Faith Embassy Sacco is a community based savings and credit co-operative society founded and operated on biblical principles and values. The society was started in 2018 by Fathers House Family Church with the aim of improving the economic and social livelihood of its members. The sacco was registered under the Co-opreative Societies Act and the instuition is regulated by SASRA as a depositĀ taking-sacco(DTS).
Our Vision:
To be a leading Sacco in Kenya empowering members to save and grow their wealth.
Our Mission:
To promote saving mobilization while offering affordable credit to members and empower them financialy.
Our Products & services
Accounts
Empowerment Account
Minimum savings Ksh 1000
Junior Account
Minimum savings Ksh 500
Emergency Account
Minimum savings-Unlimited.
Asset/Investment Account
Minimum savings-Ksh 1000
Loans Offered
You qualify fo a loan at Faith Embassy Sacco after saving with us for 6 months.
M-power loan
The loan given is three times a member's deposit/savings at the interest rate of 1% per month on reducing balance. The maximum repayment period is 12 months.
Education Loan
The loan given is three times a member's deposit/savings at the interest rate of 1% per month on reducing balance. The maximum repayment period is 6 months.
Emergency Loan
The loan given is three times a member's deposit/savings at the interest rate of 1% per month on reducing balance. The maximum repayment period is 3 months.
Asset/Investment Loan
The loan given is four times a member's deposit/savings at the interest rate of 1% per month on reducing balance. The maximum repayment period is 48 months.