Effective Date: 12/12/2025
Last Updated: 12/12/2025
These Terms and Conditions govern the use of the Oasic Sacco website and services. By accessing our website, applying for membership, saving with us, or using our services, you agree to be bound by these Terms and Conditions.
If you do not agree with any part of these terms, please do not use our website or services.
- About Oasic Sacco
Oasic Sacco is a cooperative society offering savings, loan facilities, and investment opportunities to its members in accordance with applicable Kenyan laws and regulations. - Membership
2.1 Membership is open to individuals who meet Oasic Sacco’s eligibility criteria.
2.2 Admission to membership is subject to approval by the Sacco in accordance with its by-laws.
2.3 Members must provide accurate, complete, and up-to-date information at all times.
2.4 Oasic Sacco reserves the right to suspend or terminate membership for violation of these Terms, the Sacco by-laws, or applicable laws. - Savings and Contributions
3.1 Members are required to make savings and contributions as stipulated by Oasic Sacco policies.
3.2 Savings are subject to minimum contribution requirements and withdrawal conditions as outlined in the Sacco’s by-laws.
3.3 Oasic Sacco reserves the right to review savings policies from time to time. - Loans and Credit Facilities
4.1 Loan facilities are available only to eligible members and are subject to approval.
4.2 Loan approval depends on factors including savings history, repayment capacity, guarantors, and Sacco policies.
4.3 Members must repay loans within the agreed repayment period and interest rate.
4.4 Late repayments may attract penalties as per Oasic Sacco loan policy.
4.5 Oasic Sacco reserves the right to recover outstanding loans through lawful means. - Investments
5.1 Oasic Sacco may offer investment opportunities to members from time to time.
5.2 Investment returns are not guaranteed and may be affected by market conditions.
5.3 Members are advised to understand the terms of any investment before participating. - Use of the Website
6.1 The website is provided for informational and service-related purposes.
6.2 Users agree not to misuse the website, including attempting unauthorized access or transmitting harmful content.
6.3 Oasic Sacco may update, suspend, or discontinue any part of the website without prior notice. - Accuracy of Information
7.1 While Oasic Sacco strives to keep information accurate and up to date, we do not guarantee that all website content is free from errors or omissions.
7.2 Information on the website does not constitute financial or legal advice. - Privacy and Data Protection
8.1 Oasic Sacco collects and processes personal data in accordance with the Kenya Data Protection Act (2019).
8.2 Use of our website and services is also governed by our Privacy Policy, which forms part of these Terms and Conditions. - Limitation of Liability
9.1 Oasic Sacco shall not be liable for any loss or damage arising from:
Use or inability to use the website
Delays or interruptions in service
Decisions made based on website information
9.2 Nothing in these Terms limits liability where prohibited by law. - Third-Party Links
Our website may contain links to third-party websites. Oasic Sacco is not responsible for the content, accuracy, or practices of those websites. - Amendments
Oasic Sacco reserves the right to modify these Terms and Conditions at any time. Changes will be effective once published on this page. - Governing Law
These Terms and Conditions are governed by the laws of the Republic of Kenya. - Contact Information
For questions regarding these Terms and Conditions, please contact:
Oasic Sacco
📍 Physical Address: Mbichi’s House, Ground Floor Opp, Main Stage, Next to 3-in-1, Karatina Town
📞 Phone: +25479451320
📧 Email: oasicsaccoltd@gmail.com