EcoFedha Climate Savings
Account
A new climate-focused
savings option for diaspora members
What is EcoFedha?
EcoFedha is a climate-focused savings account offered by Kenya USA Diaspora SACCO (KUDS). It is designed to enable our members to save competitively while supporting climate-resilient investments in Kenya through a trusted and well-governed SACCO structure
Why EcoFedha?
EcoFedha allows members to
Save while contributing to climate-resilient development back home
Support environmentally responsible investments through the SACCO
Earn competitive interest on savings
Benefit from transparency and strong governance
Who is EcoFedha for?
Active KUDS members in good standing
Primarily diaspora members during
the pilot phase
Indicative Product Features
Key Features
- Dedicated climate savings account
- Flexible deposits
- Competitive interest -5% (market benchmark up to 9%)
- (subject to SACCO approval)
- Use of funds limited to approved climate-resilient investments
Use of Funds
Savings mobilised through EcoFedha are applied to approved climate-resilient investments, including
Renewable energy solutions
Climate-smart agriculture
Water efficiency and conservation initiatives
Other environmentally responsible projects
approved by the SACCO
Safeguards and Governance
Strong member verification and source-of-funds checks
Oversight through SACCO governance structures
Dedicated tracking of EcoFedha deposits
Periodic updates to members on use of funds
Getting Started
Members will be guided through the EcoFedha process through SACCO customer service channels and scheduled education sessions