Njepe Welfare
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Products Built for Your Goals
Whether you’re saving for the future, growing your business, or building wealth from abroad — Njepe has a product designed specifically for you.
Savings Products
Save Smarter. Earn More.
Ordinary Shares
Your ownership stake in Njepe Welfare
✓ All Members
Annual Dividend Rate12–14%
- Minimum KES 500/month contribution
- Earns annual dividends declared at AGM
- Increases loan eligibility multiplier
- Transferable to next of kin
- Digital management via app
Fixed Deposit
Lock in superior returns for a set period
✓ Existing Members
Interest Rate (12 months)10% p.a.
- Minimum KES 50,000 to start
- Tenors: 3, 6, 12, 24 months
- Higher rates for longer tenors
- Interest paid monthly or at maturity
- Rollover option available
Goal Savings
Save with purpose — school, home, business
✓ All Members
Interest Rate8% p.a.
- Set goals: education, home, business, travel
- Automated monthly contributions via M-Pesa
- Progress tracker on mobile app
- Penalty-free early withdrawal option
- AI-powered savings recommendations
Loan Products
Finance Your Dreams,
On Your Terms
Development Loan
Build your home, invest in your future
✓ 6+ months membership
Interest Rate1% p.m.
- Up to 3× your savings balance
- Repayment: 12–48 months
- No application fee
- 48-hour approval via digital platform
- Early repayment — no penalty
Emergency Loan
When life happens — we’re ready in hours
✓ 3+ months membership
Interest Rate1.2% p.m.
- Up to KES 200,000 per application
- Repayment: 3–12 months
- Disbursement within 4 hours of approval
- Reduced documentation requirements
- Available via WhatsApp request
School Fees Loan
Invest in the next generation
✓ Active members
Interest Rate0.8% p.m.
- Direct payment to institutions available
- Covers primary through university
- Repayment aligned to school terms
- Flexible repayment during holidays
- Up to KES 500,000 per application
Financial Calculators
Estimate your loan repayments, savings growth, and expected dividends in seconds.
Loan Calculator
Savings Calculator
Dividend Calculator
Monthly Repayment
KES 17,698
Total Repayment Amount
KES 212,376
Total Interest Cost
KES 12,376
SME Financing
Fuel your business growth
✓ Registered businesses
Financing AmountUp to KES 5M
- Working capital & asset finance
- LPO and contract financing
- Business advisory support included
- Flexible collateral requirements
- Dedicated relationship manager
Diaspora Banking
Stay connected to home, wherever you are
✓ Kenyans abroad
FX RateCompetitive
- Contribute savings from abroad via SWIFT
- Property investment facilitation
- Proxy representation at AGM
- Video-call support for overseas members
- Remittance to SACCO account direct
Investment Products
Grow wealth beyond savings
✓ All members
Money Market Returns9–11%
- Money market fund access
- SACCO bond investments
- Property investment syndication
- Chama group investments
- Financial literacy workshops
FAQ
Frequently Asked Questions
How much can I borrow? +
Your loan eligibility is typically 3× your savings balance for development loans and up to 1.5× for emergency loans. SME loans are assessed case by case based on business financials.
How long does loan approval take? +
With our digital platform, standard loans are approved within 48 hours. Emergency loans can be approved and disbursed within 4 hours for existing members in good standing.
How are dividends calculated? +
Dividends are declared annually at the AGM based on the SACCO’s net profit. They are distributed proportionally based on each member’s average share balance throughout the year. Historical rates: 12–14% p.a.
Can I join from outside Kenya? +
Yes! Our diaspora banking service allows Kenyans abroad to join, contribute monthly, apply for loans via proxy, and receive dividends directly. Registration is 100% online.
What happens to my savings if I leave the SACCO? +
Your savings and shares belong to you. Upon approved withdrawal from the SACCO (after clearing all outstanding loans), your full balance plus accrued dividends are paid out via M-Pesa or bank transfer within 30 days.