Biashara Sacco Society was formed by members of the business community in Nyeri who were also members of the Kenya National Chamber of Commerce and Industry. It was registered as a Sacco on 31st December 1990 and began operations in 1991.The first branch was in Nyeri but it has since opened up 10 branches.
Biashara Sacco Savings Products
Saving for a bad business day was one of the reasons why members formed Biashara Sacco. The Sacco has very diverse savings accounts that will enable members to save diligently. This includes the following following;
- Savings account
- Wakulima account
- Beba account
- Smart account
- Safari club
- Business account
- Women empowerment account
- Masomo account
- Malipo account
- Soko account
- Group account
- Young men empowerment account
- Fixed deposit account
- Bob junior account
- Corporate account
Biashara Sacco Loan Products
Aprt from saving, the business community needed access to loans for the growth of their businesses. The Sacco has diverse loan products that tries to meet every members needs. These are;
- Normal loan
- Development loan
- Women empowerment loan
- Sisi kwa sisi loan
- Emergency loan
- Jipange loan
- Beba loan
- Nyongesa loan
- Malipo loan
- Soko loan
- Corporate loan
- Wakulima loan
- Young men empowerment loan
- Medical loan
- Safari loan
- Biasco loan
- Overdraft loan
- Shamba loan
- Seasonal loan
- Smart member investment loan
- Mortgage loan
Biashara Sacco Membership Requirements
With its diverse loans and savings products, you maybe wondering how you can join biashara sacco and access these products. Here are the requirements;
- Registration Kshs2000
- Original ID and photocopy
- Nominal shares 50@Ksh100 i.e Ksh.50,000
- Development fee Kshs200,000
- Maintenance fee Kshs200
- Welfare Kshs50
- Monthly deposits Kshs2,500
Biashara Sacco Paybill Number 400300
You can now conveniently repay loan and make savings by using Biashara Sacco Paybill Number 400300.
Here is how to use the pay bill number to access the services conveniently;
- Go to M-PESA menu
- Select pay bill
- Enter business number 400 300
- Enter your account number ( ID number)
- Enter the amount you wish to send
You will then receive a confirmation message from Safaricom
Biashara Sacco M-Sacco Banking Services *477#
The M-Sacco banking services enables members of Biashara Sacco to access their accounts through mobile phones. Once logged in, a member can access the following services;
- Withdraw money from FOSA to Mpesa
- Request mobile loan
- Airtime purchase
- Balance enquiry
- Mini Statement
- Make deposits
- Repay loans
- Loan Status enquiry
- Change pin
To access the services, just register by dialing *477#
Biashara Sacco Contacts
For more information regarding the online banking services as well as any of the products,
P.O Box 1895 10100
Kimathi Sreet (Near oman allu) Nyeri
10100 Kenya
CALL: 0722 557 188
Email: [email protected] , [email protected]
Branches and Satellites Contact Details
Headquarter: Biashara Sacco Building, Kimathi Way. Tel: 0794 896 210/0722 557 188
Karatina Branch: Next to King’uku Butchery, Opp. New Market. Tel: 0743 341 990
Othaya Branch: Center Point Plaza Opp. Stage. Tel: 0786 549 532
Kiawara Branch: Along Nyeri – Nyahururu Highway. Tel: 0791 164 580
Nanyuki Branch: Elshadai Bldg, Behind Batian Hotel. Tel: 0710 094 186
Embu Branch: Tujenge Bldg, Opp. Kanu Offices. Tel: 0786 186 408
Rware Branch: Rware Pharmacy Bldg. Tel: 0775 878 198
Mukurweini Branch: Next to Kenol Kobil Petrol Station. Tel: 0727 045 202
Thika Branch: Along Uhuru Street. Tel: 0721 393 784
Nairobi Branch: Ngara Road, La Jardine Hotel Bldg. Tel: 0733 557 188
Mairo Inya Satellite Office: Along Nyeri- Nyahururu Highway. Tel: 0791 164 580
Mwea Satellite Office: Along Makutano – Meru Highway
Website: https://biasharasacco.com
You can as well see some of the best Deposit Taking Sacco’s in Kenya here.
