Your Welfare, Our Business

Chama Account

Chama Account

The Chama Account is a product tailored to suit the needs of investment groups/ ‘chamas’ that increases accountability and trust within your Chama.

  1. A written resolution (minutes) by members to join Nation DT-Sacco
  2. Certificate of incorporation
  3. Company’s PIN certificate
  4. Entrance fee of kshs. 1000
  5. Relevant signing mandates with appropriate identification documents
  6. A copy of the constitution of the group
  1. The Chama will need to have saved for at least 6.
  2. Maximum Loan amount is Kes15,000,000 subject to a maximum 5X group savings, ability to repay and collateral to be issued
  3. Maximum Loan tenure 36 months
  4. Competitive interest rates
  5. Access to free Chama workshops on a quarterly basis
  6. Group members who are individual members of Nation DT-Sacco can co-guarantee the Group Loan

N/B: The Group Chama shall consist of at least 5 members (for registered groups) to a maximum of 35 members.

1 +
Members
1 +
Years of Existence
1 +
Partners