A) Savings

Members are given a chance to open an account where they can make deposits and accrue savings, which shall be available to them at their convenience

  • No withdraw charges
  • Withdrawal on demand.
  • Receive instant messages at every transaction saving and withdrawal

Why Regular Savings?

  • Encourage thrift among it’s members by affording them an opportunity for accumulating their savings
  • Create a source of funds at a fair and reasonable rate of interest
  • Provide an opportunity for each of it’s members to improve the members respective economic and social conditions

Savings accounts at FAM SACCO LTD:

  1. Fam Savings Account.
  2. Mtoto Savings Account
  3. School Fees Savings Account
  4. Institutional Savings Account  for Companies and Schools.
  5. Banyama Group Account
  6. Power Fixed Deposit Account

B) Loans

Members are given a chance to get loans in case of any emergency or financial crisis.

Loan range from Shs. 100,000 to Shs. 5,000,000

Loan requirements

  • Buy at least 10 shares (Shs. 100,000)
  • Open a savings account
  • At least be engaging in a business
  • With collateral security
  • Save at least for 2 months (Group loans)


  1. Business individual Loan
  2. Asset acquisition Loan
  3. School Fees Loan
  4. Agricultural Loan
  5. Group Loan
  6. Staff Salary Loan
  7. Quick loan