Who we are

  • We are Namibia Public Servants Savings and Credit Co –operatives (NAMSACCO), which was registered on 10th April, 2018 as a Savings and Credit Co-operative in accordance with the Co-operatives Act 1996.

  • A co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.

  • We have members drawn from government Offices, Ministries, Agencies and Regional Councils.

  • Membership in the NAMSACCO is optional and not compulsory.

What we do

  • We provide members with savings through payroll deduction which makes it simple and convenient

  • We provide members with affordable loan facilities with no negotiation fees and other charges at low as 15% interest rate on diminishing balance method

  • We  provide education and training on personal financial management to members

  • We give insurance arranged to pay off outstanding loans in case of death of a member.

  • We assure that savings and dividends  to members will be paid to the next of kin after a member’s deathWho we serve?

  • We only serve the Members of NAMSACCO

Who can join?

  • All Public Servants from Ministries, Offices, Agencies and Regional Councils.


"Grow With Us"

Connect With Us

copyright2021 Government of the Republic of Namibia - All Rights Reserved