ADVANCES

This advance is accessed by the Tea farmers who seek to be supported during harvest time. The same is recoverable on monthly basis.

This service is accessible to the salaried clients whose pay point is Daima Sacco.

This service is given to the customers who have qualified for tenders from different institutions. They must provide tender documents before the advance is released.

This service is given to business people who wish to boost their business. It’s more or equal to an emergency loan to business people

This is given to Dairy farmers who require some minor support as they await for the payout at the end of the month.

This is given to Coffee farmers who require some minor support as they await for the payout at the end of the month.

This is an emergency loan given through the mobile platform payable at the end of the month.

This advance is accessible to Tea farmers who are awaiting the bonus to be paid.

LOANS

  • Applicable to business people
  • Business must be in existence for at least 6 months
  • Affordable interest rates
  • Repayment period of up to 36 months
  • Loan processed within 24 hours
  • Applicable to tea farmers
  • Low and affordable interest rates
  • Repayment is done once during bonus time
  • Top ups allowed
  • Can allow farmers to access school fees for their children
  • Requirements: one must be a tea farmer and the proceeds channeled through Daima Sacco
  • This is long term loan given to members to acquire assets like land, buildings, machinery etc
  • Repayable on monthly basis
  • Accessible to farmers and business people.
  • One must maintain an active account for a period of not less than 6 months.
  • Applicable to salaried people
  • Salary must be channeled through Daima Sacco for at least 3 months
  • Repayments made on monthly basis
  • Affordable interest rates
  • Accessible by business people, registered companies etc
  • Must have operated a Daima Sacco account for not less than six months
  • Must present the tender issuance documents i.e. LPOs, letter of undertaking
  • Affordable interests rates applies
  • Repayments made on monthly basis
  • Applicable to dairy farmers
  • Affordable interest rates
  • Repayable on monthly basis
  • Milk payments should be through Daima Sacco for at least 3 months
  • Applicable to coffee farmers
  • Low and affordable interest rates
  • Repayment is done once during payout time
  • Top ups allowed
  • Can allow farmers to access school fees for their children
  • Requirements: one must be a coffee farmer and the proceeds channeled through Daima Sacco
  • Applicable to registered groups
  • Groups must be of not less than 7 members
  • Group must have operated the account for at least 3 months
  • Can be accessed by bodaboda groups, self help groups and its members, chamas, churches etc

 

  • Applicable to persons within the range of 18-35 years of age
  • Friendly interest rates
  • Can access loans of up to ksh. 100,000
  • Must have operated an active account for not less than 6 months
  • Accessible by groups or individuals

FOSA PRODUCTS

  • Mostly used by farmers for payouts. E.g. tea, coffee, dairy farmers etc
  • Has a minimum balance of Ksh. 400
  • Attractive interest rates at the end of the year.
  • Can be used to access Tea loan, Coffee loan and Maziwa loan.
  • Attractive interest rates
  • Zero rated account
  • Can be used to access business loan, market advance, salary loan, salary advance
  • Account for children below 18 years
  • Minimum book balance of Ksh.500
  • Attractive interests on savings
  • Piggy banks available
  • Yearly junior account holders celebrations
  • Special gifts for best savers
  • Gives opportunity for people to save for holiday vacation.
  • Withdrawals made between 15th December to 15th January every year.
  • Attractive interest rates on savings at the end of the year.
  • Has a minimum balance of Ksh.400
  • Withdrawals can be made more than once in a day.
  • Statement available on request.

  • Can be used to access business loan.

  • Must have a minimum of 7 people and above
  • Must be registered with the ministry of social services, gender and culture
  • Should be operated by signatories
  • Attractive interest rates on savings
  • Can be used to access microfinance loans
  • Opening balance of Ksh.1000
  • Copy of registration certificate
  • Minutes with an agenda to open an account with Daima sacco
  • Id copies of the signatories
  • Passport photo size of the signatories
  • Operated by at least 2 or a maximum of 5 people.
  • Minimum balance of Ksh.400
  • Id copies of the signatories
  • Passport photo size of the signatories
  • Account tailored for organizations like churches, schools, hospitals and companies
  • Has a minimum balance of ksh. 2000
  • Should be operated by the officials/or directors
  • Can be used to access tender loans
  • Attractive interest on savings

 

  • Savings fixed for a period of 3,6,9 and 12 months
  • Very attractive interest rates of up to 10%
  • Interest rates are negotiable between the Sacco and the account holder
  • Applies for savings above ksh. 5000

OTHER SERVICES

  • This service is provided to the retired people who receive their pensions through Daima Sacco

  • One can qualify for an advance awaiting the pension to be processed.

Sale of Cheques
  • This service is given to all members who receive their payout through Daima Sacco.
  • It is accessed by members who have borrowed loans with Daima Sacco.
  • This service is given to all our members just to ensure that they get more skilled on our products and services and also on other alternative ways of getting/earning income.
  • This service is offered to any customer willing to have their valuable documents kept in a safe custody at a small fee.e.g. Title deeds, Marriage certificates, Proffesional certificates

  • This service is given to Mpesa operators who wish to sell and buy float from Daima Sacco.

  • This service is given to customers who are account holders of Daima Sacco but they transact through Sacco link.