Ushuru Sacco Portal and Contacts

Ushuru Sacco’s Contact is landline number 0207608700. Ushuru Sacco’s head office is located in Ushuru Sacco Centre(Headquarter), Wood Avenue, Kilimani, 52072-00200 Nairobi.  Ushuru Sacco’s email address is info@ushurusacco.com

Below we have highlighted more details on how you can contact Ushuru Sacco.

Ushuru Sacco Contacts

Ushuru Sacco Nairobi Office Contacts

Ushuru Sacco portal

The Web portal is an online platform that allows you to monitor your SACCO status seamlessly. You can access the web portal via this link https://webportal.ushurusacco.com:7100/

Ushuru Sacco account Number

Below are Ushuru Sacco Bank Details

Account Name: Ushuru Sacco Society Ltd
Account Number: 01120040124500
Bank Name: Co-operative Bank of Kenya
Branch: Kilimani

Ushuru Sacco website

Ushuru Sacco’s website is https://ushurusacco.com/

Ushuru Sacco loans

Loans Products

1. Main Loan
2. Refinance Loan
3. Emergency Loan
4. School Fees Loan
5. Special Credit Products

Ushuru Sacco Paybill Number

Ushuru Sacco Mpesa Paybill number is 892800

Ushuru Sacco M-Sacco

M-Sacco is the most convenient and effective solution for Ushuru Sacco to provide mobile financial services to its members. With M-Sacco, members can withdraw money from investment savings, make payments to various Sacco products (Loans, Share Deposits & Investment), and loans not exceeding Kshs.70,000 can be paid through M-Sacco

How to Register for Ushuru Sacco M-Sacco

You need to register your Safaricom M-Pesa mobile line by completing the M-Sacco Mobile Banking application form available at any Ushuru Sacco Branch or download from our web site www.ushurusacco.com in order to have an M-Sacco Account

How to use M-Sacco

M-Sacco is accessed using a mobile phone registered with M-Pesa by simply dialing *346#. This allows registered members to select their preferred service from the M-Sacco mobile menu. The M-Sacco mobile menu is designed to display with any phone.

What is M-Poa Loan

This is an instant loan facility available to M-Sacco registered members through a mobile phone platform.

M-Poa Loan Requirements

1. Applicant must have been an active member for at least 3 months
2. Applicant must be M-Sacco registered
3. Repayment is through M-Sacco or MPESA Paybill
4. The repayment period is 1 – 3 months depending on your selection.
5. Applicant must not be underpaying loans or share deposits
6. The applicant must have accumulated a share capital of Kshs. 30,000.
7. The maximum loan amount is Kshs 100,000.00.
8. The loan shall attract a one-off processing fee of 7.5% for a one-month loan, 8.5% for a two months loan, and 10% for a three months loan of the amount approved.
9. Qualification is based on 3.5 share deposits less outstanding loan balances
10. The loan is unsecured.
11. M-Poa loan defaulters will be blacklisted from accessing M-Poa Loan till the amount defaulted is paid and listed with CRB until the loan is cleared.
12. The transaction will attract Safaricom charges of max. Kshs 22 and SMS charge of Kshs 10 total of Kshs 32 from the amount applied.

M-Poa Loan Features

1. The Member can have 3 MPOA loans but not exceeding Max. eligible amount.
2. The maximum a Member can borrow is Kshs. 100,000/=
3. The repayment period is 1 – 3 months
4. Applicants MUST not be underpaying loans or share deposits
5. The loan shall attract a one-off processing fee of 10% of the amount approved.

M-Poa Loan Application

1. Registered members dial *346#
2. Enter M-Sacco Pin
3. Select Option three (3) M-poa Loan
4. Enter Amount – maximum amount you qualify for.
5. Member receives a message that M-poa Loan has been received and is under process.
6. A member then receives a message on Sacco loan payment via M-Pesa

M-Poa Loan repayment

M-Poa Loan repayment Option 2

1. Dial *346#, enter your PIN
2. Choose Option 5, Sacco Payment
3. Choose Option 2, Loans
4. Select the option for Mpoa Loan
5. Enter the Amount you wish to pay.
6. You will be prompted to enter your MPESA PIN.

M-Poa Loan repayment Option 2

1. Member loads money to M-Pesa
2. Member deposits the funds to Ushuru through Paybill Number 892800 account number being your National
3. ID number followed by a shortcode M. Example 12345678M. Note: M is a shortcode for MPOA Loan.
4. Enter amount. (Amount is loan amount taken by the member)
5. Enter your MPESA PIN.
6. Confirmation of the payment will be sent via SMS.

Conclusion

Ushuru Co-op Savings and Credit Society Limited was formed in 1970 by employees of the then Customs and Excise Department, Ministry of Finance, under the name of Customs & Excise Workers (CUEW) Sacco. At inception, its membership was limited to employees of the Customs Department, although those who were transferred from Customs to other Government Departments were allowed to retain their membership.

When Kenya Revenue Authority (KRA) was formed in 1995, the CUEW Sacco By-laws, in force at the time, did not allow recruitment of members outside the common bond. This necessitated changes to the By-laws in order to allow members from other Government Ministries and Parastatals. In 2002, the CUEW Sacco changed its name to Ushuru Co-op Saving and Credit Society Limited to reflect the new all-inclusive membership that now consisted of KRA employees and other public and private institutions. It s among the best performing Sacco’s in Kenya at the moment.