Information Center

Payment Mode

Payment for loans is done through cheque.

Members’ savings payment is done through the GROOTS SACCO Paybill using the following process.

 M-Pesa Procedure

  • Select the PayBill option.
  • Enter Busines no. Type in 638160.
  • Enter a/c no. Type in contributor’s National Identity Number.
  • Enter amount. Type in the amount you wish to contribute.
  • Enter pin. Type in your Mpesa Pin.

Confirm all details are correct then press OK

Frequently Asked Questions

How do I join the SACCO?

Joining the SACCO, Members are given a registration form which they fill out and attach a passport photo and a copy of their ID card.

How much is the registration fee?

A registration fee of Kshs. 1,000.

How can I apply for a loan?

Download loan application form from the Sacco website, fill the form, attach all the required documents and submit it to the office for the committee to approve/decline the loan.

What is the Share Capital

The share capital is the Institutional capital of the Sacco. Each and every member is mandated to purchase a minimum shareholding of 1 share each share is Ksh5,000.

A member is allowed a maximum of 4 shares equivalent to Kshs20,00

Is the share capital refundable?

The share capital is non-refundable and is only transferable to an existing Sacco member or sold to a Sacco member when you cease being a member.