Our Mission
To mobilize savings and provide affordable financial services aimed at promoting socio-economic welfare of members through prudent management and diversification of products and services while recognizing the interest of stakeholders.
The Sacco believes in:
Fellow Members, I salute you. Allow me from the onset to express my sincere gratitude to each and every one of you for having purposed to stay put even when it evidently looked like our SACCO was quickly slopping down a hill.
Upon assuming office in 2018, this Board began a rigorous process of defining the strategic direction for the SACCO for the next coming years. when we started on this journey we did so with an abiding faith, that You our Members entrusted us, and that you did put your trust in our ability, to join together and change the SACCO in ways that would make life better for us all. Read More
A person of either sex shall be eligible for membership who possesses all of the following qualifications:-
Is within the field of membership consisting of the following common bond: Any employee or ex-employee of the University of Nairobi, and CHUNA SACCO LTD, resident in Nairobi or elsewhere in Kenya , and
Is not less than eighteen years of age, and
Is of good character, and
Is resident, or occupies land within the Society’s area of operation, and
Is not a member of any other SACCO Society.
FOSA is important in the following ways:
It generates income just like BOSA
It enables Chuna Sacco to offer utility services like ATM services, mobile banking services, salary processing, top up facility and others.
Our current operating status and licensing dictates that FOSA and BOSA to continue on complementary basis. Chuna cannot do away with one and continue with the other.
Let us safe for a better future and make CHUNA compliant and stronger.
Members deposits are refundable except share capital. However share capital is also refundable through the following procedure:
Share capital can be sold to a new member who is joining the sacco or an existing member.
The society will create a fund – share transfer fund to be used to refund money to those members who will not find somebody to buy the shares.
However, let it also be said that share capital left in the sacco will continue earning dividends.
For you to be eligible for loan you should have at least be a member for a period of 6 Months.
