KRep Welfare Association

Meeting Your Every Need

Welcome to KWA SACCO


i) Who are we?

KWA Welfare Association was started in 1994 as registered self help group. In 96 KWA was registered in as a savings and credit organization (SACCO). The welfare idea was maintained. 


ii) How do I become a KWA member? 

Membership is voluntary and we are open to organised individuals, groups, chamas, business persons and companies. If you fall in the above category one is free to fully fill our registration form online, from our agents or office and submit it to our nearby office. 


Note: On joining KWA Sacco one becomes a member of the welfare fund.


The Membership fee is KES.1,000/=………………Welfare fund KES. 300/= monthly. To date our membership is over 800 with a share capital of over 10 million, deposits over 88 million and loans to members of over 150 million as at December 2015.



iii) How do I benefit from being a member?

On joining one pays for shares capital worth kes 5,000 and thereafter monthly contribution towards deposits accumulation. Deposits are made in order to borrow or earn interest. The minimum one can save in a month is KES. 2,000/= (Kenya shillings two thousand only). However, we encourage you to save more depending on your capability.


Below is a list of our products:


Savings Products:

 Savings

 Deposits

 Holiday savings

 New year savings

 Investment savings


Credit Products

 Main Loan

 Emergency loan

 School fees loan

 Welfare fund.

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Previous KWA Executives

At the Association, we have previously been served by executives of different stature, qualifications and diverse backgrounds. They include:

1.    Francis Kihiko-K-rep Group

2.   Aleke Dondo-KDA

3.   Mathew Machari-K-rep Bank

4.   Titus Chweya-K-rep Bank

5.   Teresa malu-KAS

6.   Andrew Nyakundi-K-rep Bank

7.   Ismail Guyo-K-rep Bank

8.  Maxine Manera-KAS

9.   Solomon Kaesa-K-rep Bank

10. James Munyasi-K-rep Bank

11. Jerremy Imanene-K-rep Bank.

Supervisory Commitee


This committee is comprised of the following

1.Jackson Atuti Maosa

2.David Muthama

David posses a Bachelors Degree in Business Management( Finance & Banking)  from Moi University, CPA K, CS Part II and a Diploma in  Business Management from Kenya Institute of Management. David is the Finance and Administration  Manager, Makao Mashinani

3.Philemon Wachara

Philemon is a Bachelor of Commerce (Accounting) Degree holder and a Certified Public Accountant of Kenya (CPAK). He is also a Master of Business Administration (Finance) holder on top of being a Certified Public Secretary (CPS).

His banking career spans 8 years in the fields of accounting, financial management, treasury and microfinance. He joined Sidian Bank from Housing Finance in April 2007




Each member contributes ksh.200 through the payroll. The welfare fund is utilized in:


 Assisting bereaved members as follows

o Loss of an immediate parent Ksh.15, 000

o Loss of a child Ksh. 20,000

o Loss of a spouse Ksh. 20,000

o Loss of the member Ksh. 30,000


 Other welfare payments include 

o Wedding gifts to members Ksh. 10,000

o Gifts to member’s new born babies Ksh. 5,000.


 Subject to availability of funds the welfare fund can also cater for get together and fun activities.


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Our Tweets

Please contact us on 254-020-3871511 for more on our products and services. You can save with us today and enjoy different loaning facilities.