A SACCO is a Savings and Credit Cooperative Organization. It is a financial institution that is owned by its members who share a common bond.

A Chama is a group of people who come together to pool their resources and make investments together. It is a form of a savings group.

We recommend you only join a well-established chama in which you know atleast three other members personally

Yes, you can use Bitsacco to save and invest in Bitcoin without joining a Chama. You can also create your own Chama and invite your friends to join.

Bitcoin is a virtual currency that can be used by anyone to make transactions. It is the worlds first neutral currency that is not controlled by any entity government or financial institution.

Saving in Bitcoin is a great way to protect your wealth from inflation and currency devaluation. Bitcoin is a deflationary currency that has a limited supply, which means it cannot be devalued by printing more money.

The price of Bitcoin can go up and down. However, over the long term, the price of Bitcoin has been increasing steadily. It is important to have a long term investment horizon when investing in Bitcoin.

Using Bitsacco, you can buy your first Bitcoin by depositing Kenya shillings into your personal savings or Chama. We automatically convert shillings into Bitcoin and help you store it securely.

When you withdraw your savings from Bitsacco, we convert your Bitcoin into Kenya shillings and instantly send the money into your M-Pesa account.

We will be offering loans to our members in the future. We are currently working on building the infrastructure to offer loans to our members. Stay tuned for updates on this.

Yes, Bitsacco is registered and regulated by SASRA - the SACCO Societies Regulatory Authority. We operate in Kenya and are compliant with all the laws and regulations governing SACCOs in Kenya.