Kenya Finance CalculatorWhy SACCOs Beat Standard Savings
Because SACCO returns are taxed at only 5% withholding tax (compared to 15% on commercial bank interest), members keep a much larger portion of their annual compound gains.
SACCO & cooperative tools
Kenya SACCO Dividend & Interest Calculator
Estimate your annual earnings on share capital and non-withdrawable deposits, calculate net cash after 5% WHT, and determine your 3x borrowing capacity.
Kenya SACCO Market Benchmarks
Industry averages for SASRA-regulated deposit-taking SACCOs.
| Income Band / Category | Rate / Limit | Notes |
|---|---|---|
| Share Capital Dividends | 12% - 17% p.a. | High yield on permanent equity ownership (5% WHT) |
| Interest on Deposits (BOSA) | 10% - 13.5% p.a. | Annual interest on monthly savings balance (5% WHT) |
| Withholding Tax (WHT) | 5% | Statutory final deduction on all SACCO member returns |
| Standard Loan Multiplier | 3x - 4x deposits | Enables long-term asset development and school fee credit |
Building Borrowing Capacity
Consistent monthly deposit additions steadily increase your 3× multiplier, enabling you to access low-interest developmental and emergency credit when needed.
Quick Answers
SACCO Earnings FAQs
What is the difference between Share Capital and Non-Withdrawable Deposits in a SACCO?
Share Capital represents your permanent ownership equity in the SACCO; it is non-refundable (transferable to another member upon exit) and earns Dividends (typically 12%–17%). Non-Withdrawable Deposits (BOSA) are your regular monthly savings used to secure loans; they are refundable upon exit and earn Interest on Deposits (typically 10%–13.5%).
What is the tax rate on SACCO dividends in Kenya?
SACCO dividend payouts and interest on deposits are subject to a statutory 5% final Withholding Tax (WHT) under Section 35 of the Kenya Income Tax Act.
How much can I borrow from my SACCO?
Most SASRA-regulated SACCOs in Kenya allow members to borrow up to 3× or 4× their accumulated non-withdrawable deposit savings, backed by salary deduction and eligible member guarantors.
When are SACCO dividends paid?
SACCO dividends and interest on deposits are approved by members during Annual General Meetings (AGMs) held between February and April each year and credited immediately to members' FOSA bank accounts.
August 2026
Calculators are for planning and estimation only. Verify final tax, payroll, loan, investment or property figures with the relevant institution or adviser.