Why you should join Sheria Sacco
Why you should join Sheria Sacco
A Savings and Credit Co-operative Society (SACCO) is a group of like-minded individuals who pool financial resources together for the purpose of personal wealth creation. While there are numerous saccos in Kenya, read on to understand why you should join Sheria Sacco.
Sheria Sacco has undoubtedly improved the welfare of its members. It is majorly a sacco for judicial staff in Kenya. If you are wondering if it fits your needs, consider the following reasons why you should save with Sheria Sacco.
- Affordable interest rates on member loans
Does your bank charge you an arm and a leg on loan interest rates? Sheria Sacco is here to ease your burden. The core mission of the sacco is to offer financial solutions to members at the least possible cost. It is no wonder the most reliable sacco in Kenya.
- Saving for the future
You never know what the future holds for you. Young people are encouraged to start saving as early as possible. The saving culture becomes a great strength for personal financial freedom. As long as you are at least 18 years old and have a source of income, you have enough reasons why you should join Sheria Sacco.
- Ease of securing loans
When you approach a bank and make a loan application, you are not guaranteed that you will obtain the loan. This is especially true if your credit score is not strong enough. If you are a member of Sheria Sacco, you will get a development loan in Kenya in a very short time.
- Generous dividends as ROIs
When you set aside some money every month in Sheria Sacco, the institution invests it on your behalf. At the end of every month, you receive dividends that serve as generous returns on your investment. You would not receive such high returns on savings sacco if your money is lying idle in a bank.
- Reduced Liabilities
Unlike other financial plans, saccos operate around the capital raised by members and assets that it has accumulated over time. At Sheria Sacco, you have no fear of losing your hard-earned investments in shady schemes or misappropriation of funds.
- Cushion in cases of emergency needs
Do you need an emergency loan? Let Sheria Sacco sort you out. Examples of such emergencies are illnesses, accidents and even death. If you save in a good sacco, you can greatly reduce the burden and have unparalleled peace of mind.
- Good retirement plans
Are you already planning for retirement? If not, you should start now. Nothing gives you peace of mind than having an account full of money when you can no longer work. The sacco will be your helper to cushion you from troubling your dependants and children.
- Good housing plans
If you want to live in a better house tomorrow, you need to start saving for it today. Saccos in Kenya today offer reliable housing solutions to members. Having explored reasons why you should join Sheria Sacco, it is time to pay us a visit. Call us or walk to our offices today.
