Safaricom SACCO in Kenya

Safaricom SACCO Ltd was registered in May 2001 to provide members with the opportunity to save and access competitive credit facility to develop and improve their economic and social status. 

The initial membership was 123 by the end of 2001, we are now 3,800 from 23 common bonds. 

While we have grown our membership to over 3,800, our dream is to have have atleast 10,000 members in order to enjoy the power of numbers.
 
The enactment of Sacco Act 2008 which created SACCO Societies Regulatory Authority (SASRA) has improved regulatory framework which in turn has improved the business dimensions within the SACCO sector.
 
With monthly interests as low as 1% on reducing balance, no loan queuing, 5 years repayment period for  loans up to Shs. 6M, efficient management and IT leveraging, Safaricom Sacco Ltd is the financial partner of choice!
 
To maximize on these, we have opened our common bond and are recruiting members from the following  sectors of the economy; M-PESA dealers and agents, suppliers and business partners of Safaricom Ltd,  Firms in Telecommunication Industry, IT industry, Small Sacco’s ready for mergers, relatives and friends  recommended by existing members and others who can faithfully maintain minimum monthly deposit of Kshs  3,000. Interested? Contact us immediately!

In line with our growth prospect, we are seeking to fill the following positions:

Internal Auditor
  • Bachelor’s degree in Accounting or Finance preferred.
  • ICPAK Membership.
  • 3 years’ practical audit experience in busy environment.
  • Strong analytical, written/verbal communication, interpersonal, and relationship building skills.
  • Systems knowledge and familiarity.
  • Ability to adapt to change quickly and multi-task
FOSA Manager
  • Bachelor’s degree in Cooperative Management, Banking, Accounting or Finance.
  • Membership to a professional body.
  • 3 years’ practical experience in FOSA, banking or microfinance management.
  • Strong analytical, written/verbal communication, interpersonal, and relationship building skills.
  • Systems knowledge and familiarity.
  • Ability to adapt to change quickly and multi-task.
  • Ability to market and grow FOSA.

Send response by 14th July to: sacco@safaricom.co.ke