Wekeza Scheme on offer with the following product features:

    • Minimum earning balances is KES 50,000
    • Members cannot convert their current deposits in the Sacco
    • Interest is accrued daily.
    • Wekeza Scheme has an interest return rate of 10% p.a.
Duration of Investment Hurdle Rate (p.a)
3 Months 7%(prevailing minimum rate as per CBK guidelines)
6 Months 10%
12 Months 10.50%
More than 12 Months 11%
  • Fixed deposit Periods are Three , Six, Nine and Twelve Months
  • On maturity, the investor can;
    • Re-invest the whole amount
    • Withdraw part and re-invest the balance
    • Withdraw the whole amount (Principle plus interest)
  • The Fixed Deposit Account can be used to secure loans at 100%
  • Withdrawal before the fixed period will lead to loss of the interest income.
  • The more you fix, The longer the time, the higher the return

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Contact Details

Woodlands road, Opposite IFRC
P.o Box 10454 00100
Nairobi, Kenya
CALL CENTER: +254 709 136 000