Frequently Asked Questions

What do I benefit by being a member of WPS?

• Competitive Interest rates on fixed deposit and savings accounts.
• Micro-Finance loans.
• Attractive dividends on shares.
• Wide range of financial services.
• MoneyGram cash transfer.
• Children accounts.
• Transparent transactions with no hidden charges.
• Free mobile services.
• Salary advance loans.
• Short and long term loans, with repayments periods ranging from one Month and over.
• Easy accessibility of managers to clients.
• A friendly and a well established customer relations service.

How many years has WPS been in the financial business?

• Since 1976

How many branches does WPS have?

WPS has nine branches spread all over Gusiiland. It serves gusii and its environs;

• Kisii
• Ogembo
• Marani
• Kebirigo
• Nyamaiya
• Nyamarambe
• Keroka
• Magombo
• Nyamache
• Paypoints: Tabaka, Kenyenya, Nyamira,Nyamusi and Tombe.

What are the requirements of opening a savings account?

• Photocopy of National ID Card
• A little as ksh.100 or even free but build progressively to a minimum balance of ksh.1000
• Entry fee of ksh.100
• Two passport size photographs-May be taken at the sacco
• Certificate / copy of minutes authorizing incase of a group.

How  much do I need in my account to earn interest ?

• Ksh.10000

What other services does WPS offer?

• Fixed deposit account
• MoneyGram - cash transfer
• Child accounts
• Short and long term loans-ranging from one year and three years.
• Salary advances
• Micro Finance credit, especially to small traders, unemployed youths, women groups, etc
• Free mobile services convenient to every member and customer.

How much do I need to save to acquire a loan from WPS?

• Be a reputable member of society
• Produce or Salary to be processed through the sacco for one month
• Be an active member of the sacco
• Have at least five sacco shares worth ksh.1000

What measures has WPS put in place to ensure it remains stable?

• WPS is run by a professional management team with competent and qualified management and Supervisory Committee
• WPS is among the best insured sacco in the country
• WPS works very closely with the Ministry of Cooperatives and Marketing 
• WPS enjoys a high reputation nationally and internationally 

What are WPS' recent achievements?

• Have successfully partnered with local and international bodies to provide more products to the society such as CODF, CIDR, Cooperative Bank, KTDA among others.
• Opened a new branch at Keroka
• Introduced new products tailored to the needs of our members
• We have increased our client base and noe serve needy members of our society through provision of micro credit to Jua Kali artisans, unemployed youths, mama mboga, women groups, car washers, shoe shiners,etc

Who owns WPS?

• WPS is a public institution that is 100% owned by over 100,000 shareholders who include farmers, teachers, civil servants, pensioners, businessmen, schools, churches, Jua Kali artisans, women and men groups
• The society has been in existence for over 30 years offering cheap and convenient products and over one billion has been disbursed as credit over these period.
• WPS understands her members much better than any other financial institution operating in this region .
• The society unlike its competitors believe in transparency and has no hidden charges but educates and trains them on our charges and how they can secure a good loan.
• All savings are well secured and all loans insured.
• WPS gives you an opportunity to invest and grow through regular buying of shares which attract dividend at the end of the year.

What can I do if I need more information or assistance ?

You may either:

• Fill the contact form on this site and we will get back to you as soon as we can
• Visit any of our branches and talk to the customer care representative / branch manager.

  OR

• Call Marketing manager 05830220/1,Cellphone: 0736856060

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