Afya Sacco’s BOSA

BOSA (Back Office Service Activities) is the core membership and credit arm of Afya SACCO. BOSA offers 2 services: Savings and Loans Products.

Afya Sacco’s BOSA Savings

These are:

1. Share Capital:
2. Non-Withdrawable Deposits

Afya Sacco’s BOSA Loans

These loan products are:

Afya Sacco’s FOSA Products.

The Front Office Service Activities (FOSA) is the banking arm of Afya SACCO, created to provide members with convenient, reliable, and accessible financial services.

Afya Sacco’s FOSA Savings Products.

These include:

Afya Sacco’s FOSA Loan Products.

Afya Sacco’s FOSA Loan products include:

Afya Sacco’s FOSA Other Products.

Here is a complete guide on Acumen DT Sacco Society Limited’s Contacts, Services, Membership, Offices, and Loans. Acumen DT Sacco Society Limited is a licensed, Deposit-Taking (DT) cooperative based in Kenya. Regulated by the Sacco Societies Regulatory Authority (SASRA), it operates under license number SS/0191/21.

Acumen DT Sacco Society Limited’s Core Operations

The Sacco operates two main service wings:

• BOSA (Back Office Service Activities): Handles long-term savings and traditional Sacco loans.

• FOSA (Front Office Service Activities): Provides “banking-style” facilities, including salary processing, mobile banking, and immediate withdrawals.

Acumen DT Sacco Society Limited’s Products and Services

• Savings Products: Includes Deposit Savings (used as collateral for loans), Share Capital (representing ownership), and specialized accounts like the Holiday Account.

• Loan Facilities: They offer personal, business, asset financing, emergency, and education loans. Most loans are pegged at 3x or 5x the member’s savings.

• Digital Banking: Members can access services via the Acumen Sacco App or the USSD code *850# (or *816#).

• Insurance (Sacco Assurance): In partnership with CIC Group Ltd, they provide medical, vehicle, and property insurance covers.

Acumen DT Sacco Society Limited’s Key Information & Contacts

The Sacco is headquartered in Ongata Rongai, where it has built a strong reputation, even being recognized as the best-managed cooperative in the Kajiado North sub-county in 2019.

How to Join Acumen DT Sacco Society Limited

To become a member, you typically need to provide:

1. A completed membership application form.

2. A copy of your National ID or Passport.

3. A recent passport-sized photo.

4. A copy of your KRA PIN certificate.

 About Information on Acumen DT Sacco Society Limited

Acumen DT Sacco Society Limited’s History

Acumen DT Sacco Society Limited was registered on 5th March, 2008 to cater for the financial needs of its members.

Acumen DT Sacco Society Limited’s Loans

Acumen DT Sacco Society Limited offers two types of loans products: Long and Short-term Loans.

Acumen DT Sacco Society Limited’s Long-Term Loans

Acumen DT Sacco Society Limited’s Long-term loan products are: School Fees Loan, Sambaza Loan, J-sort Loan, Jijenge Loan, Development Loan, Emergency Loan and Real Estate Loans. These loans last for 12 months or more.

1. Acumen DT Sacco Society Limited’s  School Fees Loan

This product enables members to pay school fees for their children. The maximum period is 12 months.

Credit Product

• This product enables members to pay school fees for their children.
• The maximum period is 12 months
• The maximum amount is kshs 200,000
• Interest Charged is 1.15% p.m reducing balance

Security is members deposit & Guarantors deposit

2. Acumen DT Sacco Society Limited’s Sambaza Loan

Issued to a member with an outstanding development loan. Must been paid for at least 3 months.

Credit Product

• Issued to a member with an outstanding development loan which must have been paid for at least 3 months.
• The loan runs parallel with existing loans.
• Enables members to get funds to complete projects.
• Qualification for this type of loan is based on ability to pay. and deposits held with society.
• Repayment period is up to 48 months.
• interest is 1.3% p.m on reducing balance.
• Loan’s Security is members deposits, guarantors or collateral.

3. Acumen DT Sacco Society Limited’s J-sort Loan

Repayment period is 1 month upto 3 months. Interest rate 5.2%p.m. Ceiling amount is Kshs 150,000

Credit Product

• Repayment period is 1 month upto 3 months.
• Interest rate 5.2%p.m.
• Ceiling amount is Kshs 150,000
• No guarantors.
• Loan is available immediately.

4. Acumen DT Sacco Society Limited’s Jijenge Loan

Credit Product. Acumen Sacco Jijenge loan is issued at 5 times of our member’s deposits.

Credit Product

• Loan issued at 5 times of one’s deposits
• Repayment- 96 months
• Loan amount is based on ability to pay and on deposits held with society.
• Interest rate- 1.15% p.m. on reducing balance
• Guarantors and acceptable collaterals required.
• Buy off/ Loan top up facility available

5. Acumen DT Sacco Society Limited’s Development Loan

Credit Product. The loan enables members to get funds for development.

Credit Product

• Enables members to get funds for development
• Loan amount is based on ability to pay and on deposits held with society.
• Repayment period is up to 60 months
• Loan amount is up to 3 times members deposit

• Interest charged at 1.15% p.m on reducing balance

• Buy off/ Loan top up facility available
• Security is members deposit and guarantors

6. Acumen DT Sacco Society Limited’s Emergency Loan

Enables members to get funds for emergency with a repayment period of up to 12 months.

Credit Product

• Enables members to get funds for emergency.
• Repayment period is up to 12 months.
• Interest charged at 1.15% p.m on reducing balance.
• The maximum amount is kshs 200,000
• Security is members deposit & guarantors deposits

7. Acumen DT Sacco Society Limited’s Real Estate Loan

Repayment period is up to 48 months. Interest rate is 1.25% reducing balance. Loan amount is up to 3 times members’ deposit.

Acumen DT Sacco Society Limited’s Short-Term Loans

Acumen DT Sacco Society Limited also offers short term loans that take 1 to 3 months. These short-term loans are:

1. Mobile loan

2. Salary advance

3. Rent advance

4. Dividend advance

1. Acumen DT Sacco Society Limited’s Mobile Loan 

Maximum amount of Kshs 20,000. Maximum repayment period is 1 months.

Key features of this loan are:

• Maximum amount of Kshs 20,000
• Maximum repayment period is 1 months.
• Disburdened through the phone.
• NO guarantors required.
• Interest rate is 5%.

2. Acumen DT Sacco Society Limited’s Salary Advance Loan 

Member salary MUST be channeled through FOSA account. Maximum repayment period is 3 months.

Key features of this loan are:

• Member salary MUST be channeled through FOSA account.
• Maximum repayment period is 3 months.
• NO guarantors required.

3. Acumen DT Sacco Society Limited’s Rent Advance Loan

Member rental income MUST be channeled through FOSA account. Repayment period is 1 month.

Key features of this loan are:

• Member salary MUST be channeled through FOSA account.
• Maximum repayment period is 3 months.
• NO guarantors required.

4. Acumen DT Sacco Society Limited’s Dividends Loan

Available 3 months prior to close of the year. Repayable after 3months.

Key features of this loan are:

• Available 3 months prior to close of the year.
• Repayable after 3months during dividend payout.
• Interest rate is 5.2%.

Acumen DT Sacco Society Limited’s Savings Products

Acumen Savings and Credit Cooperative Society offer various savings products tailored to meet the diverse needs of our members. Here are some of our SACCO saving products:

Acumen DT Sacco Society Limited’s Deposit Savings

Acumen Savings and Credit Cooperative Society’s Services

How to Join Acumen Savings and Credit Cooperative Society

Joining Acumen Savings and Credit Cooperative Society is very eassy.

Frequently Asked Questions on Acumen DT Sacco Society Limited

1. Is Acumen DT Sacco Society Limited Registered?

Yes. Acumen DT Sacco Society Limited is a licensed, Deposit-Taking (DT) cooperative based in Kenya. Regulated by the Sacco Societies Regulatory Authority (SASRA), it operates under license number SS/0191/21.

2. Acumen DT Sacco Society Limited

3. Acumen DT Sacco Society Limited

4. Acumen DT Sacco Society Limited

5. Acumen DT Sacco Society Limited

6. Acumen DT Sacco Society Limited

7. Acumen DT Sacco Society Limited

Get the Best and Latest Guide on 2NK Sacco’s Booking, Offices, Routes, Membership and contact Contacts. 2NK Sacco Society Limited is a popular Kenyan transport and financial services cooperative. Formed in 1994 by matatu owners from Nyeri and Karatina (which gives the Sacco its name: 2 from Nyeri and Karatina), it was established to streamline operations and instill discipline in the transport sector. 2NK Sacco Society Limited has several offices with the headquarter being at Mbaki House in Nyeri Town. Today, the 2NK Sacco Society Limited has over 1,000 Vehicles.

2NK Sacco Society Limited’s Quick Facts

• Type: Deposit-Taking
• County: Nyeri
• Postal Address: P.O Box 12196 – 10109, Nyeri
• Head Office: Kangaru Building, Gakere Road
• Website: https://2nksacco.co.ke

Continue reading: List of Licensed and Authorized Sacco Societies In Kenya

Routes Where 2NK Sacco Society Limited Operates

The Sacco Vehicles offers daily trips to the capital city Nairobi from major towns among them  Nyeri, Karatina, Nakuru, Eldoret, Thika, and Nanyuki. The Sacco provides such services as:

• Transport Services for Passengers and Luggages.
• Delivery of Parcels
• Banking Services

 Services Offered by 2NK Sacco Society Limited

The Sacco has diversified significantly from its origins in public transport:

• Public Transport: Operates a large fleet of 14-seater vans and executive shuttles. They provide daily trips between Nairobi and major towns including Nyeri, Karatina, Nakuru, Eldoret, Thika, Nanyuki, and even routes to the coast like Mombasa and Diani.

• Parcel Delivery: Offers door-to-door or office-to-office courier services across their entire network of operation.

• Financial Services (FOSA): Provides savings mobilization and credit facilities (loans) to members at competitive rates.

• Insurance & Fuel: Operates Mugumo Gasoline stations and offers insurance services to members and the public.

2NK Sacco Society Limited Key Contact & Booking Offices

If you are looking to travel or send a parcel, these are the primary contact lines for their major hubs:

2NK Sacco Society Limited’s Head Office Contacts

Here are the Contacts for the 2NK Sacco Society Limited’s Head Office:

• 2NK Sacco Society Limited’s Physical Location: Mbaki house,next to main Mathai supermarket Nyeri
• 2NK Sacco Society Limited’s Phone Contacts: 0721 374 310, 0792657999
• 2NK Sacco Society Limited’s Email Contacts: info@ 2nksacco.co.ke, nnksacco@gmail.com
• 2NK Sacco Society Limited’s Website: https://2nksacco.co.ke/

📞2NK Sacco Parcel office numbers 

If you need Parcel Services, these are the direct Contact Phone Numbers for 2NK Sacco in all towns:

2NK Sacco Society Limited Membership Benefits

For those interested in the Sacco from an investment perspective, members typically benefit from:

• Dividends on shares.
• Access to affordable credit for business or personal growth.
• Financial education and insurance products.

2NK Sacco Society Limited Mobile App.

2NK Sacco Society Limited has a Mobile App called ‘2NK Sacco Online Booking App’. This App can be downloaded from PlayStore at no cost. The 2Nk Booking is an efficient mobile application designed for Customers of 2Nk Sacco. This innovative app revolutionizes the way individuals book vehicles by providing a seamless and convenient booking experience right at their fingertips.

Loans Offered by 2NK Sacco Society Limited

2NK Sacco Society Limited offers a number of loan products. These loans are:

1. 2NK Sacco Society Limited’s Salary Advance Loan:

This product is tailor-made for salaried employees and those with regular fixed income

Features and Benefits:

• Maximum amount equivalent to two thirds of one’s monthly salary
• No guarantors required.
• Recovered immediately the salary is processed.
• Competitive interest rates.

2. 2NK Sacco Society Limited’s Asset Finance Loan: 

Like the normal loan, this is another back office product that was developed mainly to cater for emergencies like vehicle breakdowns that may require a considerable amount of money to put it back on the road. Unlike the normal loan, however, this product has no multiplier and depends on the member’s deposits at the time of requiring the loan.

It has become popular among members who have often been bailed out of being edged out of business by such breakdowns.

This product, owing to the purpose of its coinage is processed immediately for qualifying members but has a ceiling of two hundred thousand Kenya shillings. The product is secured by a guarantee from qualified members.

3. 2NK Sacco Society Limited’s Education Loan: 

This product is meant to finance the education of a member and their dependants in school , colleges and universities

Features and Benefits

• A member must have operated for at least 6months
• The repayment period is 12 months
• Flexible loan security
• Loan disbursed to the learning institution

4. 2NK Sacco Society Limited’s Business Loan: 

A product packaged to finance people carrying out business or enterprises. meant for both large-scale and small-scale traders whereby entrepreneurs save money to access affordable loans.

Features and Benefits

• The maximum loan amount depends on collaterals and ability to pay
• Flexible collateral requirement
• Repayment period up to 36months
• Very competitive interest rates

5. 2NK Sacco Society Limited’s Emergency Loan: 

Like the normal loan, this is another back office product that was developed mainly to cater for emergencies like vehicle breakdowns that may require a considerable amount of money to put it back on the road. Unlike the normal loan, however, this product has no multiplier and depends on the member’s deposits at the time of requiring the loan.

It has become popular among members who have often been bailed out of being edged out of business by such breakdowns.

This product, owing to the purpose of its coinage is processed immediately for qualifying members but has a ceiling of two hundred thousand Kenya shillings. The product is secured by a guarantee from qualified members.

6. 2NK Sacco Society Limited’s Individual Loan: 

This product is packaged for individual entrepreneurs and members with regular fixed income to access affordable financial services.

Features and Benefits

• A Member must have an active Ordinary Account for not less than 4 Months
• Loan granted 3 times of member’s FOSA share deposits
• Maximum Loan granted ksh 200,000 for a maximum period of 12 months

2NK Sacco Society Limited’s Savings Accounts.

2NK Sacco Society Limited provides a number of Savins Accounts For Customers.
Here is complete information on the Sacco’s
Savings Acconts.

1. 2NK Sacco Society Limited’s Individual Savings Account.

This account is suitable for heavy investor small and medium enterprises salaried persons or those  with a fixed regular income. This facility is also given to students and pensioners .

Features

• Members must purchase FOSA  shares .
• Loans accessible depends on shares purchased and savings available .
• A member is loaned up to 5 times the value of shares purchased.
• Shares and saving act as a security for advances .

2. 2NK Sacco Society Limited’s Little Angels Savings Account.

This account is suitable for heavy investors small and medium enterprises salaried persons or those with a fixed regular income. This facility is also given to students and pensioners.

Features

• Free home banking piggy.
• Two Free banker’s cheque per year for school fees.
• Withdrawals are 3 times a year
• Parent should open a different account for each child
• Child’s birth certificate

3. 2NK Sacco Society Limited’s Group Savings Account.

This account is suitable for all self-registered self-help groups to build a strong financial base.

Features

• Affordable registration fees.
• Group members allowed to operate their account
• Groups offered personalized services by our field officers.
• The group can purchase FOSA shares and be loaned depending on shares and savings available on their account.
• Members of a group act as guarantors.

4. 2NK Sacco Society Limited’s Fixed Deposit Savings Account.

This account allows members to save large sums of money at negotiable.

Features

• Minimum amount is Kshs.30,000
• Contract period is 3 months, 6 months, 9 months and 12 months.
• Competitive interest rates above market rates.
• Upon period maturity, interest can be withdrawn or rolled over with principal for a new fixed period.

2NK SACCO’s INSURANCE

The good news is that all the 2NK SACCO parcels, vehicles and passengers are insured.

The Sacco’s properties and services are covered under the following Insurance policies.

1. 2NK Sacco’s Insurance Policy on Public Service Vehicle(P.S.V) and Private Vehicles
The policy covers loss or damage to the insured vehicle;

• Liability to third parties.
• Third-party property damage.
• Commercial & private motor vehicle.

2. 2NK Sacco’s Insurance Policy on Non-Motors

• Personal accident.
• Public liability.
• Burglary loss or damage to property. Following forcible and violent entry.

3. 2NK Sacco’s Insurance Policy on Fire and other perils

The basic fire policy provides indemnity against loss or damage caused by fire/lightning and explosions.

• Group personal accident
• Other allied perils.
• Asset Financing

4. 2NK Sacco’s Insurance Policy on Money

Covers the insured against the loss of money in the following cases

• While in transit to the bank or vice versa.
• In premises during working hours.
• Damages to safe or strong rooms.
• Within their premises in locked safes or strong rooms outside business hour.

5. 2NK Sacco’s Insurance Policy on Domestic Packages

Protects to the insured against the following;

• Loss or damage to their private buildings.
• Households and personal belongings against fire, lightning, explosions, and other related perils.

6. 2NK Sacco’s Insurance Policy on Fidelity Guarantee

It indemnifies the insured against loss of money or goods as a result of dishonesty by employees.

7. 2NK Sacco’s Insurance Policy on Goods in Transit

This policy provides cover for the loss or damage to property caused by fire, theft, or accidental means while in transit subject to certain exclusions.

2. Where are the 2NK Parcels and Booking Offices located? How Many are they?

2NK Sacco has a total of 11 Parcels and Booking Offices in the following towns: