Afya Sacco Society Limited is one of Kenya’s premier Tier-1 Saccos, originally founded in 1971 to serve workers in the health sector. Over the decades, it has expanded significantly and now has an asset base exceeding KES 22 billion, making it a major player in the country’s cooperative movement.
Its iconic headquarters, Afya Centre in Nairobi, is a well-known landmark and serves as a key hub for both the Sacco and public transport commuters.
Afya Sacco Society Limited Membership & Eligibility
While its roots are in the Ministry of Health and medical professions, Afya Sacco has opened its doors to a wider audience:
- Health Sector Employees: Doctors, nurses, and all medical staff.
- Business Community: Small and medium-sized entrepreneurs.
- Groups & Corporates: Registered self-help groups and institutions.
- Diaspora & Youth: Specialized categories for Kenyans abroad and young savers.
How to Become a Member of Afya Sacco Society Limited
Membership in Afya Sacco is open for individuals who meet the joining requirements. It draws its membership predominantly from the health sector and the wider business community.
Afya Sacco Society Limited Member Benefits
Membership in Afya Sacco provides a comprehensive range of financial, social, and investment benefits.
- Affordable Credit
- Comprehensive Insurance (Afya Benevolent Fund)
- Investment and Property Ownership
- Convenient Financial Services (FOSA & Mobile)
- Empowerment and Governance
Become A Member Of Afya SACCO
Requirements for Joining AFYA SACCO
To join the SACCO as an individual, one needs to:
- Complete and submit the Individual Membership Application Form (click here)
- Attach a copy of your Kenyan National Identity Card or a valid Kenyan Passport.
- Attach a colored passport-size photograph.
- Attach a copy of your KRA PIN Certificate.
- Minimum Deposits – Kshs. 5,000/=
- Joining fee – Kshs. 1,000/=
- Minimum Share Capital: KSh 20,000 (payable in instalments).
Afya Sacco Society Limited Key Services
Afya Sacco operates both BOSA (Back Office) and FOSA (Front Office) systems, providing a bridge between traditional saving and modern banking:
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FOSA Services: Offers immediate banking facilities including salary processing, fixed deposits, and ATM services.
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Loan Products: They provide a wide range of credit facilities, from Emergency Loans (processed quickly for hospital bills/school fees) to Development Loans (usually 3x or 4x of savings) and Asset Finance.
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Afya Investment: A subsidiary that helps members acquire prime land and real estate through vetted and secure processes.
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Afya Benevolent Fund: Provides a safety net for members and their families in the event of death, covering funeral expenses.
Afya Sacco Society Limited’s Contact Information
The Sacco has a presence in nearly all 47 counties through a network of over 300 service branches and 10+ main FOSA branches.
Afya Sacco Society Limited Joining Requirements
To join as an individual, you typically need:
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A completed Membership Application Form.
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A copy of your ID/Passport and KRA PIN.
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Joining Fee: Approximately KES 1,000.
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Minimum Monthly Deposits: Starting at KES 5,000 (though this can vary by category).
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Share Capital: A minimum of KES 20,000 (which can be paid in installments).
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:
- Share Capital:
- Non-Withdrawable Deposits
Afya Sacco’s BOSA Loans
These loan products are:
- Emergency Loan
- Afya super Loan
- Capital Loan
- Afya Mwaliko Loan
- Sharia Compliant Loan
- Afya Senior Citizens Loan
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:
- Salary Account
- Savings Account
- Junior Account
- Joint Account
- Holiday Account
- Fixed Deposit Account
- Group Account
- Student’s Account
- Diaspora Account
Afya Sacco’s FOSA Loan Products.
Afya Sacco’s FOSA Loan products include:
- Salary in Advance
- FOSA Advance
- Omega Advance
- FOSA Mwongozo
- FOSA Special Loan
- FOSA Pap
- FOSA Flex
Afya Sacco’s FOSA Other Products.
- ATM Card(Sacco Link)
- Mobile Banking
- Electronic Fund Transfer
- Safe Custody Of Assets
AFYA Investment
This is the arm of the Society that manages its major properties that generates income for members. Its major objectives are;
- To sell, let, manage and mortgage lands plots, houses, buildings and other property of the society
- To assist the members to improve their social economic wellbeing by enabling them to invest in buying plots and developing houses.