Username Sacco Officials From Left, Sarah Wahogo, Joseph Gitonga, Reuben Kimani, Director of Co-operatives - Dolphine Aremo, Julius Mumbura & Wanjohi Gichango Cut Cake During the Launch of Username Sacco
Real estate and investment firm Username has
unveiled a financial arm, Username Sacco, to make savings, credit, and property
ownership more accessible to its members.
So far, the sacco has registered more than 100 members, with the target to grow the number in the coming days.
Speaking during the launch in Nairobi on Wednesday, Username Sacco chairman Reuben Kimani termed the new outfit as a community built on trust, values of financial literacy and empowerment.
“Our goal is to help ordinary Kenyans turn their dreams into realities by providing affordable and accessible financial solutions that meet their everyday needs,’’ Kimani said.
He assured members that the sacco is committed to sound governance, innovation and prioritising members' needs.
"Integrity and transparency will guide every step as the sacco opens more opportunities for financial inclusivity and long-term prosperity."
Username Sacco is fully licensed and regulated by the Ministry of Co-operatives and MSMEs and is built on the vision of empowering members through affordable loans, competitive savings products and innovative financial solutions that promote financial growth and independence.
Username Sacco will provide and hassle-free credit with no guarantors required. It has developed property loan packages to enable members to own land with as little as five deposits and offer flexible repayment options of up to 36 months.
Besides, it will enable members to earn dividends while building equity through the Sacco's mandatory savings model and also has diaspora Wezesha loans designed to empower Kenyans living and working in the diaspora to stay connected to their mother country while building a solid financial future.
Username Sacco CEO, Sarah Wahogo, said that the sacco is not just a milestone but a continued opportunity to fulfill the broader Username Properties Vision to empower more Kenyans and help them to achieve the dream of home ownership through property loans in addition to other financial offerings.
She added that membership is open to all Kenyans with a valid ID all over the world, which makes the sacco an all-inclusive financial institution for both local and diaspora investors.
To become a member, one only needs to pay a one-time registration fee of Sh1,000 and a minimum share capital of Sh5000. This creates an affordable entry point for any individual seeking to grow financially and secure their future.
“ Username Sacco has positioned itself as a catalyst for financial inclusion, empowering Kenyans from all walks of life to cultivate a saving culture, access affordable credit and build long-term wealth.”.
