The registration of Blucon Sacco in 2016 was driven by the wish to provide Savings and Credit facilities to its members.
Blucon SACCO is an affiliate of Blucon Holdings Ltd a registered company which deals in financial services among other business portfolio. The Sacco membership is open to all Directors, employees, and partners of Blucon holdings ltd as well as any other interested parties / persons who want to gain financial freedom.
Loans
Blucon Sacco offers savings and credit services including;
- Normal Loans: up to a maximum of Kshs 100,000 or 3 times savings; repayable in 36 months. (For the 1st Year) thereafter shall be amended accordingly.
- Emergency loans: up to a maximum of Kshs 30,000; repayable in 12 months
- School fees loans: up to a maximum of Kshs.50,000; repayable in 12 months
- Asset financing: this product enables members acquire assets maximum Kshs…….
Management
Blucon SACCO is managed by a seven-member management committee, a three member supervisory committee and a three member Credit committee who are elected at the Annual General Meeting.
The SACCO is privileged to have a wealth of diversity in its membership with includes professionals. While such diversity may come with associated challenges, the Society has fostered unity of purpose among members and is proud to say that the results have been a resounding success.
Blucon Sacco also holds a unique position as a SACCO that has a board and management team who are professionals in either finance, management or other business areas. In this regard the SACCO is confident that all decisions are carefully thought through before they are made.