2NK SACCO is a transport based SACCO with its headquarters located in Nyeri Town. The SACCO has gained popularities in various parts of the country for its efficient service transport both ordinary fourteen capacity vans and executive – (shutles) and parcel deliveries.

The SACCO vehicle offers daily trips to the capital city of Nairobi from major towns among them Nyeri ,Karatina , Nakuru, Eldoret,Thika and Nanyuki.

The SACCO was formed in 1994 by matatu owners from Nyeri and Karatina at a time when the Matatu industry was known for its notoriety. With the zeal to streamline the operations and instill discipline a group of Matatu owners pursed the incorporation and registration of 2NK SACCO IN 1994 UNDER THE COOPERATIVES SOCIETY Act cap 490.

The SACCO has upheld its core objectives of savings mobilization for owned landing at affordable rates to enable members engage in their businesses profitable and improve their lively hood.

HOW TO JOIN 2NK SACCO

To Open an account with 2NK Sacco you just need the Bellow Listed Requirements.

Application Requirements

• Completed Account opening form  DOWNLOAD IT HERE  .

• Original and copy of National ID Card

• A photo will be taken at our Branch.

2NK SACCO MOBILE BANKING, HOW TO DEPOSIT, WITHDRAW AND CHECK BALANCE

Our Mobile banking app (SPOTCASH)that allows members of 2NK  SACCOs  to be able to withdraw and deposit their money from and to their savings account respectively, simply by sending a Short Message Service (SMS) message to the SACCO requesting for the transaction. Once the withdrawal request has been received, the money shall then be transferred to the member’s MPesa account and the member shall then walk to a nearby M-Pesa store to redeem their money into cash.

SPOTCASH USSD MENU GUIDE

To access the menu::: dial *645#. Upon dialing the below message appears

               Welcome to SpotCash mobile banking service.

Please enter your SpotCash PIN to continue

Upon entering your Pin the below menu appears

Spot cash

  1. Enquiries
  2. Airtime Purchase
  3. Withdraw to Mpesa
  4. Deposit
  5. Check Mini statements
  6. Inter account transfer
  7. My SpotCash Account

000: Logout

2NK SACCO PRODUCTS

FIXED DEPOSIT ACCOUNT

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

 

Features

  • Minimum amount to invest is Kshs 30,000.
  • Withdrawal is done on intervals of three months ,nine months and after one year.
  • A member can access loan with the fixed amount acting as a security of up to 80% of the loan.
  • No guarantors required.

GROUP 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 personal 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 in a group act as guarantors.

 

INDIVIDUAL 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 .

 

2NK LITTLE ANGELS ACCOUNT

Suitable for parents /guardians who want to build financial capital for their children.

Features

  • Account operated by parents /guardian on behalf of the child
  • Two free banker’s cheques per year for school fees
  • No account maintenance fee
  • Free home bank birthday cards and annual fun day
  • Access to affordable 2nk little angel short term advance

LOANS

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 purchase FOSA  shares to act as a security and multiply factor.
  • Flexible loan amount determined by account of FOSA shares purchased .
  • Repayment period 12months
  • Very competitive interest rates.
  • Fast loan processing

EMERGENCY LOANS

Like the normal loan, this is another back office product that was developed mainly to cater for emergencies like vehicle breakdown 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 guarantee from qualified members.

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 lo

 

 

EDUCATION LOAN

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

Features and Benefits

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

 

ASSET FINANCE

Enables members to acquire assets like commercial vehicles ,plots, livestock, machines and equipments for commercial use.

Features and benefits

  • Loan advance up to 70% value of assets .
  • A member must have saved at least 30% in his/her account.
  • Assets is jointly  registered with 2NK Sacco.
  • Asset is comprehensively insured through the sacco insurance
  • Repayment period is up to 36months.
  • Very competitive interest rates.

SALARY ADVANCE

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

Features and Benefits

  • Member eligible for this loan are those who channel their salary through FOSA
  • The facility allows the applicant to get 50%of the net salary advance
  • Repayment period is one month
  • Attractive interest rates

CONTACTS

Kangaru Corner House,
Next to Post Bank
Nyeri.
+254-061-2030340
Customer Care : 0721 374 310
P.O. Box 12196 – 10100
info@2nksacco.co.ke

LEAVE A REPLY

Please enter your comment!
Please enter your name here