Tumeimarika ki-vyetu
Empowering Domestic Workers through Financial Literacy
In 2019, 12 Domestic Workers from the Domestic Professionals Association of Kenya (DPAK) started a welfare group with the purpose of saving, borrowing, and assisting each other during bereavement. After 3 years this initiative has blossomed into DPAK Sacco Ltd that was officially registered in the Register of Co-operative Societies, Registration No. CS/ 26878, under the Co-oper¬ ative Societies Act (Cap490) Laws of Kenya, in May 2022. DPAK Sacco Ltd is a Domestic Workers savings and credit cooperative that provides members with a platform to accumulate savings, access credit, invest, and grow economically. The Sacco addresses the unique financial challenges domestic workers face in Kenya and abroad by providing them with access to formal financial services. Our objective is to promote financial awareness and financial wellness of domestic workers.
01
Fill out our simple application form with your basic personal information.
02
Gain valuable financial literacy skills through our education programs, empowering you to make informed decisions about your finance.
03
Open your SACCO account to start saving and accessing our financial services.
•Copy of ID
•Passport Photo
•Pay Ksh. 500 entrance fee
•Pay the minimum share capital of Ksh. 1000
•Pay a minimum of Ksh. 500 every month towards the member deposit account
Joining our SACCO is not just about financial transactions; it's about joining a community that cares about your financial well-being. Start your journey towards financial empowerment with us today!
On Member Education Day for the Domestic Workers Sacco (DPAK),attendees and Members were equipped with essential financial knowledge and skills to enhance their financial well-being.Presentations focused on topics such as budgeting, understanding interest rates, responsible borrowing, and effective debt management. Members were encouraged to explore investment opportunities, set long-term financial goals, and actively participate in the Sacco's decision-making processes.The day served as a platform to empower members with the tools they need to make informed financial decisions and achieve financial stability.
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Moneywise, a virtual gathering held every Wednesday for members of the Domestic Workers Sacco (DPAK), serves as an interactive platform for imparting financial literacy and exchanging success stories. During these sessions, members engage in discussions aimed at enhancing their understanding of financial matters while also sharing inspirational tales of achievement.
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