WHO WE ARE
Member Sensitive Financial Partner For Over 18 Years
Kencream SACCO was registered on August 2002. It has a membership of over 1500 from parastatals, private businesses, government ministries, organized groups and other organizations. Kencream offers two ccategories of membership which include:
- Salaried members who contribute a minimum of Kshs 3,000 per month.
- Non salaried members who contribute a minimum of Kshs 1,500 per month.
Registration fee is Kshs 1,000. One is required to fill in the members registration form and to carry a copy of national ID.
Our Company History
2002- Establishment of Company
Kencream SACCO is a licensed deposit taking (DT) SACCO located at Dakar Road off Enterprise road, Industrial area Nairobi. The SACCO was established in March 2002 by a group of Staff from New KCC. The society was formed mainly to promote thrift among its members by affording them an opportunity for accumulating their savings; and to thereby create a source of funds from which loans can be made to them exclusively for provident and productive purposes, at fair and reasonable rates of interest; thereby enabling them to use and control their money for their mutual benefit.
2010 - Kencream's BOSA services Improved
The number of members increased plus the set profit target was attained.
2019- opened Front Office Services Activities (FOSA)
The growth is expected to steadily rise in the coming years with the opening of Front Office Services Activities (FOSA) effective January 2019 to offer deposit taking services to its members. This development opened new frontier to new and existing members that registers with the SACCO while at the same time opening Kencream SACCO as a Deposit Taking (DT) SACCO.
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