Kenya Police Service SACCO 2023/2024

Kenya Police Service SACCO 2023/2024

Kenya Police Service SACCO 2023/2024 – Details of Kenya Police Service SACCO 2023/2024

Kenya Police SACCO Limited was registered on 20th November 1972 and was issued with a registration certificate number CS/2092. The Society started with a membership of 690 and has since grown to 63,450 members. It has 12 elected members; 9 form the Board of Directors and 3 the Supervisory Committee. Kenya Police Service Recruitment.

Vision

To be a SACCO that empowers members for improved quality of life.

Benefits of membership

  • Low interest rates on loans
  • Instant M-Sacco FOSA loans
  • Affordable property with Investment Co-operative
  • High annual dividends and interest on deposits
  • Loan clearance on behalf of members

Mission

To facilitate the mobilization of savings and provision of cost-effective financial and non-financial products and services to our members and customers in Kenya and beyond.

Motto

United for prosperity

Objectives

  • To encourage thrift among members by affording them an opportunity for accumulating savings
  • To create a source of funds at fair and reasonable rate of interest
  • To provide an opportunity for each of its members to improve their respective economic and social conditions
  • To provide its members with credit for purposes of providence or production or both
  • To offer the members complimentary savings and credit services and other financial products as may be required by the members from time to time
  • To ensure safety and soundness of the members funds through a risk management program or appropriate insurance coverage
  • To ensure the progress of its members by educating them continuously on the proper use of credit
  • To perform the function and exercise the powers designated for savings and credit co-operative societies under the applicable law for the benefit of the members

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