- Karatina | Kiamriga
- 9am to 5pm, Mon - Fri
About Us
Founded on 30th May 1990 and registered under the Co-operative Societies Act, Baraka SACCO is a trusted financial partner committed to empowering individuals, businesses, and communities. For over three decades, we have provided affordable, reliable, and member-focused financial solutions that cut across all sectors of the economy.
Who We Are
What We stand for
At Baraka SACCO, we stand for more than financial services — we stand for trust, empowerment, and shared prosperity. Since our founding, our mission has been to create opportunities that uplift our members and strengthen communities.
Our Vision
To be the best financial services provder.
Our Mission
To promote the social-economic well being of members throgh mobilization of savings and provision of quality, market drives financial products and services
Core Values
We are guided by integrity, transparency, professionalism, accountability, teamwork, loyalty, and confidentiality in everything we do.
Services and Products
What we Offer
With decades of experience, we have developed a process that ensures high productivity and profitability for our members. Our expertise spans various financial services, tailored to meet the evolving needs of our diverse membership
Member Banking Solutions
Convenient and reliable banking services designed to meet your everyday financial needs.
Affordable Loan Facilities
Flexible and accessible loan products tailored to support your goals and ambitions.
Banker’s Cheque Services
Secure and efficient banker’s cheque services for your business and personal transactions.
Requirements For Opening an Account
Joining Baraka SACCO is the first step towards financial empowerment. We make the process simple, transparent, and accessible to all.
- Original I.D,Card and One Copy
- Two Coloured Passport Size Photographs
- Certificate of Incorporation in case of groups and institutions i.e Original and Copy
- A resoltion to open an account (minutes incase of groups and Institutions.
- Registration Fee 100/=
- One share subscription of KES 20
Our Membership Benefits
At Baraka SACCO, we go beyond savings — we empower our members with affordable financial solutions, flexible loans, and convenient digital services designed to meet your everyday needs.
Can I access my account on the go?
Definitely. With our mobile banking services, you can check balances, transfer funds, and manage your account anytime, anywhere.
Do I need a large balance to keep my account active?
No. We maintain a low book balance to make membership affordable and accessible to all.
Can I secure a loan using my deposits?
Yes. Members can secure loans with fixed deposits, making borrowing simple and convenient.
Do I earn returns as a member?
Absolutely. Every year, members enjoy an annual dividend on shares, rewarding your commitment and investment.
How long does it take to process a loan?
We value your time — that’s why we offer instant processing of loans, so you can access funds when you need them most.
Are your loan interest rates competitive?
Yes. We provide competitive interest rates, ensuring you get affordable financial solutions without unnecessary burden.
What collateral do I need for a loan?
We offer affordable collateral options, including SACCO deposits and guarantors, making loans accessible to more members.
Can I choose how to repay my loan?
Yes. Our loans come with flexible repayment terms, giving you the freedom to repay at your own pace.