Our History

Home Our History

WHO WE ARE

Member Sensitive Financial Partner For Over 18 Years

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Kencream SACCO was registered on August 2002. It has a membership of over 1500 from parastatals, private businesses, government ministries, organized groups and other organizations. Kencream offers two categories of membership which include:

Salaried members who contribute a minimum of Kshs 3,000 per month.

Non salaried members who contribute a minimum of Kshs 1,500 per month.

Registration fee is Kshs 1,000. One is required to fill in the members registration form and to carry a copy of national ID.

COMPANY TIMELINE

Our Company History

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2002- Establishment of Company

Kencream SACCO is a licensed deposit taking (DT) SACCO located at Dakar Road off Enterprise road, Industrial area Nairobi. The SACCO was established in March 2002 by a group of Staff from New KCC. The society was formed mainly to promote thrift among its members by affording them an opportunity for accumulating their savings; and to thereby create a source of funds from which loans can be made to them exclusively for provident and productive purposes, at fair and reasonable rates of interest; thereby enabling them to use and control their money for their mutual benefit.

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2010 - Kencream's BOSA services Improved

The number of members increased plus the set profit  target was attained.

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2013 - Opening Our Branches to Worldwide

2019- opened Front Office Services Activities (FOSA)

The growth is expected to steadily rise in the coming years with the opening of Front Office Services Activities (FOSA) effective January 2019 to offer deposit taking services to its members. This development opened new frontier to new and existing members that registers with the SACCO while at the same time opening Kencream SACCO as a Deposit Taking (DT) SACCO.

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Call (254) 703- 756-350

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