Qona Sacco (formerly Safaricom Sacco) — Digital Loans, Savings & Mortgages | Business Listings Kenya

Grace Wanjiku
10 Min Read

✓ Verified Listing

🏦 Tier 1 Deposit-Taking Sacco

Qona Sacco

Formerly Safaricom Sacco, now Qona — a Tier 1 SASRA-regulated Sacco for ambitious visionaries, offering loans, savings, and mortgages to over 19,000 members since 2001.

📍 GoodMan Tower, Westlands, Nairobi
🏦 Tier 1 Deposit-Taking Sacco
📅 Registered 2001
💰 KES 14 Billion Asset Base

📋 About Qona Sacco

Qona Sacco Ltd was registered in 2001, originally as Safaricom Sacco Ltd, serving employees and eligible members within the telecommunications sector’s common bond. In a significant milestone, the Sacco rebranded from Safaricom Sacco Ltd to Qona DT Sacco Ltd, reflecting its growth, improved service delivery, and evolution into a more modern, member-focused institution, while its core services, corporate governance, and values remained unchanged. The Sacco’s head office is on the 1st Floor of GoodMan Tower, Westlands, Nairobi.

Qona Sacco is a Tier 1 SASRA-regulated Sacco, meaning member deposits and investments are safeguarded by the highest industry standards. The Sacco is powered by a community of over 19,000 members, backed by a KES 14 billion asset base, and disburses over KES 30 million in loans daily. Qona offers Back Office Services Activity (BOSA) savings, short-term and long-term loans, and mortgage loans, all accessible through its fully digitised iConnect web portal, allowing members to apply for loans, manage savings, and transact anytime from their phone or computer. Membership is open to eligible Kenyans and diaspora members within the Sacco’s common bond, though the Sacco operates as a primary cooperative and does not onboard chamas or investment groups.

🏷️ Company Details

TypeTier 1 Deposit-Taking Sacco (SASRA Regulated)
Registered2001 (as Safaricom Sacco Ltd; Rebranded to Qona)
Head Office1st Floor, GoodMan Tower, Westlands, Nairobi
CityNairobi, Kenya
Membership19,000+
Asset BaseKES 14 Billion
Daily Loan DisbursementKES 30 Million+
Digital PortaliConnect (iconnect.qonasacco.com)
USSD*483*901#
Websiteqonasacco.com

⚙️ Products & Services

🔵 BOSA (Back Office Services Activity) Savings
🔵 Short-Term Loans
🔵 Long-Term Loans
🔵 Mortgage Loans
🔵 Loan Buyout (from Other Institutions)
🔵 Smart Home Item Financing
🔵 iConnect Digital Web Portal
🔵 Diaspora Membership
🔵 USSD Registration (*483*901#)

💰 Membership at a Glance

RequirementDetail
Registration FeeOne-off KES 1,000
Minimum Monthly ContributionKES 3,000
Minimum Shareholding400 Shares (Institutional Capital)
Maximum ShareholdingNo More Than 1/5 of Total Sacco Shareholding
Loan-to-Savings RatioUp to 10x Your Savings (1:10)
Withholding Tax on Dividends5% (Exempt for PWD Tax-Exempt Certificate Holders)

🕐 Availability

Monday – FridayStandard Office Hours (Westlands HQ)Open
iConnect Portal & USSDOpen 24 HoursOpen
📱 Loan applications, savings management, and transactions are available 24/7 via the iConnect web portal or by dialling *483*901# for USSD registration.

🗺️ Service Areas

📍 Westlands, Nairobi (Head Office)
💻 Nationwide — via iConnect Digital Portal
🌍 Diaspora — Kenyans Abroad

📸 Photos

Qona Sacco's head office at GoodMan Tower, Westlands, NairobiQona Sacco’s head office at GoodMan Tower, Westlands, Nairobi
The iConnect web portal — manage savings, apply for loans, and transact anytimeThe iConnect web portal — manage savings, apply for loans, and transact anytime
Qona Sacco members gathering at the Annual General MeetingQona Sacco members gathering at the Annual General Meeting

Qona Sacco's new brand identity — evolving from Safaricom Sacco into Qona

Qona Sacco’s new brand identity — evolving from Safaricom Sacco into Qona

Swipe to view more photos

📍 Location & Map (Head Office)

📍 1st Floor, GoodMan Tower, Westlands, Nairobi, Kenya · Get Directions →

📬 Contact Information

🌐 Websiteqonasacco.com
💻 iConnect Portaliconnect.qonasacco.com
📱 USSD Registration*483*901#
📍 Head Office1st Floor, GoodMan Tower, Westlands, Nairobi, Kenya
✉️ Contact Pageqonasacco.com/home/contactus

🔗 Social Media

⭐ Reviews & Ratings

4.2
⭐⭐⭐⭐
Member Rating

Qona Sacco (formerly Safaricom Sacco) is trusted by members for its Tier 1 SASRA regulation, fast loan processing through the iConnect portal, and competitive dividend returns, with the recent rebrand well received as a sign of the Sacco’s continued growth.

⭐ Leave a Review on Facebook

V
Victor Kimani
Member, Nairobi · April 2026
★★★★★

“I’ve been a member since the Safaricom Sacco days and the transition to Qona has been smooth — no disruption to my savings or loan terms. The iConnect portal makes managing everything so much easier than the old process.”

L
Linda Wanjala
Diaspora Member, Canada · February 2026
★★★★★

“Even living abroad, I’ve been able to keep saving and building shares in Qona. The digital-first approach really works for diaspora members like me — I’ve never needed to visit the Westlands office in person.”

B
Brian Otieno
Member, Nairobi · December 2025
★★★★☆

“Loan-to-savings ratio of up to 10x is generous and helped me finance a bigger purchase than I expected. The 3-month wait if you deposit a lump sum to boost your loan limit is worth knowing about beforehand, but overall a solid Sacco.”

M
Mercy Adhiambo
Member, Nairobi · September 2025
★★★★★

“Paid off my loan early with a lump sum and appreciated that there was no penalty for fast-tracking repayment — not all lenders offer that flexibility. Dividends have also been consistent year over year.”

📝 Share Your Experience

Are you a Qona Sacco member? Rate them and leave a comment below.

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❓ Frequently Asked Questions

Why did Safaricom Sacco rebrand to Qona?

Qona is a rebrand of Safaricom Sacco Ltd, reflecting the Sacco's growth, improved service delivery, and evolution into a more modern, member-focused institution. Core services, corporate governance, and values remain the same — the rebrand does not alter fees, benefits, or existing member agreements.

Where is Qona Sacco head office?

Qona Sacco's head office is on the 1st Floor, GoodMan Tower, Westlands, Nairobi, Kenya.

How do I join Qona Sacco?

Membership requires a one-off registration fee of KES 1,000, a minimum monthly contribution of KES 3,000, and a minimum shareholding of 400 shares. You'll receive an SMS notification with your member number within 48 hours of registering. Register via *483*901# or through the website.

Can chamas or investment groups join Qona Sacco?

No. Qona operates as a primary cooperative and does not onboard chamas or investment groups — membership is limited to eligible individuals and corporates within its common bond.

Can diaspora Kenyans join Qona Sacco?

Yes. Qona Sacco welcomes diaspora members, with seamless access through its digital channels, including the iConnect web portal, allowing Kenyans abroad to save, invest, and manage loans remotely.

What is Qona Sacco's loan-to-savings ratio?

Members can borrow up to 10 times their savings (a 1:10 ratio). Loans must be fully guaranteed, and members can pay off loans in a lump sum or multiple payments at any time without penalty for early repayment.

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Grace Wanjiku is a commerce writer dedicated to helping small and medium enterprises (SMEs) thrive in East Africa. A graduate of Commerce from the University of Nairobi, she focuses on digital banking solutions, mobile money integration, and local market trends across Kenya’s counties. When not analyzing market shifts, Grace manages verified data updates for the Business.co.ke local directory. She can be reached at grace.wanjiku@business.co.ke
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