2024 · Kenya National Police DT Sacco, the third biggest in terms of asset base on Tuesday recommended a dividend payout on a share capital rate of 17 percent amounting to Sh552 million and an 11 per May 3, 2025 · Mwalimu National Sacco: 13. This ranking is per the Saccos interest rates paid on Customer Deposits and Payout of Dividends on Share Capital. Mar 22, 2025 · According to the latest payment rates data,Stima Sacco Society is ranked as the best Sacco in the Country. 13 mhasibu sacco 15%. Nov 16, 2021 · Mwalimu Sacco is also ranked among the best-performing Saccos in the country. 99 million in 2021 to 6. 06 billion or 40. There are a number of loans offered at Mwalimu Sacco as Nov 25, 2024 · The Mwalimu National Sacco National Delegates Meeting will be held on 0/02/2022. Dec 13, 2024 · NATIONAL DELEGATES’ MEETING The Mwalimu National Sacco National Delegates Meeting will be held on 0/02/2022. 43 billion in dividends. See the latest loan repayment schedule, below. With a 1,000 shillings monthly contribution, members can enjoy competitive returns on their savings. Below is a list of Sacco with high dividends and a minimum monthly contribution of KSh 1,000. Safaricom SACCO It offers a variety of financial products, including savings accounts, loans, and investment opportunities. 02%; According to data from the Sacco Societies Regulatory Authority (SASRA), Mwalimu National Sacco tops the list of Saccos in Kenya with the largest assets Feb 13, 2024 · Teachers have continued to earn immensely from their savings inform of shares at the Saving and Credit Cooperative Societies (SACCO). This year, the Sacco is still one of the highest-paying dividend saccos in the country. Get a deeper understanding of Sacco dividends . Oct 10, 2021 · Mwalimu National SACCO loan repayment schedules Mwalimu Sacco Super Loan Repayment Schedule, Interest Rate November 25, 2024 October 11, 2024 Educationnewshub. Gusii Mwalimu Sacco is a member owned and member controlled financial institution offering a diversity of financial products and services to its members at a reasonably low rate of interest. Feb 11, 2025 · SACCO membership grew by 6. The Sacco has an asset base of KSh 19. 2%, rebates on deposits at 10. It is a permanent /long term member’s contribution toward the Sacco capital and forms part of Sacco equity. Dec 13, 2024 · This is one of the largest African Sacco with a membership drawn from teachers all over Kenya. Dividend Yield Formula To calculate dividend yield, all you have to do is divide the annual dividends paid per share by the price per share. ke 0758328201 Gusii Mwalimu Sacco is a member owned and member controlled financial institution offering a diversity of financial products and services to its members at a reasonably low rate of interest. 40 asili sacco 11. Jan 9, 2023 · 3. _____ mobile no _____ Share capital is the money invested in the Sacco by the members/shareholders. pdf, Subject Law, from Jaramogi Oginga Odinga University Of Science And Technology School, Length: 49 pages, Preview: muwalimu National Shaping tomorrow Together MWALIMU NATIONAL SAVINGS AND CREDIT CO-OPERATIVE SOCIETY LIMITED BY-LAWS (REVISED — FEBRUARY 2020) Table of Contents NAME AND AREA Tag Archives: MWALIMU SACCO DIVIDENDS Mwalimu National BOSA loans repayment schedule and interest calculator Are you a member of Mwalimu National Sacco and you […] Sep 11, 2023 · Mhasibu Sacco is one of the best Saccos for dividends payouts. Nyati SACCO. Feb 27, 2024 · Kenya National Police DT Sacco, the third biggest in terms of asset base on Tuesday recommended a dividend payout on a share capital rate of 17 percent amounting to Sh552 million and an 11 per Nov 25, 2024 · RE: ADVANCE AGAINST EXPECTED REBATE FOR THIS FINANCIAL This is to inform you that Advance against expected Interest rebates for this financial year will off Gusii Mwalimu Sacco is a member owned and member controlled financial institution offering a diversity of financial products and services to its members at a reasonably low rate of interest. Aug 31, 2023 · The number of Kenyans who joined Saccos increased from 5. P. 24 billion), Harambee Sacco (Sh38. Mar 12, 2025 · Mwalimu National Sacco had the highest dividend of Sh5. The SACCOs' minimum monthly contribution per member stands at KSh 1,000. With shares of Ksh 1 million,you will earn more than Ksh 140,000 annually. Gusii Mwalimu SACCO is a member-owned and member-controlled financial institution offering its members various financial products and services at reasonably low-interest rates. Mwalimu National is among the SACCOs that paid high interest and dividends to members during the period under review. 5% and deposit interest at 12%. You need to know that the Back Office Services Activities (BOSA) is a department in Mwalimu National which offers various loan products against members’ deposits. 22 percent in the five years to 2023. 7 nation sacco 20%. 94 billion. What is Dividend Advance? This is a loan advanced against dividends to be fully recovered once the dividends are credited to the member account. 23 billion). RE: ADVANCE AGAINST EXPECTED REBATE FOR YEAR 2021 Following the Mwalimu Sacco Board’s resolution on 30th August 2021, the second phase of Advance against expected. 35% : 3 : Co-operative Bank Regulated NWDT Deposit Taking Sacco Ltd : Tier 3 : Employer based : 71. 6 kimisitu sacco 20%. To know if a SACCO is performing well just check the rate paid on savings and share capital dividends. 5 mombasa post sacco 20%. (b) DEPOSITS: Any amount may be accepted towards members’ shares/deposits provided that, the Board may fix a minimum amount that may be paid by a member at any one time for those without loans different from those with loans. 07 billion SACCO members receive dividends on their share capital and Head Office: Mwalimu Towers, Hill Lane, Off – Mara Road, Upperhill. To continue, type the characters you see below: Refresh Captcha. Hazina Sacco Society Ltd offers personal banking, corporate & internet banking services including savings accounts, deposits, debit & credit cards, personal loans, money transfer services in Kenya and East Africa. 7%. Apr 29, 2024 · A SACCO that prioritizes member needs, offers personalized services and maintains transparent communication fosters trust and loyalty among its members. Password. Mar 4, 2024 · “Mwalimu National Sacco Society Ltd occupies a very special position in serving the financial sector nationally,” said Chelugui. info@gusiimwalimusacco. Sacco business period Starts_ 1st […] Apr 28, 2020 · Mwalimu Sacco mobile loans. The highest dividend payout recorded was 25% by 2NK Sacco for the year 2023. 5 percent of the Loan Calculator. 2% dividends. The advance is based on the previous year’s dividends paid and secured with the expected dividends. Best For: Tech-savvy professionals who value convenience. 5 percent dividend on shares and 10 percent interest on member deposits. 1. 02%; According to data from the Sacco Societies Regulatory Authority (SASRA), Mwalimu National Sacco tops the list of Saccos in Kenya with the largest assets Dividend Yield Formula To calculate dividend yield, all you have to do is divide the annual dividends paid per share by the price per share. 3. We use cookies to ensure that we give you the best experience on our website. 42%. Market Analysis Nov 24, 2024 · Mwalimu National SACCO will be issuing advance dividends for this year to members. Afya Sacco is one of the largest deposit taking Saccos in Kenya with an asset base of 20. coop Feb 14, 2025 · Savings and Credit Cooperative Organizations (SACCOs) have long been the backbone of Kenya’s financial system, offering affordable credit, savings opportunities, and wealth creation avenues. Your Savings (Ksh): Loan Amount (Ksh): Annual Interest Rate (%): Loan Term: Years Months Calculate Reset Monthly Payment: Ksh Total Payment: Ksh Total Mar 7, 2023 · Photo: @Gusii Mwalimu Sacco Source: Facebook. It prides itself in having assets of more than $440 million. Dec 13, 2024 · Mwalimu National Sacco has released the amount of dividends that members will receive for the year 2020. BEST PERFORMING […] Nov 25, 2024 · Mwalimu National Sacco has released the amount of dividends that members will receive for the year 2020. 2% dividends, while Stima Sacco paid a dividend rate of 14% and a rebate of 10. Interactive tool to compare Kenya's top SACCOs by dividends, share prices, financial performance and loan rates. Mwalimu Sacco loans . 14 of 2008. Patrick Kilemi, Mwalimu Sacco Chairman Mr. Select Your Sacco: Select a Sacco Harambee Sacco (10%) Stima Sacco (12%) Safaricom Sacco (13%) Mwalimu Sacco (11%) Other (Enter Rate Manually) Number of Shares: Dividend Rate (% per year): Calculate Dividends Sacco Name: Shares Owned: Dividend Rate: Dividend calculator. coop Mar 3, 2025 · For any queries or further assistance, don’t hesitate to contact Mwalimu National DT SACCO. You can perform all the banking tasks such as paying bills, buy airtime, transfer money not to forget getting a Mwalimu Sacco instant loan. Stima Sacco . name:_____ tsc/pf no. From then, the Cooperative’s members were able to use their mobile phone devices to receive or transfer money to another person via MoMo or any other bank account via a USSD Code (*175#). Positive testimonials and referrals from satisfied members often signal superior service delivery. Newfortis SACCO also paid dividends on share capital at 13%, during the financial year under review. The List of Best Performing Saccos In Kenya. 1, 000 per month. The Products offered under BOSA include: (i) Emergency Loans at Mwalimu National: These loans are Mar 13, 2025 · Mwalimu National Sacco. Mar 5, 2024 · Mwalimu National Sacco. 07 billion; Declared 16% dividend on shares and an 11% interest rebate. Things to note: 1. Head office: Gusii Mwalimu Complex, 1st Floor; Contact number: 058 – 2030357; Email: info@gusiimwalimusacco. Box 62641 00200 Nairobi, Kenya Tel: +254 020 295 6000 Mobile: +254 709 898 000 SMS Number: 20156 Email: mwalimu@mwalimunational. Since the month of January 2024 SACCO’s have continued to declare their dividends payout to members after conducting the Annual General Meetings (AGM). ke 0758328201 Jul 22, 2024 · Gusii Mwalimu Sacco Minimum contribution. 11 biashara sacco 17%. Gusii Mwalimu Sacco gives dividends of 12. Mar 24, 2025 · Best SACCOs to join in Kenya 2023/2024- Are you looking for a list of best performing Saccos in Kenya? A good SACCO is one that provides higher returns for members’ savings and share capital. If your shares are worth Ksh 1 million, you will earn dividends of Ksh 125,000 to Ksh 160,000 per year. This will enable you to know the maximum loan amount you can get from the SACCO, based on your loan ability. 18 wana-anga sacco 15%. In 2021, this SACCO paid a 21% dividend on share capital while relishing an 11% interest on member deposits. It is ranked third after Stima Sacco and the Kenya Police Sacco Society. STIMA Sacco. 490B), which mandates that only compliant SACCOs are permitted to engage in deposit-taking and non-deposit-taking financial activities. Multiply your savings by the dividend rate to calculate your potential dividend earnings. In this article, we provide a list of the 78 SACCOs and how they pay dividends to their members. Property Investments: Tap into real estate opportunities through SACCO-backed investments in properties across Kenya. 38%. OVERDRAFT; EMMERGENCY LOAN; SALARY ADVANCE LOAN; SCHOOL FEES LOAN; Umwalimu SACCO Head Office KG 205 St, Kigali, Gasabo-Kimironko. 9%; Institutional Capital to Total Assets (ICA): 11. The formula takes into account the qualifying shares, which are the shares that the member has held for at least six months. The rates are determined by the Sacco financial performance, surpluses, and regulatory approvals. 5% respectively in 2019. Jan 26, 2025 · Based on current trends and available data, it is likely that Mwalimu National SACCO, Stima SACCO, and Kenya National Police SACCO will continue to be among the top performers in 2025. Dec 19, 2023 · The dividend rate is determined depending on the performance of the Sacco. Interest rebates for financial year 2021 will be rolled out from 14 January 2022. 20,000) at 11. Mar 13, 2025 · Mwalimu National Sacco topped the list of the largest dividends at KSh 5. Terms used Rebates Benefits accrued from one’s monthly deposits or savings. Feb 8, 2025 · Gusii Mwalimu Sacco has 6 branches, which are located in Nyamira, Keroka, Ogembo, Kilgoris and Rongo. 36 chai sacco 12%. 2 and 11. The largest teacher-based SACCO in Africa, Mwalimu National SACCO serves educators and TSC employees since 1974. Gusii Mwalimu Sacco’s head office is at the Gusii Mwalimu Complex, Kisii County. 12% – to class a members. Nov 25, 2024 · How to calculate dividends Calculations for Mwalimu National sacco dividends: Suppose the rebates on deposits of a member as at December is Kes. 7. ke 0758328201 May 11, 2024 · The sacco paid a dividend of 17 percent on share capital, amounting to Sh599. Also read: Mwalimu National SACCO Loans And How To Apply S/No. 12 mafanikio sacco 15%. Feb 25, 2025 · The SACCO is recognized for strong financial performance and attractive dividends, providing a 17% dividend on shares and 10. Nov 25, 2024 · Mwalimu National Sacco, MNS, has released a new Wezesha Loan Repayment Schedule. Visit their website at www. If you are joining a Sacco because of the dividends they offer, you need to be aware of these things. 33%. ke 0758328201 Jan 27, 2025 · Head Office: Mwalimu Towers, Hill Lane, Off – Mara Road, Upperhill. 2. In 2023, top leading SACCOs like Stima SACCO and Mwalimu National paid dividends to Kenyans at 15% and 10%, respectively. This is to inform you that the Society will be rolling out the above products for members interested to access it. One of the notable milestone Mwalimu National SACCO has achieved is mwalimu sacco members portal where bonafide members can conveniently access services offered at the sacco online without physically visiting branch office. Amica SACCO Apr 30, 2021 · By Malachi Motano Most Saccos rewarded members with favourable dividends in the 2019-2020 financial year despite the challenges posed by the Covd-19 pandemic. Afya Sacco. 11 billion; Mwalimu retained its position as the top-performing sacco, underlining its commitment to members. 42 qwetu sacco 11%. This equates to an average yield of just over 12. 43 billion), Stima Sacco (Sh59. The advance will be … Read more Document MNS-By-laws. The advance will be … Read more Jan 31, 2022 · -Mwalimu National Sacco (MNS) paid only interests on deposits to members at the rate of 9. 5%; Core Capital to Total Deposits (CCD): 23. […] Feb 27, 2025 · Data from 2023 ranks the top five deposit-taking saccos by assets: Mwalimu National Sacco (Sh66. Deposits grew by 8% to Sh46. 57%, reaching 6. Mar 24, 2025 · advance against expected 2021 interest rebate. The dividends are expressed in percentage. Feb 15, 2024 · In return, you receive a portion of the profits generated by the Sacco, typically distributed annually during the Annual General Meeting . 20,000 shares) and a withholding tax at 10% of dividends plus rebates. It represents your ownership of the Sacco, currently each member has minimum of 500 Shares valued at KES 100. 7 billion and draws members from all sectors of the economy who pay KSh 500 minimum monthly Nov 25, 2024 · Are you a member of Mwalimu National Sacco and you need a loan. Breakdown of Having a current account in Umwalimu SACCO. Provides easy access to financial services through digital platforms. Well. Regularly save at least 5% of the monthly net salary for teachers in Primary and secondary public and privates Schools; Regularly save at least 10% of the monthly salary for non-teacher members working in the Education Sector and UMWALIMU SACCO staff; Dec 13, 2024 · Shares shall form part of the core capital of the Society as stipulated by the Sacco Societies Act No. Mar 27, 2025 · The Business Daily spoke to Mwalimu National Sacco chief executive Kenneth Odhiambo about the health of the sector, and his Sacco’s new investment strategy after it shed the loss-making Spire Bank. Head Office: Mwalimu Towers, Hill Lane, Off – Mara Road, Upperhill. Nov 25, 2024 · Are you a member of Mwalimu National Sacco and you need a loan. Their go-mobile application enables you as a member to transact in the comfort of your office or home. Feb 9, 2024 · As you calculate your Sacco dividends in 2024, you need to understand what influences the amount you receive as dividends. The Sacco has at the same time declared the expected rebates and advances that members can withdraw with effect from November 1, 2020. Dec 21, 2024 · Mwalimu National SACCO will be issuing advance dividends for 2019 financial year to members. coop Apr 9, 2025 · Gusii Mwalimu Sacco is a member owned and member controlled financial institution offering a diversity of financial products and services to its members at a reasonably low rate of interest. Jan 30, 2025 · SACCO dividends in Kenya. Joel Gachari, CEO Mr. Calculate Dividend. Using the above example, the closing balance at the end of the year is Ksh80,000. Phone Number Switch to Email +254. ke 0758328201 MCo-opCash Salary Loan Calculator; Mwalimu Sacco Loan Calculator; Fortis Sacco Loan Products & Calculator; NSSF Contribution Calculator; Kenya National Police DT SACCO Loan Calculator; Kenya National Police DT SACCO Dividend Calculator 2024/2025; Standard Chartered Fixed Deposit Interest Calculator; Stima Sacco Fixed Deposit Interest Rate Jan 29, 2025 · The Sacco Societies Regulatory Authority (SASRA) has officially published the list of SACCOs licensed to operate in Kenya for the financial year ending December 31, 2025. 38 metropolitan national sacco 12%. 43 bingwa sacco 11%. Mar 2, 2025 · Spread the loveMwalimu Sacco continues to shine as a beacon of financial resilience and member-centric innovation, with a 13% dividend payout for 2024. coop Nov 25, 2024 · We wish to reaffirm our commitment in being a solid partner for your financial needs premised on our customer journey mapping. To get Ksh 30,000 a year from my SACCO dividends, I Mar 25, 2025 · Gusii Mwalimu Sacco; Loans, how to join, requirements, offices location and contacts. Feb 17, 2024 · 4 tower sacco 20%. Mwalimu Sacco enjoys the largest membership as it hosts teachers from all over the country. Gusii Mwalimu SACCO. Harambee Sacco Nov 25, 2024 · Loans- Loan Application List and Loan Calculator; Customer Relations; Reports- The following statements can be viewed: FOSA Statement Guarantors Statement Loans Guaranteed Shares Capital Statement Dividend 2018 Statement Dividends Member Statement; How to login to mwalimu national sacco portal membersportal. Mwalimu National Sacco targets employees in the public education sector. Mar 1, 2025 · For those seeking Mwalimu Sacco contacts or information on Mwalimu Sacco dividends 2024, the SACCO’s robust financial health suggests it’s a reliable choice for members. 42 million in 2022, representing an increase of 7. 46 ukulima sacco Feb 26, 2025 · Loan rates start at 11%, with dividends averaging 10-12%. The Giant Mwalimu National Sacco (MNS) paid only interests on deposits to members at the rate of 9. 20,000 shares) and a withholding tax Feb 15, 2024 · In return, you receive a portion of the profits generated by the Sacco, typically distributed annually during the Annual General Meeting . Determine the average amount in your savings or share account during the specified period. 14 mentor sacco 15%. Feb 26, 2025 · 4. In a recent meeting held on 1st March 2025 at the Mwalimu Sacco Towers, Upper Hill, the cooperative […] Dividend calculator. SACCO Share Price Dividend Actions; Mwalimu Mar 5, 2024 · Mwalimu National SACCO; Mwalimu National SACCO is popular among teachers and education sector professionals for its attractive dividends and member-focused approach. 5% to 16% dividends on shares in the company. 15 maisha bora sacco 15%. Monthly rate = 0. M-loan. Feb 26, 2025 · The dividend freeze or cut is a blow to sacco members who have enjoyed annual payouts that ranged between 8. Below are details of Mhasibu Sacco dividends you should know: DIVIDEND QUERIES? Total 0 Shares Share 0 Tweet 0 Pin it 0 Share 0. Invest and Grow SACCO. 57 billion), and Tower Sacco (Sh23. The Products offered under BOSA include: (i) Emergency Loans at Mwalimu National: So far, Ports Sacco has received numerous awards, including best managed Sacco, best capitalised Sacco, best insured Sacco, and highest dividend paying Sacco. It is the highest dividend-paying Sacco in Kenya, with a dividend payout rate of 21% on its share capital. Aug 12, 2024 · Step 3: Propose Dividend Rate: The SACCO’s management proposes a dividend rate based on the remaining surplus, which is then approved by members during the Annual General Meeting (AGM). Sacco Dividends Calculation Methods. 74 billion. 04 million while interest on deposit was at 11 percent, totaling Sh2. Mwalimu National SACCO caters to teachers, providing dividends of 10% to 14% annually, and is known for its education-focused products. 35 gusii mwalimu national 12%. Harambee Sacco was hot on the heels of Tower with Sh2. Example. O. Stima SACCO is a leading SACCO in the energy sector that offers dividends ranging between 14% and 17%, reflecting its strong asset base and consistent growth. Mar 3, 2025 · For any queries or further assistance, don’t hesitate to contact Mwalimu National DT SACCO. 8% interest on deposits in 2024. Here are the full details as released by the Sacco Chief Executive Officer, Alphonse M. 38 billion dividends. Discover how the Sacco is shaping the future of its members and the community. The Sacco’s minimum monthly contribution is Sh1,000 and has an asset base of Sh64 billion. What are the disadvantages of a Sacco? Apr 9, 2025 · Gusii Mwalimu Sacco is a member owned and member controlled financial institution offering a diversity of financial products and services to its members at a reasonably low rate of interest. 11 billion followed by Stima Sacco at Sh5. 17 ollin sacco 15%. The advance will be […] If I’m starting from scratch, here’s how I’d go about paying it with Sacco dividend income. In 2023, Stima SACCO paid 15% dividends, while Mwalimu National disbursed 10%. Dividends Benefits accrued from share capital. SACCOs pay a dividend every financial year. Investment Opportunities Mar 22, 2025 · BRIEF DESCRIPTION OF THE SACCO; Mwalimu National was established in 1974. Dec 13, 2024 · Are you a member of Mwalimu National Sacco and you need a loan. ke; Gusii Mwalimu Sacco is a member-owned and member-controlled financial institution offering its members various financial products and services at reasonably low-interest rates. coop for more information. 22 percent and 10. 13. 45 magereza sacco 11%. Nyati Sacco Nyati Sacco offers a wide range of financial services to its members, including savings, loans and investments. Government Securities. Mwalimu National SACCO Members Portal Mar 27, 2023 · Thursday, May 8, 2025 Aug 6, 2019 · Mwalimu Sacco provides several products and services that are not limited to Bosa Loan Products, FOSA Products, and Business Loans. coop Welcome to Mwalimu National SACCO Members' Portal. 4. 16 nawiri sacco 15%. Here is the communique to all branch chairpersons concerning the advance dividends; SUBJECT: ADVANCE AGAINST REBATE/DIVIDENDS FOR FINANCIAL YEAR 2019: This is to inform you that the Society will be rolling out the above products for members interested to access it Jan 1, 2025 · SACCOs such as Mwalimu SACCO and Unaitas SACCO have consistently paid dividends ranging from 10% to 15%, making them a lucrative option for members seeking both savings and passive income. Dividend Payout: Sh5. ke, offers more than eight years of experience covering finance, business , and technology, providing in-depth analysis of economic trends in Kenya and worldwide. Stima Sacco is yet to declare dividends for the financial year ending December 2023. 07 billion Japhet Ruto, a journalist at TUKO. Mar 13, 2025 · Tower Sacco paid out Sh2. mwalimunational. 15 billion), Kenya National Police Sacco (Sh54. Nyati SACCO (the Highest Dividend Paying SACCO in Kenya) Nyati SACCO is currently the highest dividend-paying SACCO in the country. Also read; Mwalimu National SACCO loans and how to apply: Check off, Salary loans Sep 1, 2023 · Kenya National Police DT Sacco : Tier 1 : Employer based : 72. Invest and Grow SACCO is a premier deposit-taking Sacco that offers members diverse and innovative financial solutions. Mwalimu Sacco is also ranked among the best performing Saccos in the country. Take for instance Stima Sacco, they offer a dividend yield of 14% and 11% interest on share capital. Minimum contribution: Kshs. LOAN PRODUCTS. 84 million members, driven by a strengthened regulatory framework and increased public confidence; The growth of SACCOs was largely attributed to the performance of their assets, deposits, and loans; Mwalimu National, Stima DT and Kenya National Police DT are the largest SACCOs in Kenya 🌱 A milestone for sustainability! On 1/3/2025, PS in the ministry of Cooperative and MSMES Dr. Results are estimates based on standard terms. The Products offered under BOSA include: (i) Emergency Loans at Mwalimu National: Head Office: Mwalimu Towers, Hill Lane, Off – Mara Road, Upperhill. Mwalimu National SACCO. Members started receiving 75 percent of the expected dividends from […] Dec 13, 2024 · RE: ADVANCE AGAINST EXPECTED REBATE FOR YEAR 2021 Following the Mwalimu Sacco Board’s resolution on 30th August 2021, the second phase of Advance against expected. Mwalimu Sacco loan application process has been thoroughly revised to make sure all members access loan and other services equitably. Loan Amount: rate per year (%): Loan term in months: Umwalimu SACCO Head Office KG 205 St, Kigali, Gasabo-Kimironko. 2%. 11 billion, followed by Stima Sacco at KSh 5. Whether you’re a salaried employee, self-employed, farmer, or investor, joining a SACCO is one of the most effective ways to achieve financial growth in 2025. Tower Sacco was among the cooperative societies that paid dividends and interests to members early in January 2024. 44 gdc sacco 11%. Amongst Saccos that paid above Sh1 billion dividends were Imarisha Sacco, Hazina Sacco, Mentor Sacco, Gusii Mwalimu Sacco, Bandari Sacco, Invest & Grow Sacco and the Trans Nation Sacco. Here is the communique to all branch chairpersons concerning the advance dividends; SUBJECT: ADVANCE AGAINST REBATE/DIVIDENDS FOR FINANCIAL YEAR. Sacco Dividend Estimator | BusinessRadar Sacco Dividend Estimator Estimate your annual dividends based on your Sacco shares. Saccos uses different methods to calculate dividends, including the flat rate method and the pro-rata basis method. Police Sacco and Mwalimu Sacco rank in the second and third places, respectively. MOBILE BANKING SERVICE (USSD & Mobile App) Further to its digital transformation agenda, in 2019, Umwalimu SACCO introduced Mobile Banking on its service menu. 13% : 4 : Simba Chai Sacco : Tier 4 : Employer based : 70. Nyati SACCO distinguishes itself by offering an extensive range of financial services, notably its status as the highest dividend-paying SACCO in Kenya, boasting a remarkable 21% dividend payout rate on its share capital. 9 apple sacco 18. 41 mwalimu national 11. Kenneth Odhiambo, board members and delegates officially launched the Mwalimu Sacco Sustainability Report—a testament to our commitment to responsible growth, financial inclusion, and environmental stewardship. Our promise is to always value feedback from you as a pillar in making Mwalimu National a truly member owned SACCO and more inclusive as well as listening entity as we work towards our national brand repositioning in the financial services industry. 66%. Mwalimu National Sacco (MNS) calculates dividends using a formula based on the member’s shares and deposits. 39 n’garisha sacco 11. 07 billion, with the country’s top five saccos splashing Sh19. The terms and conditions of the product will be as follows: 1. The move is in compliance with Section 28 of the Sacco Societies Act (Cap. With an extensive branch network and over 100,000 members, it’s a giant in the sector. 87% : 5 : Ports DT Sacco Ltd : Tier 2 : Employer Aug 31, 2023 · The number of Kenyans who joined Saccos increased from 5. Mwalimu National Sacco loans; BOSA interest rates and loan calculator; TSC loan application process for teachers at Mwalimu National Sacco; Mwalimu National SACCO membership; How to be a member, requirements and benefits; Top 10, Best, Saccos in Kenya 2021 OVERDRAFT EMERGENCY LOAN SALARY ADVANCE LOAN SCHOOL FEES LOAN MEDICAL LOAN ONE LAPTOP PER TEACHER LOAN HOME FURNITURE LOAN BUSINESS LOAN VEHICLE AND ASSET LOAN AGRICULTURE LOAN MORTGAGE LOANS IRAMIRO LOAN CREDIT SOLIDARITY FUND AGUKA-MWARIMU LOAN NGURIZA NIGE LOAN (SCHOOL FEES LOAN) SARURA – MWARIMU LOAN OVERDRAFT Overdraft loan product is a facility that […] Mwalimu National Sacco topped the list of the largest dividends at KSh 5. Sacco Societies Regulatory Authority ranked Kenya Police Sacco as the third largest in the country on asset base as at the end of 2022 when Feb 27, 2025 · Data from 2023 ranks the top five deposit-taking saccos by assets: Mwalimu National Sacco (Sh66. ke Jan 29, 2025 · List of Licensed and Authorized Sacco Societies In Kenya 2025 {Official} Here is a list of all Licensed and Authorized Sacco Societies In Kenya for 2025. Mwalimu Sacco. Step 4: Calculate Individual Dividends: The approved dividend rate is then applied to the number of shares held by each member to determine their dividend. Thursday, May 8, 2025 Jun 28, 2024 · Distributes annual dividends to members based on their savings and shares. Kenya Police Sacco; Stima Sacco; Mwalimu Sacco Gusii Mwalimu Sacco is a member owned and member controlled financial institution offering a diversity of financial products and services to its members at a reasonably low rate of interest. The payments for Advance Against expected rebates for financial year 2022 was rolled out with effect from 23rd July 2022 at 50% of the earned interest rebates for financial year ended 31st December 2021. Follow the simple steps outlined above, and you’ll have your slip in no time. Tower Sacco. 3%, compared to 2019 when it paid the same at 10. 5%. 10 kenya police sacco 17%. Sacco Societies Regulatory Authority (SASRA) – Provides comprehensive reports on SACCO performance and regulations. The list has been released by The Sacco Societies Regulatory Authority (SASRA). 100,000, capital Nov 24, 2024 · How to calculate Mwalimu Sacco dividends for 2022 Just like other saccos, mwalimu national also pays dividends to members each year at the month of February. These SACCOs have consistently demonstrated strong financial performance, a large membership base, and a commitment to innovation and member satisfaction. 8 hazina sacco 19%. ke 0758328201 Dec 13, 2024 · Mwalimu National Sacco has paid the 2023 dividends for 2022 savings. It prides itself on having assets of more than $440 million. 64. Mwalimu National Sacco Loan Calculator Enter your savings to estimate eligibility (up to 5x multiplier, per Mwalimu Sacco terms) or input a custom loan amount. Mar 5, 2024 · Mwalimu National is among the SACCOs that paid high interest and dividends to members during the period under review. In conclusion, accessing your 2024 dividends slip is a breeze with Mwalimu National DT SACCO. Names of the Deposit Taking SACCO […] How are Sacco dividends calculated? In order to use the pro-rata basis method to calculate dividends for the Sacco members, you must convert the annual rate of 5% to a monthly rate by dividing the rate by 12 months: Monthly rate = 5/12. Support from Financial Experts We’re here to support you every step of the way. 5. 75%, compared to 14% and 10. 2% (your total amount at MNS minus the Kshs. Stima Sacco. References and Resources. 08% : 2 : United Nations Sacco Society Ltd : Tier 1 : Employer based : 71. 00%: Apstar Sacco: 10. For example, if a company paid out $5 in dividends per share and its shares currently cost $150, its dividend yield would be 3. In this guide, we’ve curated a […] Feb 16, 2024 · ALSO READ: Mwalimu National Sacco Dividends; How to calculate Dividends and Access Slip. Key features and Benefits. If you need a quick loan without so much paperwork, M-loan is for you. Jan 6, 2024 · How to calculate Dividends. The sacco has declared dividends on total share capital (Kshs. 19 patnas Jan 30, 2025 · The Sacco Societies Regulatory Authority (SASRA) has published the list of SACCOs licensed and authorized to carry out financial services in Kenya in 2025. Gusii Mwalimu Sacco Dividends. fgcilwkngcqahscycuajlwgsgirwwnfxmdzxuxoecgnrtvb