Savings and Credit Cooperative Organizations (SACCOs) in Kenya provide a vital platform for individuals to save, access affordable credit, and invest in a wide range of financial opportunities. SACCOs unite people with similar financial needs and objectives, offering them the chance to grow together economically. Here is a detailed list of the best-performing and well-managed SACCOs in Kenya for 2025:
1. Stima Sacco
- Overview: A nationwide deposit-taking SACCO with an asset base of Kshs. 53.78 billion.
- Products: Development loans, asset financing, biashara loans, and mortgages.
- Eligibility: Open to all members.
- Branches: Nairobi, Kisumu, Eldoret, Nakuru, Embu, and Mombasa.
2. Mwalimu National Sacco
- Overview: The largest SACCO in Africa, primarily serving Kenyan teachers.
- Products: Business loans, welfare services, BOSA, and FOSA products.
- Eligibility: Teachers, TSC employees, and SACCO staff.
- Asset Base: Kshs. 64.06 billion.
3. Nyati Sacco
- Overview: Known for its impressive dividend payout rate of 21% on share capital.
- Products: Savings, loans, and investment options.
- Special Feature: The highest dividend-paying SACCO in Kenya.
4. Amica Sacco
- Overview: A Tier 1 SACCO with an asset base of Kshs. 6.45 billion.
- Products: Loans at ten times savings, mobile banking, agency services, Visa Card, and money transfer services.
- Branches: Over 18 branches in Nairobi, Kiambu, and Murang’a counties.
- Contact: 0729 333 444 | www.amicacs.co.ke
5. Afya Sacco
- Overview: A member-driven deposit-taking SACCO with an asset base of Kshs. 20.94 billion.
- Products: Savings and loans tailored to meet members’ needs.
6. Ports Sacco
- Overview: A Tier 1 SACCO with diverse membership, including salaried individuals, investment groups, and businesses.
- Special Feature: A dividend payout rate of 20%.
- Eligibility: Open to salaried and non-salaried members, including diaspora members.
7. Trans Nation Sacco
- Overview: A SASRA-compliant SACCO with a large membership.
- Products: Savings, loans, and investment services.
- Branches: Headquartered in Chuka Town with a nationwide presence.
8. Harambee Sacco Society
- Overview: A SACCO primarily serving government and private-sector employees.
- Asset Base: Kshs. 37.01 billion.
- Eligibility: National and county government workers, KDF personnel, police officers, and private-sector employees.
9. Magadi Sacco
- Overview: A SASRA-compliant SACCO with a dividend payout rate of 20%.
- Products: BOSA and FOSA products.
- Eligibility: Open to all.
10. Hazina Sacco
- Overview: A nationwide SACCO with an asset base of Kshs. 12.76 billion.
- Products: High-interest savings and loans.
- Eligibility: Employees from government institutions, parastatals, and private organizations.
11. Sheria Sacco
- Overview: Established in 1972, Sheria SACCO has over 10,000 members.
- Special Feature: A dividend payout rate of 16%.
- Eligibility: Judiciary staff, government ministries, and individuals above 18 with an income.
12. Kenya Police Sacco
- Overview: Founded in 1973 to support police officers and civil servants.
- Asset Base: Kshs. 48.98 billion.
- Membership: Includes serving and retired police officers, civil servants, and corporate employees.
13. Unaitas Sacco
- Overview: A deposit-taking SACCO licensed under the SACCO Societies Act, 2012.
- Products: Development loans, biashara loans, project loans, and quick fixes.
- Asset Base: Kshs. 20.40 billion.
14. Imarisha Sacco
- Overview: Known for exceptional customer service and technological innovations.
- Asset Base: Kshs. 19.82 billion.
- Branches: 14 units across Kenya.
15. Tower Sacco
- Overview: One of Kenya’s largest SACCOs with over 250,000 members.
- Asset Base: Kshs. 19.57 billion.
- Products: Loans, savings accounts, and investment options.
16. Ukulima Sacco
- Overview: A leading deposit-taking SACCO with an asset base of Kshs. 14.66 billion.
- Products: Lending, savings, and investment services across its branches.
17. Invest & Grow Sacco (IG Sacco)
- Overview: A high-performing SACCO with an asset base of Kshs. 12.96 billion.
- Special Feature: A dividend payout rate of 17% on share capital.
18. Ollin Sacco
- Overview: Headquartered in Kerugoya, Ollin SACCO provides affordable financial services.
- Special Feature: A dividend payout rate of 17.5%.
19. Bandari Sacco
- Overview: A SACCO with over 18,000 members and an asset base of Kshs. 12.01 billion.
- Products: Affordable credit and savings options.
20. Mafanikio Sacco
- Overview: Known for its strong capital base and high-quality financial services.
- Special Feature: A dividend payout rate of 18%, making it one of the highest dividend-paying SACCOs in Kenya.
Conclusion
Joining a SACCO in Kenya offers numerous financial benefits, including access to affordable loans, higher returns on savings, and a strong support network for financial growth. Whether you’re looking for high dividend payouts, excellent customer service, or a SACCO tailored to specific professional groups, this list provides the best options in Kenya for 2025. Choose wisely and start your journey to financial empowerment!
