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Welcome to

Ammar Sacco Society
- FOSA -

At Ammar Sacco, "We Cater For Growth". To Ensure This, The Key Objective Of The Sacco Is To Mobilize Savings And Advance Credit To Members From Their Savings. Over The Years The SACCO Has Witnessed Growth In Its Assets And Membership. This Can Be Attributed To Our Mission, Vision And The Efforts Placed By Our Dedicated Team To Ensure Smooth Running Of The Sacco.

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World active user

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Years Of Experience

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About Us

Your partner in achieving ambition beyond borders

We understand that with great ambition, comes great challenges, and we are here to bridge the gap by financial services. Consider us your partner helping you make the most of your money.

More About

Our mission

Offering unmatched opportunity to save and operate accounts with the highest convenience possible.

Services

Our Featured Products.

Ammar Sacco's services and convenient access to your accounts.

Sacco Bosa Shares

Become a part owner of Bosa Sacco by buying Sacco Bosa Shares.

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Sacco Fosa Shares

Become a part owner of Fosa Sacco by buying Sacco Fosa Shares.

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Fixed Deposit Account

Earn a hingh interest rate by joining our Fixed Deposit Account.

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Ammar Housing Co-Operative Society Limited

Join Ammar Housing Co-Operative Society Limited and explore your housing and land owning horizons.

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Financial Planning

Let's plan your finances the right way

Apply for a loan

Explore avariety of loans with low interest rates just suited for all individual members.

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Bosa Loans

Reduced Payments maintenance and processing fees. No hidden fees.

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Business Loans

Get a loan for your business to improve or expand business.

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Mkulima Loans

Farmers can get loans to improve and expand their farms.

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Salary Loans

Provides loans to members that earn a salary.

Pricing Plan

Simple pricing for everyone.

Use customer data to build great and solid product experiences that convert.

Simple Plan

$10

/yr

Minimum Investment

$100

Investment Duration

30D

Daily Returns

2.0%

Total Return

160%

Join Simple Plan Secondary Circle

Secondary Circle

Growth Plan Most Popular

$30

/yr

Minimum Investment

$500

Investment Duration

60D

Daily Returns

2.5%

Total Return

230%

Join Standard Plan

Premium Plan

$75

/yr

Minimum Investment

$1000

Investment Duration

90D

Daily Returns

3.0%

Total Return

475%

Join Premium Plan Secondary Circle

Secondary Circle

Pricing Plan Vector

Testimonial

What people say

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“It's been 2 years since I found Bankio, and it's such a relief as a small business owner to not worry about unnecessary fees. I lost my credit card once, and the service was so quick.

Andrew Russel

VP of Marketing

Testimonial image

“It's been 2 years since I found Bankio, and it's such a relief as a small business owner to not worry about unnecessary fees. I lost my credit card once, and the service was so quick.

Andrew Russel

VP of Marketing

Testimonial image

“It's been 2 years since I found Bankio, and it's such a relief as a small business owner to not worry about unnecessary fees. I lost my credit card once, and the service was so quick.

Andrew Russel

VP of Marketing

Testimonial image

“It's been 2 years since I found Bankio, and it's such a relief as a small business owner to not worry about unnecessary fees. I lost my credit card once, and the service was so quick.

Andrew Russel

VP of Marketing

Testimonial image

“It's been 2 years since I found Bankio, and it's such a relief as a small business owner to not worry about unnecessary fees. I lost my credit card once, and the service was so quick.

Andrew Russel

VP of Marketing

Our Team

We are Business Consulting Professionals

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Jeremiah Kuria Njoroge

Chairman

Amos Githinji Chege

Vice Chairman

Leah Murugi Ndarwa

Treasurer

Benson Mwangi Njano

Secretary

Stanley Mwangi Njau

Chief Executive Officer

Supervisory Committee

Supervisory Committee

Team Vector

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FAQ

Frequently ASked Questions

Who Can Join Us?

Ammar Sacco has open membership. This is a great opportunity for anyone willing to save, invest or take loans for asset purchase, business growth, education etc.

How do I become a member?

Fill an account opening form and surrender a certified copy of ID and KRA Pin.

Pay Kshs.500 being membership registration fee.

Buy minimum share capital of 200 shares of Ksh.20 each worth Ksh.4000.

Commence monthly contribution to deposits.

What is Share Capital?

Share capital means the equity or core capital of the Sacco.

The Sacco is owned by her members who have to raise the capital of the institution.

It is also a legal requirement for the Sacco to have a stipulated capital level.

The Sacco management through the Annual Delegate meeting (ADM) sets the minimum share capital a member must raise.

A member can have more than the minimum share capital.

Share capital is not withdrawable but can be transferred to another member.

Share capital earns dividend yearly as declared and approved by the ADM.

Member Deposits (BOSA)

Every member of the Sacco must make regular contributions (at least monthly) to the deposits.

The deposits are member's savings hence one decides how much to save regularly.

Deposits are refundable when a member exits (withdraws) from the Sacco.

Deposits earn interest (dividends) as adopted by the ADM every year.

Deposits determine the borrowing level (as a multiplier) and the guarantee level for a member.

What is FOSA?

In the year 2012 Ammar Sacco opened the FOSA (Front Office Service Activity) which is the banking wing providing members with Current Banking.

How do I join the FOSA services?

FOSA savings account is automatically opened on joining the Sacco.

Members can apply for all services available and will get more support from our banking hall.

The members will enjoy all our FOSA services even as they take up the BOSA products.

The account must be active.

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Successful Projects

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Active Banking Accounts