Kingdom Bank
Emerald Sacco
Emerald Sacco was started in 2017 with the objective of providing Kingdom Bank employees a way to save and borrow at affordable rates in order to grow the employees' socio-economic needs.
Emerald Sacco currently offers diverse credit and savings products through its back-office functions with the aim of meeting the social and economical needs of its members
Our History
More about Emerald Sacco
Emerald Savings and Credit Co-operative Society Limited (the “Sacco”” was started in 2017 with the objective of providing a mechanism for Jamii Bora Bank (now Kingdom Bank) employees in Kenya to save and borrow at affordable rates in order to grow the employees’ socio-economic needs. The Sacco later expanded to include other stakeholders of the Bank as a need had been identified amongst them The Sacco currently serves the staff and immediate family members of all Kingdom Bank stakeholders their affiliates and good standing members of the public.
With an initial membership of 150 members in 2017, the Sacco membership has grown exponentially and now boasts of over 2000 members with an asset base of Ksh. 80 million as at November 2024. The Sacco’s head office is currently housed at Kingdom Bank Towers on Argwings Kodhek Road, Kilimani.
The Sacco derives its mandate from the Co-operative Societies Act 2004 and its revised Act of 2012, the Sacco Act 2008, and its By-laws. The affairs of the Sacco are directed by the Board of Directors (BOD) elected by members on an annual basis during the Sacco’s Annual General Meeting (AGM)
Emerald Sacco currently offers diverse credit and savings products through its back-office functions with the aim of meeting the social and economical needs of its members
The Sacco has consistently been growing its membership base for the past seven years.
Emerald Sacco is currently regulated with the Ministry of Co-operatives, Micro, Small and Medium Enterprises Development.
For more info click on the link below: https://emeraldsacco.co.ke
Individual Membership
- Complete Membership Application Form
- Attach copy of Kenyan National Identity Card or Valid Kenyan Passport
- Attach colored passport size photograph.
- KRA PIN
Joint Membership
- Complete the Joint Membership Application Form.
- Attach copy of Kenyan National Identity Card or Valid Kenyan Passport for both applicants
- Attach colored passport size photograph for both applicants
- KRA PIN
Group Membership
- Complete group membership application form
- Attach minutes of the group’s meeting resolving to join Emarald Sacco.
- Attach copies of Identification Cards and photos of all the group members,
- Attach copy of group’s registration certificate.
