SACCO management system for Kenya
Run your whole SACCO on one system.
Members, savings, loans, M-PESA, check-off, tellers and SASRA returns, all from the same books. Built for deposit-taking SACCOs.
Today at your SACCO
All branches
Members
4,812
+38 this month
Deposits
KES 412.6M
+2.1% this month
Loan book
KES 538.2M
1,906 loans
PAR 30
5.1%
Watch: up 0.4
Sound familiar?
Four problems every SACCO manager knows. One fix.
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Still running the SACCO on Excel?
One system for members, savings, loans and the ledger.
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Members borrowing from apps?
Give them your own app, USSD and instant loans at your rates.
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Who sent this M-PESA payment?
Paybill payments matched, posted and receipted for you.
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SASRA visit on Monday?
Returns and ratios straight from your own books, every day.
Features
Everything your SACCO runs on, in one place
Every module posts to the same general ledger, so the teller, the loans office, the accountant and the board all see the same numbers.
Members and KYC
Registration, KYC documents and approvals in one queue.
Learn more about Members and KYCSavings and shares
BOSA, FOSA and shares, with dividends and interest per member.
Learn more about Savings and sharesLoans
Apply, appraise, guarantee, approve, disburse and collect.
Learn more about LoansM-PESA
Paybill payments matched, posted and reconciled every day.
Learn more about M-PESACheck-off
Employer files imported, reconciled and allocated.
Learn more about Check-offTeller and cash
Till limits, denominations and end-of-day balancing.
Learn more about Teller and cashSASRA compliance
Returns, ratios, provisioning and AML from one ledger.
Learn more about SASRA complianceMember app and USSD
Balances, statements and loans on any phone.
Learn more about Member app and USSDReports and analytics
A live dashboard and the reports your board asks for.
Learn more about Reports and analyticsMore modules
AGM e-voting, welfare, chamas, asset finance and produce.
Learn more about More modulesCompliance
Inspection ready, every day
SaccoPlus is built for deposit-taking SACCOs under SASRA. The returns you file come from the ledger your staff post to every day, and the controls a regulator asks about are already switched on.
How compliance works- SASRA return forms, exported to Excel
- Prudential ratios with daily alerts
- SASRA provisioning and IFRS 9 staging
- PEP and sanctions screening
- Maker-checker on money movements
- An audit log of every change
Member channels
Your members, served on any phone
Fewer queues in the banking hall, and fewer members borrowing from apps, because your SACCO is already on their phone.
Member app
Balances, statements, loan applications and guarantorship on any smartphone.
USSD
Balances, mini statements and instant loans on any phone.
SMS
A message after every transaction, in wording you set.
M-PESA
Paybill payments that post themselves, payouts when you switch them on.
What is SaccoPlus?
SaccoPlus is a SACCO management system for Kenya. It runs members, KYC, savings, share capital, loans, M-PESA, check-off, the teller desk, reports and SASRA returns on one general ledger, with a member app, USSD and SMS for your members.
Is SaccoPlus built for deposit-taking SACCOs?
Yes. It prepares SASRA return forms from your own books, watches prudential ratios with alerts, provisions at SASRA rates with IFRS 9 staging, screens members for PEP and sanctions, and keeps maker-checker controls and an audit log.
Does SaccoPlus work with M-PESA?
Yes. Paybill payments are matched to the member by account number, posted to savings or the loan, receipted by SMS and reconciled daily. Payouts to members' M-PESA can be switched on when you are ready.
Can members without a smartphone use it?
Yes. Members with a smartphone use the member app in their browser. Every other phone can use the USSD menu for balances, mini statements and instant loans, and every member gets an SMS after each transaction.
See SaccoPlus with your own SACCO in mind
A free demo for your manager, accountant and board. Bring your products, your branches and your hardest month-end question.