WEDO Sacco was registered on 6th February 2014 by the ministry of industrialization and co-operative development; Reg. No. CS/16112. It is a Sacco for business persons, their employees and WEDO Sacco staff. The objective of the Sacco is to grow our members’ economic and social well-being. WEDO Sacco started operations on 10th March 2014.
Since inception, the Sacco has registered tremendous growth; by 19th June 2015, total membership had grown to 1210 members. The Sacco members had saved a total of Kshs. 15,235,899 and had a loans book balance Kshs. 16,616,524.
Be a member of WEDO Savings and Credit Co-operative Society and benefit from cheap loans with friendly repayment terms, welfare services and investment opportunities.
Save for 3 months to qualify for our loans; with the following friendly terms:
|Loan type||Interest||Maximum repayment||Qualifyng amounts|
|Normal Loan||1% on reducing balance||3 years||Savings *3|
|School fees loan||1% on reducing balance||1 year||School fees savings *3|
|Emergency loan||1% on reducing balance||1 year||Maximum Ksh 100,000|
|Instant loan||5% one off||1 month||
50% non-commited savings.
Maximum ksh 20,000