Updated 23 October 2026
Tembo Sacco declared a 20% dividend on share capital and 11.75% interest on deposits for the 2025 financial year, at its 2026 AGM. The Sacco says it has paid 20% on shares every year since 2018. Use the calculator to see what the 2025 rates would pay on your balance.
Rates are what was last published, gross of tax. Money market funds are compounded monthly; bills, bonds, deposits and SACCO returns are worked out as simple interest. Your actual return will differ.
The default rate is 11.75%, for deposits. To estimate the dividend, enter your share capital and set the rate to 20%. The calculator nets off the 5% withholding tax.
Tembo’s History
Tembo was registered in 1972 to serve employees of East African Breweries, and it later opened membership to the public. Today it is a mid-sized Sacco headquartered at Tembo Sacco Plaza on Garden Estate Road, Nairobi.
Size and Recent Results
SASRA’s 2025 supervision report lists Tembo with total assets of about KSh 7.77 billion, member deposits of KSh 5.06 billion, gross loans of KSh 4.85 billion and revenue of about KSh 960 million. It is much smaller than giants such as Mwalimu National or Stima.
One thing members should know: at its 2025 AGM, Tembo disclosed a KSh 115.83 million impairment on money it had placed with KUSCCO, the co-operative union at the centre of a KSh 13 billion scandal, and SASRA advised writing it off in full. Even so, it kept the 20% dividend for 2025.
The Rates
| Financial year | Dividend on share capital | Interest on deposits |
|---|---|---|
| 2025 | 20% | 11.75% |
Example: the minimum KSh 20,000 in shares earns KSh 4,000 at 20%. KSh 180,000 in deposits at 11.75% earns KSh 21,150. The total is KSh 25,150 before tax, or about KSh 23,890 after the 5% withholding tax.
Membership Requirements
You must be at least 18 and employed or self-employed in a lawful activity in Kenya. Bring:
- A completed application form and nominee form
- A copy of your ID and your KRA PIN
- A passport photo
Costs:
- A non-refundable registration fee of KSh 1,000 (the 2024 brochure listed KSh 2,000, so confirm the current figure)
- Minimum share capital of KSh 20,000, which is 1,000 shares at KSh 20 each
- A minimum monthly deposit of KSh 1,000
Paying and Contacts
Use M-Pesa paybill 593643. For the entrance fee, the account is T200 followed by your membership number. Phone 0722 992 469 or visit Tembo Sacco Plaza, Garden Estate Road. Plan any borrowing with the Tembo Sacco loan calculator, and confirm a Sacco is licensed on our licence checker.
Frequently Asked Questions
What dividend did Tembo Sacco pay for 2025?
20% on share capital and 11.75% on deposits.
Was Tembo Sacco affected by the KUSCCO scandal?
Yes. It disclosed a KSh 115.83 million impairment at its 2025 AGM.
What is Tembo Sacco’s paybill?
593643.
Who can join Tembo Sacco?
Anyone aged 18 or over who is employed or self-employed in a lawful activity in Kenya.
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