Best Saccos in Kenya

Saccos stand out from other financial institutions for several reasons. For starters, members can save money, buy shares, and take loans. Once you’ve started saving, you cannot access the savings. You can only take a loan or discontinue your membership, in which case you’ll take your savings with you. Best Saccos in Kenya

Kenya’s Savings and Credit Cooperatives (SACCO) asset base jumped to 622 billion shillings (about 5.66 billion U.S. dollars) in 2020 compared to 5.1 billion dollars in 2019 amid the COVID-19 pandemic, the sector regulator said on Wednesday.

John Munuve, chairman of Sacco Societies Regulatory Authority (SASRA) told journalists in Nairobi that the role of the sub-sector as a key mobilizer of savings and provider of credit for development, especially at the household level in Kenya has been increasing.

“Despite the shocks experienced in individual and business incomes as a result of job losses and disruptions of value chains brought about by the advent of the COVID-19 pandemic from March 2020, the SACCO sub-sector performed relatively well, with an upturn in all the key performance indicators,” Munuve said.

What is SASRA and what is its role?

SASRA stands for the SACCO Societies Regulatory Authority. lt is an organisation started by the government to ensure safety of members’ deposits in SACCOs operating FOSA. SASRA licenses and supervises the SACCOs operating FOSA. Any Sacco intending to start a FOSA must be licensed by SASRA before operations.

Who has given SASRA authority to supervise deposit-taking (FOSA) SACCOS?

SASRA was started by the government in accordance with the new SACCO law (Sacco Societies Act, 2008) to license, regulate and supervise deposit-taking (FOSA) SACCOs.

When did the new SACCO law start?

The new SACCO law (Sacco Societies act 2008) was operationalized on 26th September 2009

Can SASRA stop a SACCO from failing?

SASRA’s responsibility is to try to prevent failure by ensuring SACCOs comply with standards set in the new law to ensure they remain in operation. This is done through carrying out inspection of the SACCO both from SASRA offices and at the SACCOs to see if there are signs of possiblefailure. Saccos in Kenya

Which SACCOS should apply for licensing?

A: Any SACCO Societies with a FOSA or those planning to operate a FOSA have to apply for a license. A SACCO should obtain licenses for its head oifice and each oithe branches (FOSAs).

A SACCO license is valid for one calendar year ending 3lst December and is regardless of date of licensing. A licensed SACCO is required to apply for renewal of a license at least ninety (90) days before the expiry of a license which would be by end of September of each year.

What happens if a Sacco starts operating a FOSA without a license or does not renew its License(s)?

lf this happened SASRA would be forced to close the FOSA and charge the SAC(Os officers responsible as operating a FOSA without a license is an offence.

What happens to a Sacco that applies and does not meet licensing requirements?

Upon application for a license, SASRA shall advise each SACCO accordingly. Saccos in Kenya

I have a complaint about my SACCO. Can SASRA help me?

Yes, SASRA can assist in matters pertaining to regulatory or criminal wrong doing by the Saccos or its board ofdirectorsand staff. lfyour complaint pertains to a regulatory or criminal matter, you can submit your complaint with our office. However, the new Sacco law has not addressed issues to do with individual share refund issues, member and SACCO contractual agreements, any legal issue that involves an individual member and his/her SACCO are can be guided by the Sacco by-laws.

How do I know whether my Sacco is licensed by SASRA?

All the licensed Saccos are gazzetted in the Kenya gazette in addition, SASRA publishes all licensed SACCO societies in the leading daily newspaper every beginning of the year. This list is also available in SASRA website, www.sasra.go.ke. Finally, licensing is
such an important legal issue that the Board of your SACCO will
always inform the members through the AGM or ADM. Saccos in Kenya

Types of Registered SACCOS in Kenya

Saccos in Kenya – Diaspora Saccos in Kenya

To ensure they are felt back home, Kenyans in the diaspora have formed Saccos, through which they can invest in property and business.

Diaspora remittances are growing at a rate of 43 per cent year on year. The Diaspora Saccos intend to harness these individual small streams into a mighty river of collective power and channel them into investment projects, which can attract even higher remittances.

The Kenya USA Diaspora Sacco was launched during the 2012 Kenya Diaspora Conference — USA in Arlington, Virginia. This was the second Diaspora Sacco established after the Cooperative Development ministry registered Kenya Diaspora Sacco in April 2012.

The Sacco enables Kenyans living in the United States to access capital and fully participate in emerging markets in Kenya as Well as the opportunities in the East African Community.

The Sacco plans to launch a chapter in every state in the US to make sure every Kenyan living in the US has access to affordable credit.

Kenyans in the United Kingdom also launched a Sacco, which was the third diaspora society

Youth Saccos in Kenya

With 73 per cent of Kenya’s population under the age of 30 and 43 per cent under the age of 15, the youth factor is an important social-political and economic factor.

The cooperative movement, therefore, has in the past tried to ensure that this populace is absorbed into the sector. The 2011 World Cooperatives Day, popularly referred to as Ushirika Day, celebrations intentionally focused on the youth, under the theme Youth, the Future of Cooperative Enterprise. There is consensus that the youth have not been keen to join the movement because they consider cooperatives as clubs for elderly people.

The Ministry of Cooperatives is working closely with the youths to ensure they provide whatever is close to their hearts.

As part of the efforts, the Cooperative Insurance Company (CIC) in partnership with the Ministry, is involved in promoting the cooperative model of enterprise to the youth, with university students a key target.

A campaign dubbed I’m a Co-operator seeks to impress upon young people the importance of cooperatives as a development tool that can effectively transform lives economically and socially.

Other ventures of interest include the introduction of boda boda businesses in which youths are encouraged to form groups through to buy motorbikes for the boda boda businesses.

Cooperative Bank is targeting the youth with special packages like investing in specific items for their groups, such as motorbikes, vehicles, computers and laptops.

Yet another area of exponential growth is the ICT sector Where

Matatu Saccos in Kenya

To bring sanity to public transport, matatu and bus operators had to organize themselves into cooperatives of companies for ease of management and enforcement of discipline.

It was mandatory for all those seeking a Transport Licensing Board (TLB) certification to be members of a Sacco or belong to a company. About 1,000 matatu Saccos and 400 companies have been registered.

Matatu operators, who constitute 80 per cent of the public transport system, are estimated to have an annual turnover of Kshs73 billion.

To its credit, the sector buys Kshs4 billion insurance premiums every year and remits Kshs1 billion taxes annually.

The Matatu Saccos have played a significant role in the growth of public transport and some have now become respected brands in the sector.

The Saccos proved to be the most viable way to manage large public transport fleets. They have also been pioneers in changing the image of public transport, which was dominated by rogue drivers and touts without regard for traffic rules.

With the expected phasing out of the 14-seater vans, cooperative societies are poised to play an even bigger role in supporting the government’s initiative.

Housing Saccos in Kenya

There are currently 440 housing cooperatives (248 active) under the umbrella of Nachu. With the development of the movement, it’s a guarantee that low income earners can access affordable and decent housing.

Cooperatives have also invested in commercial buildings countrywide.

The landscape of most urban centres is covered by cooperative owned buildings such as Harambee Plaza, Afya Centre, Hazina Towers, Kuscco Centre, Cooperative Bank House, Meru Mwalimu Plaza in Meru and Ndege Chai Plaza in Kericho.

Saccos in Kenya – Education Saccos

A quarter of the nearly Kshs200 billion goes towards financing education.

Indeed, cooperatives have provided successful models to encourage savings and access affordable credit to about 95 per cent of the 278,000 teachers employed by the TSC and an equal percentage in private learning institutions. The movement has also invested in training institutions, such as the Cooperative College of Kenya.

Various cooperative societies have directly invested in institutions of higher learning, including Bartek College (Baringo Teachers Sacco), and South Imenti Sacco. Teachers Saccos are instrumental in raising living standards for the members and providing seed money for teachers to start businesses in housing, transport, agriculture and trade.

Best Investment Saccos in Kenya

1. Stima Sacco 

2. Harambee Sacco 

3. United Nations Sacco

4. Bankers Sacco 

5. Kenya Police Sacco 

6.United Women Sacco

7. Kenya Medical Association Sacco

8.Hazina Sacco Society

9. Mentor Sacco Society

10.Mwalimu National Sacco

List of all Saccos in Kenya

1. 2NK Sacco Society Limited P.O. Box 12196 – 10109, Nyeri
2. Afya Sacco Society Limited P.O. Box 11607 – 00400, Nairobi.
3. Agro-Chem Sacco Society Limited P.O. Box 94 – 40107, Muhoroni.
4. Airports Sacco Society Limited P.O. Box 19001 – 00501, Nairobi
5. All Churches Sacco Society Limited P.O. Box 2036 – 01000, Thika.
6. Amica Sacco Society Limited P.O. Box 816 – 10200, Murang’a.
7. Ardhi Sacco Society Limited P.O. Box 28782 – 00200, Nairobi.
8. Asili Sacco Society Limited P.O. Box 49064 – 00100, Nairobi.
9. Azima Sacco Society Limited P.O. Box 1124 – 01000, Thika.
10. Bandari Sacco Society Limited P.O. Box95011 – 80104, Mombasa.
11. Baraka Sacco Society Limited P.O. Box 1548 – 10101, Karatina.
12. Baraton University Sacco Society Limited P.O. Box 2500 – 30100, Eldoret.
13. Biashara Sacco Society Limited P.O. Box 1895 – 10100, Nyeri.
14. Biashara Tosha Sacco Society Limited P.O. Box 189 – 60101, Manyatta.
15. Bi-High Sacco Society Limited P.O. Box 90 – 60500, Marsabit.
16. Bingwa Sacco Society Limited P.O. Box 434 – 10300, Kerugoya.
17. Boresha Sacco Society Limited P.O. Box 80 – 20103, Eldama Ravine.
18. Capital Sacco Society Limited P.O. Box 1479 – 60200, Meru.
19. Centenary Sacco Society Limited P.O. Box 1207 – 60200, Meru.
20. Chai Sacco Society Limited P.O. Box 278 – 00200, Nairobi.
21. Chuna Sacco Society Limited P.O. Box 30197 – 00100, Nairobi.
22. Comoco Sacco Society Limited P.O. Box 3334 – 00200, Nairobi
23. Cosmopolitan Sacco Society Limited P.O. Box 1931 – 20100, Nakuru.
24. County Sacco Society Limited P.O. Box 21 – 60103, Runyenjes.
25. Daima Sacco Society Limited P.O. Box 2032 – 60100, Embu.
26. Dhabiti Sacco Society Limited P.O. Box 353 – 60600, Maua.
27. Dimkes Sacco Society Limited P.O. .Box 886 – 00900, Kiambu.
28. Dumisha Sacco Society Limited P.O. Box 84 – 20600, Mararal.
29. Eco-Pillar Sacco Society Limited P.O. Box 48 – 30600, Kapenguria
30. Egerton Sacco Society Limited P.O. Box 178 – 20115, Egerton.
31. Elimu Sacco Society Limited P.O. Box 10073 – 00100, Nairobi.
32. Enea Sacco Society Limited P.O. Box 1836 – 10101, Karatina.
33. Faridi Sacco Society Limited P.O. Box 448 – 50400, Busia.
34. Fariji Sacco Society Limited P.O. Box 589 – 00216, Githunguri.
35. Fortitude Sacco Society Limited P.O. Box 237 – 40305, Mbita.
36. Fortune Sacco Society Limited P.O. Box 559 – 10300, Kerugoya.
37. Fundilima Sacco Society Limited P.O. Box 62000 – 00200, Nairobi.
38. GDC Sacco Society Limited P.O. Box896 – 00216, Guthunguri.
39. Good Faith Sacco Society Limited P.O. Box 224 – 00222, Uplands
40. Goodway Sacco Society Limited P.O. Box 626 – 10300, Kerugoya.
41. Gusii Mwalimu Sacco Society Limited P.O. Box 1335 – 40200, Kisii.
42. Harambee Sacco Society Limited P.O. Box 47815 – 00100, Nairobi.
43. Hazina Sacco Society Limited P.O. Box 59877 – 00200, Nairobi.
44. IG Sacco Society Limited P.O. Box 1150 –50100, Kakamega.
45. Ilkisonko Sacco Society Limited P.O. Box 91 – 00209, Loitokitok.
46. Imarika Sacco Society Limited P.O. Box 712 – 80108, Kilifi.
47. Imarisha Sacco Society Limited P.O. Box 682 – 20200, Kericho.
48. Imenti Sacco Society Limited P.O. Box 3192 – 60200, Meru.
49. Jacaranda Sacco Society Limited P.O. Box 1767 – 00232, Ruiru
50. Jamii Sacco Society Limited P.O. Box 57929 – 00200, Nairobi.
51. Joinas Sacco Society Limited P.O. Box 669 – 00219, Karuri.
52. Kencream Sacco Society Limited P.O. Box 300131 – 00200, Nairobi
53. Kenpipe Sacco Society Limited P.O. Box 314 – 00507, Nairobi.
54. Kenversity Sacco Society Limited P.O. Box 10263 – 00100, Nairobi.
55. Kenya Achievas Sacco Society Limited P.O. Box 3080 – 40200, Kisii.
56. Kenya Bankers Sacco Society Limited P.O. Box 73236 – 00200, Nairobi.
57. Kenya Highlands Sacco Society Limited P.O. Box 2085 – 002000, Kericho.
58. Kenya Police Sacco Society Limited P.O. Box 51042 – 00200, Nairobi.
59. Kimbilio Daima Sacco Society Limited P.O. Box 81 – 20225, Kimulot.
60. Kingdom Sacco Society Limited P.O.Box 8017 – 00300, Nairobi.
61. Kipsigis Edis Sacco Society Limited P.O. Box 228 – 20400, Bomet.
62. Kite Sacco Society Limited P.O. Box 2073 – 40100, Kisumu.
63. Kitui Teachers Sacco Society Limited P.O. Box 254 – 90200, Kitui.
64. KMFRI Sacco Society Limited P.O. Box 80862 – 80100, Mombasa.
65. Kolenge Tea Sacco Society Limited P.O. Box 291 – 30301, Nandi Hills.
66. Koru Sacco Society Limited P.O. Box Private Bag-40100, Koru
67. K-Pillar Sacco Society Limited P.O. Box 83 – 20403, Mogogosiek.
68. K-Unity Sacco Society Limited P.O. Box 268 – 00900, Kiambu.
69. Kwetu Sacco Society Limited P.O. Box 818 – 90100, Machakos.
70. Lainisha Sacco Society Limited P.O. Box 272 – 10303, Wang’uru.
71. Lamu Teachers Sacco Society Limited P.O. Box 110 – 80500, Lamu.
72. Lengo Sacco Society Limited P.O. Box 1005 – 80200, Malindi.
73. Mafanikio Sacco Society Limited P.O. Box 86515 – 80100, Mombasa.
74. Magadi Sacco Society Limited P.O. Box 13 – 00205, Magadi.
75. Magereza Sacco Society Limited P.O. Box 53131 – 00200, Nairobi.
76. Maisha Bora Sacco Society Limited P.O. Box 30062 – 00100, Nairobi.
77. Mentor Sacco Society Limited P.O. Box 789 – 10200, Murang’a.
78. Metropolitan National Sacco Society Limited P.O. Box 871 – 00900, Kiambu.
79. MMH Sacco Society Limited P.O. Box 469 – 60600, Maua.
80. Mombasa Port Sacco Society Limited P.O. Box 95372 – 80104, Mombasa.
81. Mudete Tea Growers Sacco Society Limited P.O. Box 221 – 41053, Khayega.
82. Muki Sacco Society Limited P.O. Box 398 – 20318, North Kinangop
83. Mwalimu National Sacco Society Limited P.O. Box 62641 – 00200, Nairobi.
84. Mwietheri Sacco Society Limited P.O. Box 2445 – 60100, Embu.
85. Mwingi Mwalimu Sacco Society Limited P.O. Box 489 – 90400, Mwingi.
86. Mwito Sacco Society Limited P.O. Box 56763 – 00200, Nairobi.
87. Nacico Sacco Society Limited P.O. Box 34525 – 00100, Nairobi.
88. Nafaka Sacco Society Limited P.O. Box 30586 – 00100, Nairobi.
89. Nandi Farmers Sacco P.O. Box 333 – 30301, Nandi Hills
90. Nassefu Sacco Society Limited P.O. Box 43338 – 00100, Narobi.
91. Nation Sacco Society Limited P.O. Box 22022 – 00400, Nairobi.
92. Nawiri Sacco Society Limited P.O. Box 400 – 60100, Embu.
93. Ndege Chai Sacco Society Limited P.O. Box 857 – 20200, Kericho.
94. Ndosha Sacco Society Limited P.O. Box 532 – 60401, Chogoria
95. New Forties Sacco Society Limited P.O. Box 1939 – 10100, Nyeri.
96. Nexus Sacco Society Limited P.O. Box 251 – 60202, Nkubu.
97. Ng’arisha Sacco Society Limited P.O. Box 1199 – 50200, Bungoma.
98. Noble Sacco Society Limited P.O. Box 3466 – 30100, Eldoret.
99. NRS Sacco Society Limited P. O Box 575 – 00902, Kikuyu.
100. Nufaika Sacco Society Limited P.O. Box 735 – 10300, Kerugoya.
101. Nyala Vision Sacco Society Limited P.O. Box 27 – 20306, Ndaragwa.
102. Nyambene Arimi Sacco Society Limited P.O. Box 493 – 60600, Maua.
103. Nyamira Sacco Society Limited P.O. Box 633 – 40500, Nyamira
104. Nyati Sacco Society Limited P.O. Box 7601 – 00200, Nairobi
105. Ollin Sacco Society Limited P.O. Box 83 – 10300, Kerugoya.
106. Patnas Sacco Society Limited P.O. Box 601 – 20210, Litein.
107. Prime Time Sacco P.O. Box 512 – 30700, Iten
108. PUAN Sacco Society Limited P.O. Box 404 – 20500, Narok.
109. Qwetu Sacco Society Limited P.O. Box 1186 – 80304, Wundanyi
110. Rachuonyo Teachers Sacco Society Limited P.O. Box 147 – 40332, Kosele.
111. Safaricom Sacco Society Limited P.O. Box 66827 – 00800, Nairobi.
112. Sheria Sacco Society Limited P.O. Box 34390 – 00100, Nairobi.
113. Shirika Sacco Society Limited P.O. Box 43429 – 00100, Nairobi.
114. Shoppers Sacco Society Limited P.O. Box 16 – 00507, Nairobi
115. Simba Chai Sacco Society Limited P.O. Box 977 – 20200, Kericho.
116. Siraji Sacco Society Limited P.O. Box Private Bag, Timau.
117. Skyline Sacco Society Limited P.O. Box 660 – 20103, Eldama Ravine.
118. Smart Champions Sacco Society Limited P.O. Box 64 – 60205, Githingo
119. Smart Life Sacco Society Limited P.O. Box 118 – 30705, Kapsowar.
120. Solution Sacco Society Limited P.O. Box 1694 – 60200, Meru.
121. Sotico Sacco Society Limited P.O. Box 959 – 20406, Sotik.
122. Southern Star Sacco Society Limited P.O. Box 514 – 60400, Chuka
123. Stake Kenya Sacco Society Limited P.O. Box 208 – 40413, Kehancha.
124. Stawisha Sacco Society Limited P.O. Box 27 – 50203, Kapsokwony.
125. Stima Sacco Society Limited P.O. Box 75629 – 00100, Nairobi.
126. Supa Sacco Society Limited P.O. Box 271 – 20600, Maralal.
127. Tabasamu Sacco Society Limited P.O. Box 123 – 80403, Kwale.
128. TAI Sacco Society Limited P.O. Box 718 – 00216, Githunguri.
129. Taifa Sacco Society Limited P.O. Box 1649 – 10100, Nyeri.
130. Taqwa Sacco Society Limited P.O. Box 10180 – 00100, Nairobi
131. Taraji Sacco Society Limited P.O. Box 605 – 40600, Siaya.
132. Tembo Sacco Society Limited P.O. Box 91 – 00618, Ruaraka Nairobi.
133. Tenhos Sacco Society Limited P.O. Box 391 – 20400, Bomet.
134. Thamani Sacco Society Limited P.O. Box 467 – 60400, Chuka.
135. The Apple Sacco Society Limited P.O. Box 153 – 50305, Sirwa.
136. Times U Sacco Society Limited P.O. Box 310 – 60202, Nkubu.
137. Tower Sacco Society Limited P.O. Box 259 – 20303, Ol’kalou.
138. Trans- Elite County Sacco Society Limited P.O. Box 547 – 30300, Kapsabet.
139. Trans Nation Sacco Society Limited P.O. Box 15 – 60400, Chuka.
140. Transcounties Sacco Society Limited P.O. Box 2965 – 30200, Kitale.
141. Transnational Times Sacco Society Limited P.O. Box 2274 – 30200, Kitale
142. Ufanisi Sacco Society Limited P.O. Box 2973 – 00200, Nairobi.
143. Ukristo Na Ufanisi Wa Anglicana Sacco Society Limited P.O. Box 872 – 00605, Nairobi.
144. Ukulima Saco Society Limited P.O. Box 44071 – 00100, Nairobi.
145. Unaitas Sacco Society Limited P.O. Box 38791 – 00100, Nairobi.
146. Uni-County Sacco Society Limited P.O. Box 10132 – 20100, Nakuru
147. Unison Sacco Society Limited P.O. Box 414 – 10400, Nanyuki.
148. United Nations Sacco Society Limited P.O. Box 2210 – 00621, Nairobi.
149. Universal Traders Sacco Society Limited P.O. Box 2119 – 90100, Machakos.
150. Vihiga County Farmers Sacco Society Limited P.O. Box 309 – 50317, Chavakali.
151. Viktas Sacco Society Limited P.O. Box 2183 – 20300, Nyahururu.
152. Vision Africa Sacco Society Limited P.O. Box 18263 – 20100, Nakuru.
153. Vision Point Sacco Society Limited P.O. Box 42 – 40502, Nyansiongo.
154. Wakenya Pamoja Sacco Society Limited P.O. Box 829 – 40200, Kisii.
155. Wakulima Commercial Sacco Society Limited P.O. Box 232 – 10103, Mukurweni.
156. Wanaanga Sacco Society Limited P.O. Box 34680 – 00501, Nairobi.
157. Wananchi Sacco Society Limited P.O. Box 910 – 10106, Othaya.
158. Wanandege Sacco Society Limited P.O. Box 19074 – 00501, Nairobi.
159. Washa Sacco Society Limited P.O. Box 83256 – 80100, Mombasa.
160. Waumini Sacco Society Limited P.O. Box 66121 – 00800, Nairobi.
161. Wevarsity Sacco Society Limited P.O. Box 873 – 50100, Kakamega
162. Winas Sacco Society Limited P.O. Box 696 – 60100, Embu.
163. Yetu Sacco Society Limited P.O. Box 511 – 60202, Nkubu.
164. Africa Youth Trust Sacco
165. Afya Sacco Society Ltd
166. Asili Co-operative
167. Balozi co-operative savings & credit society
168. Balozi Sacco
169. Biashara Community Sacco
170. Biblia Sacco
171. Bingwa Sacco
172. Cabrosta Co-op savings & Credit Society Ltd
173. Central Kenya Adventist Co-Op Savings $ Credit Society
174. Chai Sacco
175. Comoco Sacco
176. Concode Sacco
177. Cuew Co-op Savings & Credit Society Ltd
178. Dhamini Co-op Savings & Credit Society Ltd
179. East African Sacco
180. Elimu Sacco
181. Elyonabi Home & Office Furniture
182. Freka Rental Sacco
183. French Cultural & Co-operation Centre
184. Gakurwe Sacco
185. Githunguri Dairy Farmers Cooperative Society
186. Githunguri Dairy Farmers Sacco
187. Harambee Sacco
188. Hazina Sacco
189. Home Co-Operative & Credit Society Ltd
190. Home Sacco
191. Horticulture Cooperative Union Ltd (Kenya)
192. International Federation Of Red Cross & Red Crescent Societies
193. Jamii Sacco
194. Jumbo Sacco
195. Kamuthi Farmers Sacco
196. Kanisa Co-Op Savings & Credit Society Ltd
197. Kanisa Sacco
198. Kencom Sacco
199. Kenpipe Sacco Society
200. Kentours Sacco
201. Kenversity Sacco
202. Kenya Bankers Sacco
203. Kenya Rural Sacco
204. Kenya Police Sacco
205. Kiambu Unity Finance Co-operative Union
206. Kiamumbi Farmers Sacco
207. Kilimani Jua Kali Sacoo
208. Kimisitu Sacco
209. Kingdom Sacco
210. Lompasago Co-op Sacco Ltd
211. Lompasango savings and credit society
212. Macobo Saving & Credit Society Ltd
213. Magereza Co-Operative Savings & Credit Society Ltd
214. Magereza Sacco
215. Maisha Bora Sacco
216. Mawasiliano Co-operative Sacco
217. Mchope Sacco
218. Mhasibu Sacco Society Ltd
219. Microcat Autoparts & Accessories
220. Mshamba Housing Co-Operative Society
221. Mshamba Sacco
222. Mwalimu Co-operative Savings Credit Society
223. Mwalimu Sacco
224. Mwito Sacco Society Ltd
225. Naccico-op savings and credit society
226. Nacico Sacco
227. Nairobi Handicraft Industrial Co-op Society Ltd
228. Naku Sacco Society
229. Nassefu Sacco
230. Nimepata Co-Operative Savings & Credit Society
231. Nimepata Sacco
232. Nyati Sacco
233. P & T Employees Housing Sacco
234. Romokia Housing Co-Operative
235. Sauti Sacco
236. Savings And Loan Ltd
237. Sawa Co-operative Savings & Credit Society
238. Sawa Sacco
239. Sheria Sacco
240. Shirika Sacco
241. Shujaa Sacco Society
242. Solid Investments Societies Ltd
243. Stima Sacco
244. St.Mary’s Transport Sacco
245. Stone Bridge Multipurpose Sacco
246. TelePost Sacco Society Ltd
247. Tembo Sacco
248. The Kenya Saving and Credit Co-op society
249. Ufundi Co-Operative Sacco
250. Ukulima Co-operative Sacco
251. Unaitas Sacco Ltd – Kenya
252. Uokoaji Savings and Credit Society Ltd
253. Uzazi Bora Sacco
254. Wanandege Sacco
255. Waumini Sacco

List of Top SACCOs In Kenya That Support Small Investors And Entrepreneurs

10.Imarika SACCO

Formely known as the Kilifi Teachers SACCO, Imarika SACCO was initially based in coast but has since expanded its reach countrywide and opened its membership to all. They offer loans of up to 2 times your savings allowing you to clear it in up to 60 months. Their interest rate on normal loan is 1.25% per month.

9.Wanandege SACCO

Originally founded by employees of Kenya’s airline industry, Wanandege seems to be soaring at an all time high with its two branches (one in Nairobi and another one in Mombasa) and a functional m-banking system. They offer 3 times the value of one’s savings with a repayment period of 48 months at an interest of 1% per month.

8.Harambee SACCO

Just as its name suggests, this SACCO aims to pool together resources for the common benefit of its members. Offering loans of up to 3 times your savings and allowing you to repay in 48 months at 1% per month, this institution can offer a solid start for any budding entrepreneur. Its membership is open to all although one has to meet the requirements of their membership policy to be enrolled.

7.Maisha Bora SACCO

Started in 1974 by a small group of Unilever Factory workers, Maisha Bora SACCO has remained one of the most stable small-holder financial institutions in Kenya. They normally give out loans on 1% per month based on reducing balance method with a repayment period of up to 72 months. You can borrow up to 3 times your savings. This SACCO is open to all.

6.Hazina SACCO

Hazina was established in 1971 and after decades of successful business operation it has now decome a deposit taking SACCO society. With over 15,000 active members, the SACCO focuses on county employees, national government employees, organized youth & women group and private sector employees with membership being open to all. They give loans of up to 3.5 times the value of your savings and allow you to repay it in 72 months on 1% per month reducing balance.

5.K-Unity Sacco

With its operations majorly centered in Nairobi and Kiambu Counties, K-Unity’s track record has been stellar since 1974 when it was formally registered. Its membership is open to all, although one has to be vetted against their membership policy prior to being admitted. They give loans of up to 4 times one’s savings allowing for a repayment period of up to 36 months at 1% per month reducing balance interest rate.

4.Waumini SACCO

This is a brain-child of the Catholic Church of Kenya and it mainly targets persons who are members of the congregation. With a country-wide reach and a solid financial foundation, this SACCO lends up to 3 times of savings allowing for a repayment period of 60 months at 12.5% per annum.

3.Stima SACCO

With five branches across the country and a thriving mobile banking system, Stima SACCO has been growing steadily since its establishment in 1974. You can borrow loans of up to 2 times your savings and repay in as much as 60 months. They charge an interest rate of 1% per month on reducing balance. Stima SACCOs membership is open to all.

2.Kenya Police SACCO

Founded in 1972 by Kenya Police staff, this SACCO boasts towering headquarter offices in Nairobi’s Ngara area with its membership exceeding 52,000. Although it was initially meant for members of our security forces, the SACCO is now open to all. They offer loans of up to 3 times your savings and allow you to repay it in 48 months. Their interest rate is 13.5% per annum on reducing balance.

1.Unaitas

Formerly Muramati SACCO, the institution which was conceptualized in Murang’a County is evidently one of the most advanced ones in Kenya. With rumors abound of its plans to convert to a fully-fledged bank, Unaitas remains the most sought-after SACCO by small investors. They offer loans of up to 3 times ones savings with a repayment period of 72 months at interest rates of between 1 – 1.5% per month on reducing balance.***Disclaimer: This list is in no particular order and should therefore not be used for ranking purposes.