Finnlemm Sacco is an open bond Sacco that serves members from all walks of life. The members should be Kenyan citizens of good standing aged 18 years & above who are either local residents or in diaspora. Finnlemm draws its members from both the formal & informal sectors of the economy like the business community, civil servants, SMEs, & chamas.

  • Licensed & regulated by Sacco Societies Regulatory Authority (SASRA).
  • Safe custody of our members assets.
  • Steady and consistent growth, serving members since 1982.
  • Service delivery at its best (We listen, We Respond & We care)
  • Access to a wide array of investment & savings options. A one-stop solution for all your financial needs including real-estate ventures through Finnlemm Development Company (FDC). 
  • Competitive, affordable & flexible interest rates on loans with friendly repayment terms.
  • Good Service Turnaround Time.
  • High returns on your deposits.
  • Technologically advanced and digitally current.

Go to Finnlemm Sacco website and click on the link “JOIN US” to complete the online membership form and submit.

  • Pay the joining fee of Kes. 1,000 & using our pay bill number 528400 with your ID number as the account number. 


  • You can fill a hardcopy membership form available at our office or the website finnlemmsacco.com under the downloads menu.
  • Return the form to our customer care desk and make a deposit of the joining fee of Kes 1,000 and make minimum monthly contributions of Kes. 3,300 or;
  • You can scan and send the documents to our email customer.care@finnlemm.com

You will need to complete a duly filled joining form, attach a copy of your ID, a passport photo, & a copy of KRA pin certificate. Submit after paying registration fees of Kes. 1,000 for admission.

 A member needs to inform the society by filling in a withdrawal form giving the society 60 days’ notice.

The process can however, take two weeks at a commission 10% of the current deposits.

The Sacco offers a broad range of financial products & services i.e. both savings and loan products. Visit the Sacco website link to get a glimpse. The Sacco also has a subsidiary Finnlemm Development Company (FDC) which facilitates real estate ventures i.e. land and property. One must enroll as member to enjoy these products and services.

It is against credit policy to use member deposits for purposes of loan repayment. However, special consideration may allow use of member deposit for loan clearance under unique circumstances if it has been determined that the loan borrower has no capacity to pay up his/her loan(s). As a last resort. A member is only allowed to offset his loans against his deposits if he is ceasing to be a member. He must then pay off the loan balance immediately if any. Offsets are only done when a member has asked those he has guaranteed to seek for guarantor replacements.

Yes. Your membership is not tied to your employment/job. What is important is your ability to meet your Sacco obligations.

This can be accessed through:

  • Monthly Emails sent by the Sacco.
  • The member portal.

YES. A member who transfers directly from another Sacco is immediately eligible for all benefits of a full member.

You can remit Sacco Savings through the below Channels.

  • M-Pesa Paybill number 528400. Use your ID Number as account number. For specific Sacco account check the link for applicable codes
  • Alternatively, use our bankers below:

You can pay extra contributions/ Loan repayment using MSACCO/ MPESA or Bank deposits.

Shares continue earning dividends and can also be transferred/sold to another member.


Bank Name

Account Name

Account No.


Swift Code

Absa bank Kenya

Finnlemm Sacco Ltd




Co-operative bank Kenya

Finnlemm Sacco Ltd


Nairobi Business Centre (NBC)


NCBA bank Kenya PLC





Sidian Bank Limited

Finnlemm Sacco Ltd



After being a member for at least six months and have accumulated the minimum Share Capital.

Yes. You can have multiple loans at ago subject to your ability to pay and qualification in terms of your deposit’s (Loan is considered Up to 4times a member’s deposits). Total loans repayments should not exceed two thirds of the member’s salary and four times the member’s savings. However, a member cannot apply for the same loan facility that they are servicing unless they clear it, that is, if a member has a current running Development loan he/she is not eligible to apply for another development loan until he/she clears the loan balance to enjoy the same facility.

No interest or penalty is charged for clearing a loan earlier than the contracted period.

Yes, You can boost your deposits and apply for a loan immediately

  • Fully completed loan application form 
  • Guarantors who must be active members and have accumulated sufficient deposits for at least six months. 
  • Guarantors’ and applicant’s deposits MUST be equal to or more than the loan applied for. 
  • Employer MUST sign and rubber stamp the application form. 
  • Outstanding loan by the applicant, MUST be cleared before a loan of the same kind is approved. 
  • A most current pay slip certified by the applicant’s employer’s payroll officer, MUST be attached to the application. 
  • Must have been an active member for at least six months.

No. Where one does not have guarantors, a member may provide alternative collateral like land Title deed or Motor vehicle logbook. A member may guarantee themselves up to 90% of their free deposits.

The maximum loan amount a member can be given at any one time is four times the member’s savings subject to their ability to pay as ascertained in their pay slips. A member must take home at least a third of his/her pay after all deductions.

A member with an existing emergency loan is allowed to apply for a new emergency loan from which the society will recover the balance of the existing loan and give the member difference.

All loans except Premium Loan, Home Loan, Daraja Loan, Asset Finance Loan, Ustawi and Finnpesa loans attract an interest of 1% on reducing balance. 

Is a social welfare fund that was established to accord members and their immediate families a decent send-off upon demise. All members are required to pay Kes.300 every month as Benevolent fund contribution. A member is required to list his/her immediate family in the application form prior. Benevolent fund covers up to 7 family members.

Entitlements are as follows.

  • When a Principal member dies the family is given Kshs 100,000
  • 1 Spouse Kshs 100,000/=
  • Children Kshs 100,000/= for each
  • Parents and Parents - In – Law Kshs 100,000/=

Join us to start your saving journey