2NK Sacco is one the leading transport Saccos in Kenya having been formed in 1994 by matatu owners from Nyeri and Karatina.
The 2 Ns in 2NK stand for Nyeri and Nairobi while the K is for Karatina-has grown over the years to offer parcel services and owns the Mugumo petrol station in Nyeri.
2NK offers trips to Nairobi from major towns like, Nyeri, Katarina, Thika, Nanyuki, Nakuru and Eldoret.
In this article, WoK seeks to look at the requirements for joining the Sacco as a matatu owner.
In a past interview, 2NK Matatu Sacco CEO Anne Nyawira noted that anyone is welcome to join the Sacco but they must meet certain perquisites.
Nyawira explained that the Sacco membership is divided into two classes; Class A and Class B.
Members in Class A are allowed to have up to seven vehicles at a time, and they must have a new Toyota Hiace with the latest registration number or the immediate previous registration number.
Under the Class B Sacco membership, non-matatu owners are allowed to join the Sacco and save money or get access to loans through the front office service.
Additionally, when it comes to the drivers, they are not allowed to have conductors and are not allowed to handle collected cash.
Drivers and matatu owners are paid monthly.
Notably, the Sacco has grown from the original 30 members to over 800 registered members with an asset base of Ksh 240 million as of 2018.
Nyawira has spearheaded several initiatives under the Sacco, which currently has an annual turnover of over Ksh 200 million.
She oversees the more than 800 vehicles registered under the Sacco, ensuring that they meet the customers’ demands and National Transport and Safety Authority (NTSA) road regulations.
