- GDC Sacco Society Limited P.O Box: 896-00216, GITHUNGURI.
Products & Services
Everything GDC SACCO offers, in one place
From everyday savings and business accounts to fixed deposits, credit facilities and FOSA counter services. Explore the product that fits you, then open its page for full requirements and terms.
01
Savings Products Accounts for individuals, businesses, groups and members in the diaspora
Business Account
An avenue for convenient daily business transactions for corporate and SME clients.
- Minimum deposit / top-up of KES 100
- Certificate of incorporation, CR12 & board resolution required
- KRA PIN, VAT certificate and valid trading licence
Individual Account
A range of investment product accounts for individual members and institutions.
- Trusted SACCO established in 2003
- Grew from 428 members and KES 992,046 share capital
- Access to the full family of GDC savings products
Group Account
For registered groups, chamas and community associations saving together.
- Certificate of registration & certified minutes extract
- Introduction letter from the CDA office
- List of members plus constitution and by-laws
Diaspora Account
Ideal for members living and working outside the country who want to keep saving at home.
Up to 7% p.a.- Interest earned quarterly, paid out annually
- Top up your account on a monthly basis
- Free monthly standing order from your savings account
Diva Account
Built for women in business and agribusiness: a short-term credit facility that supports financial independence.
- Account opening balance of KES 500
- Share capital of KES 5,000
- ID / passport, KRA PIN and one passport photo
Saving together since 2003
From 428 members and KES 992,046 in share capital to the SACCO you bank with today.
02
Investments Grow your money with competitive, guaranteed returns
Fixed Deposit Account
Lock in an attractive return over a flexible period of 3 to 12 months.
Up to 8.5% p.a.- Minimum deposit / top-up of KES 100
- Interest earned quarterly, paid out annually
- Amounts withdrawable once a quarter
Akiba Account
Save steadily for a holiday, school fees or a long-term project.
Up to 7% p.a.- Top up monthly, with a free standing order
- Interest earned quarterly, paid out annually
- Minimum deposit / top-up of KES 100
Premier Savings Account
A guaranteed return for members who can commit KES 100,000 for one year.
Guaranteed 10% p.a.- No charges on the premier account
- Deposits usable as collateral for the loan period
- Interest forfeited if withdrawn before maturity
03
Credit Facility Long term, short term and advance lending for every member
Development Loans
Long term facilityFinance income-generating activities and long-term investments.
- Borrow up to three times your deposits
- Repayment period of 36 to 60 months
- Ideal for projects, land, construction and expansion
Short Term Credit Facilities
Short term facilityCompetitive rates and flexible repayment terms for immediate member needs.
- Save consistently for at least six months
- Be a fully paid-up member per the SACCO by-laws
- Lending based on ability to pay per your financial statement
Salary Advance
AdvancesA short-term loan for salaried members who channel their salary through FOSA.
- Quick turnaround for urgent cash needs
- Salary must be processed through FOSA
- Repaid from your next salary remittance
04
Other Services Everyday FOSA counter and payment services
Personal Cheque BookTransact higher limits conveniently.
Cheque ClearingAll account holders deposit and clear cheques free of charge.
Banker's ChequeAvailable at just KES 100.
Salary / Pension ProcessingHave your salary or pension processed through FOSA.
Paybill DepositsFREE Paybill 639498 to save, deposit and repay loans.
Safe CustodyTitle deeds, valuables and overnight cash from KES 1,500 a year.
RTGS TransfersMove funds to other financial institutions at a reasonable fee.
M-PESA ServicesEnjoy M-Pesa services at any of our branches.
Till Number ServicesCollect business payments and cut cash-handling risk.
In-House VouchersIdeal for groups and institutions for ease of transacting.
Not sure which product fits you?
Join GDC SACCO today, or talk to a member-service officer who will match you to the right account or facility.