+254 748 368 998
customercare@jhpsacco.org
Mon - Fri : 08:00 AM - 05:00 PM

Savings Plans

Grow Your Wealth With Our Savings Plans

Saving with JHP SACCO is one of the easiest ways to grow financially. We offer attractive dividends and benefits on our members' savings, ensuring mutual benefit so that profits are returned to the owners and reinvested in the community.

7

Interest on Deposits (%)

3X savings

+ 6x shares for loan eligibility

100%

Savings Security

60

Days Withdrawal

Our Savings & Investment Options

Regular Savings Deposits

Your regular savings deposits form the foundation of your financial growth with JHP SACCO. These deposits determine your loan eligibility and earn competitive interest.

Key Features:
  • Minimum monthly contribution: KES 2,000
  • Earn interest at the end of each financial year
  • Determines loan eligibility (up to 3 times your deposits + 6x your shares)
  • Can be used as loan security
  • Withdrawable when ceasing membership (within 60 days)
  • No hidden charges or fees
Benefits:
  • Builds financial discipline through regular savings
  • Provides security for future financial needs
  • Increases your borrowing capacity over time
  • Earns competitive returns compared to banks

Savings Growth Calculator

2,000 10,000 50,000
1 Year 5 Years 10 Years
Projected Savings Value

KES 645,000

Includes interest at 7% per annum

Start Saving Now

Share Capital Investment

Share capital represents your ownership in the SACCO. It's the core capital that enables the SACCO to operate and grow, while providing you with ownership benefits.

Key Features:
  • Minimum requirement: 100 shares at KES 500 each (KES 50,000 total)
  • Must be met within 12 months from joining date
  • Attracts dividends at the end of the financial year
  • Represents ownership in the SACCO
  • Non-refundable but transferable to existing members
  • Can be used as collateral for larger loans
Benefits:
  • Higher returns through dividends based on SACCO performance
  • Ownership stake in the financial cooperative
  • Voting rights in SACCO decisions
  • Potential for share value appreciation

Share Capital vs. Deposits

Share Capital
Ownership Investment
  • Minimum: KES 50,000 (100 shares)
  • Earns dividends based on performance
  • Non-refundable but transferable
Regular Deposits
Savings Account
  • Minimum: KES 2,000 monthly
  • Earns interest annually
  • Fully withdrawable
Combined Benefits

By maintaining both share capital and regular deposits, you maximize your returns and borrowing capacity with JHP SACCO.

Special Savings Products

In addition to our regular savings options, we offer specialized savings products tailored to meet specific member needs and goals.

Papua Mobile loan
    Papua is a mobile wallet platform that enables member to acess mobile intrest free advance loans instantly.
Risk Premium Savings
  • Applied only during the first 12 months of loan repayment
  • Ensures the loan breaks even within one year
  • Requires higher savings for longer repayment periods
  • Not applicable for loans below or against member savings
  • Exempt for JHP Housing members when loans are paid directly to the Society
Targeted Savings Plans
  • Education Savings: Plan for your children's education
  • Retirement Planning: Build a nest egg for your future
  • Project Savings: Save for specific projects or investments
  • Emergency Fund: Create a financial safety net

Why Save With JHP SACCO?

Higher Returns
9/10

Our dividend and interest rates outperform traditional banks

Loan Accessibility
10/10

Your savings directly increase your borrowing capacity

Financial Security
9.5/10

Your funds are secure with our proven track record

Community Impact
8.5/10

Your savings help grow the cooperative and benefit other members

Ready to Start Saving?

Contact us today to discuss the best savings plan for your financial goals.

Get Started

Compare Our Savings Advantage

Feature JHP SACCO Other SACCOs Commercial Banks
Interest on Deposits 7% per annum 3-5% per annum 1-3% per annum
Dividends on Shares Based on performance Based on performance N/A
Minimum Monthly Savings KES 2,000 KES 1,000 - 5,000 No minimum (maintenance fees apply)
Loan Eligibility Up to 3x savings + 6x shares 1-2x savings Based on credit score
Withdrawal Notice 60 days 30-90 days Immediate (transaction limits)
Membership Benefits Ownership & voting rights Limited benefits No ownership
Best Returns

Our 7% interest on deposits outperforms most financial institutions

Higher Loan Access

Borrow up to 3 times your savings at competitive rates

Community Ownership

You're not just a customer - you're an owner with voting rights

How to Start Saving With Us

1. Become a Member

Join JHP SACCO by completing the membership application and providing required documents

2. Make Initial Deposit

Pay your share capital (KES 50,000) and make your first monthly savings contribution (KES 2,000)

3. Regular Savings

Continue with monthly contributions to grow your savings and increase your loan eligibility

Ready to Start Your Savings Journey?

Join thousands of members who are growing their wealth with JHP SACCO's competitive savings plans.

Become a Member Contact Us

JHP SACCO Logo

Promoting members' growth and development by providing real-time financial solutions, empowering them both economically and socially.

Address

Naivasha Road, McGregor One Building, 1st Floor
P.O Box 27731 - 00100 Nairobi

+254 748 368 998

customercare@jhpsacco.org

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Licensed by Ministry of Co-operatives & SACCO Societies Regulatory Authority