How To Join And Become A Member Of Unison Sacco [2022]

 When it was started in 1977, Unison Sacco was known as Laikipia Teachers Sacco. It has grown tremendously from less than 100 members in 1997 to more than 3,000 members. The Saccos aim is to empower and stand with members to accumulate resources together as a pool with the aim of growing together.

Unisom Sacco started small and has grown to a national Sacco. A group of teachers dared to dream by coming together to form a movement to cater to their economic growth.

The movement later evolved and grew to be named Laikipia Teachers Sacco. The founders were challenged by a vision that people can do much when they pool resources together.

The Sacco adheres to requirements of the law regarding the provision of financial services, so it is regulated as a deposit-taking society by SASRA. It has been able to recruit members from the different economic sectors since it opened up its common bond to the general public.

How To Become A Member Of Unison Sacco

Unison Sacco has welcomed individuals, groups, and cooperatives to their membership. The membership procedure is simple but may slightly vary on requirements and terms. The following are some of the procedures applicable to different categories

1. Individual Account

a) Filling out a Membership Form

A membership application form is available on the Saccos online portal. You will download it, print it, and fill in the required information. The details are basic yet essential, such as your full name, physical address, contact, gender, employment status, and email address.

b) Original and Duplicate of Passport/National ID

You will then attach a copy of your national identification card or your original passport, whichever is available. While attaching a copy of the documents is a requirement by law, it also helps validate your account.

c) Passport photograph

You will also need to attach a passport-size photo, which is taken for free at the Saccos branch. One of the photos will appear on your membership identification card, while another will appear on your membership profile.

d) Copy of PIN Certificate (KRA)

Your KRA Pin is necessary for tax filing purposes. It is not only a requirement by the law to maintain a reasonable tax record but it will also help you avoid complications when you need services from the tax authorities.

e) Submit Registration Fees

To facilitate your membership processing, you will submit a membership application fee of Ksh1,000. The amount is a one-time non-refundable payment.

f) Contribute Monthly Saving

You will contribute a monthly saving of Ksh10,000. The amount accumulates to grant access to friendly and affordable loans for your personal development.

However, the savings are non-withdrawable unless you want to end your membership. You will then give written notice, and your withdrawals will be processed.

g) Submit the Share Capital

Though the amount is not precise, it is an essential requirement by law to maintain a minimum share capital with a Sacco. It gives rights to become a shareholder and benefits from annual dividends at an interest rate. While the amount is a one-time payment, it is also non-refundable. But you can transfer the shares to another Sacco member.

2. Corporates and Formally Registered Organizations

For companies, certificates of registration, resolution of directors as well as Memorandum & Articles of Association are needed

  • Original and duplicate of by-laws, MOA and AOA 
  • Registration/Incorporation certificate
  • Resolution to open an account at UNISON SACCO
  • Signatories
  • Account holder’s/agents/attorney photos
  • Original and duplicate of Directors’ passport/national ID
  • KRA PIN certificate
  • Caters for the SALARIED and ORDINARY SAVERS
  • National ID card: -original and a duplicate
  • Payment of Ksh1,000 minimum operating balance
  • Ksh.5,000 for 3 consecutive months paid annually as minimum interest earning balance:
  • Any other relevant document required by the sacco


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