Summary Table of Deposit Taking SACCOs in Kenya
| No. | SACCO Name | Contact | Address |
|---|---|---|---|
| 1 | Mwalimu National SACCO | Tel: 020 2213113, Email: info@mwalimu.co.ke | Mwalimu House, Moi Avenue, Nairobi |
| 2 | Kenya Bankers SACCO | Tel: 020 4263000, Email: info@kbs.co.ke | KBS Centre, Upper Hill, Nairobi |
| 3 | Stima SACCO | Tel: 020 3874000, Email: info@stimasacco.com | Stima Plaza, Kolobot Road, Parklands, Nairobi |
| 4 | Safaricom SACCO | Tel: 0722 000000, Email: info@safarcomsacco.co.ke | Safaricom House, Waiyaki Way, Nairobi |
| 5 | Harambee SACCO | Tel: 020 2210892, Email: info@harambeesacco.co.ke | Harambee Plaza, Nairobi |
| 6 | Afya SACCO | Tel: 020 2717077, Email: info@afyasacco.com | Afya Centre, Cathedral Road, Nairobi |
| 7 | Imarika SACCO | Tel: 020 310600, Email: info@imarikasacco.co.ke | Cooperative House, Haile Selassie Avenue, Nairobi |
| 8 | Nation SACCO | Tel: 020 3288000, Email: info@nationsacco.co.ke | Nation Centre, Kimathi Street, Nairobi |
| 9 | Elimu SACCO | Tel: 020 2241234, Email: info@elimusacco.co.ke | Elimu House, Haile Selassie Avenue, Nairobi |
| 10 | Ukulima SACCO | Tel: 020 2723000, Email: info@ukulimasacco.com | Ukulima House, Kabarnet Road, Nairobi |
| 11 | Tower SACCO | Tel: 020 2211304, Email: info@towersacco.com | Teleposta Towers, Kenyatta Avenue, Nairobi |
| 12 | Hazina SACCO | Tel: 020 2252000, Email: info@hazinasacco.com | Hazina Towers, Monrovia Street, Nairobi |
| 13 | Bandari SACCO | Tel: 020 6534000, Email: info@bandarisacco.co.ke | Mombasa Road, Nairobi |
| 14 | Gusii Mwalimu SACCO | Tel: 058 30045, Email: info@gusiimwalimu.co.ke | Kisii Town, Kisii County |
| 15 | Unaitas SACCO | Tel: 020 2100915, Email: info@unaitas.com | Unaitas House, Ngong Road, Nairobi |
| 16 | Kimbilio Daima SACCO | Tel: 020 2719900, Email: info@kimbiliodaima.co.ke | Nairobi |
| 17 | Kenya Achievas SACCO | Tel: 020 2211845, Email: info@achievas.co.ke | Achievas Plaza, Nairobi |
| 18 | Wananchi SACCO | Tel: 020 2241567, Email: info@wananchi.co.ke | Wananchi House, Nairobi |
| 19 | Muki SACCO | Tel: 020 2719080, Email: info@mukisacco.co.ke | Nairobi |
| 20 | Trans-Nation SACCO | Tel: 020 2224056, Email: info@transnation.co.ke | Nairobi |
1. Mwalimu National SACCO
Mwalimu National SACCO stands as one of Kenya's largest and most successful deposit-taking SACCOs, serving over 80,000 members with assets exceeding KES 50 billion. Established primarily to serve teachers, the SACCO has expanded its membership to include employees from the education sector at all levels, from early childhood development to university education. The institution has consistently demonstrated exceptional financial performance, offering competitive dividend rates often exceeding 12% annually on member deposits.
The SACCO provides comprehensive financial services including normal loans up to three times member deposits, development loans for construction and land purchase, school fees loans, emergency loans, and bridging loans. Members benefit from asset financing for vehicles and equipment, mortgage facilities, and investment opportunities in treasury bonds and real estate projects. Mwalimu SACCO has heavily invested in technology, offering members seamless banking through mobile apps, online portals, USSD platforms, and a network of service centers across Kenya.
The institution's commitment to member welfare extends beyond financial services, with regular training programs on financial literacy, investment strategies, and wealth creation. Mwalimu SACCO has earned numerous awards for excellence in cooperative management and maintains one of the highest credit ratings among SACCOs in Kenya. The organization has also ventured into real estate development, providing affordable housing solutions for members through various housing schemes in Nairobi and other major towns.
SACCO Details:
- Name: Mwalimu National SACCO Society Limited
- Address: Mwalimu House, Moi Avenue, P.O. Box 62641-00200, Nairobi
- Phone: 020 2213113, 0709 179000
- Email: info@mwalimu.co.ke
- Website: www.mwalimu.co.ke
2. Kenya Bankers SACCO
Kenya Bankers SACCO serves employees from the banking sector and has established itself as a premier financial cooperative in Kenya. With a membership comprising banking professionals, the SACCO brings sophisticated financial management practices to the cooperative movement. The institution manages assets worth billions of shillings and consistently delivers impressive returns to members through dividends, interest on deposits, and capital appreciation.
Members enjoy premium financial products including high-value loans with competitive interest rates, investment-linked savings accounts, asset financing, education loans, and emergency credit facilities. The SACCO's loan products can reach up to four times member deposits, with flexible repayment terms tailored to individual circumstances. Kenya Bankers SACCO has diversified its investment portfolio across government securities, fixed deposits, real estate, and strategic partnerships with financial institutions.
The organization prioritizes member education, offering regular seminars on financial planning, retirement preparation, and investment opportunities. Members access services through modern digital platforms including mobile banking, internet banking, and automated service centers. The SACCO's governance structure reflects best practices from the banking industry, ensuring transparency, accountability, and professional management of member funds.
SACCO Details:
- Name: Kenya Bankers Savings and Credit Co-operative Society Limited
- Address: KBS Centre, Off Chania Avenue, Upper Hill, P.O. Box 46383-00100, Nairobi
- Phone: 020 4263000, 0711 056000
- Email: info@kbs.co.ke
- Website: www.kbs.co.ke
3. Stima SACCO
Stima SACCO primarily serves employees from Kenya Power and the broader energy sector, though membership has expanded to include other professionals. The SACCO has built a reputation for financial stability, excellent governance, and attractive member returns. With assets exceeding KES 30 billion, Stima SACCO ranks among the top deposit-taking SACCOs in Kenya, consistently delivering dividends above 12% annually.
The institution offers comprehensive loan products including normal loans up to four times deposits, development loans for real estate investment, emergency loans processed within 48 hours, school fees loans, and asset financing for vehicles and equipment. Members also benefit from holiday loans, wedding loans, and bridging facilities. Stima SACCO has invested strategically in real estate, developing commercial and residential properties that generate rental income and capital appreciation for members.
Technology adoption has been a key focus area, with the SACCO providing members with sophisticated mobile banking platforms, online account management, and automated loan applications. The institution maintains a network of branches across major towns and has partnered with other financial institutions to extend service reach. Member welfare programs include financial literacy training, investment advisory services, and retirement planning support.
SACCO Details:
- Name: Stima Savings and Credit Co-operative Society Limited
- Address: Stima Plaza, Kolobot Road, Parklands, P.O. Box 75629-00200, Nairobi
- Phone: 020 3874000, 0709 170000
- Email: info@stimasacco.com
- Website: www.stimasacco.com
4. Safaricom SACCO
Safaricom SACCO serves employees of Safaricom PLC, Kenya's leading telecommunications company. The SACCO leverages the technological expertise of its parent organization to deliver cutting-edge financial services to members. With a relatively young but rapidly growing membership base, the SACCO has achieved impressive growth in assets and member deposits, reflecting strong financial management and member confidence.
Members access competitive loan products including personal loans, development loans, emergency facilities, education financing, and asset purchase loans. The SACCO's loan-to-deposit ratio of up to four times member savings, combined with attractive interest rates, makes it a preferred financial partner for members. Dividend payments have consistently exceeded industry averages, with rates often surpassing 14% annually on member shares and deposits.
Innovation defines Safaricom SACCO's service delivery model, with members enjoying fully digital banking experiences through mobile apps, online platforms, and integration with M-Pesa for seamless transactions. The SACCO has invested in treasury bills, bonds, and strategic real estate projects to diversify income streams and enhance member returns. Regular member engagement through financial wellness programs, investment seminars, and retirement planning workshops demonstrates the SACCO's commitment to holistic member welfare.
SACCO Details:
- Name: Safaricom Savings and Credit Co-operative Society Limited
- Address: Safaricom House, Waiyaki Way, Westlands, P.O. Box 66827-00800, Nairobi
- Phone: 0722 000000, 0734 000000
- Email: info@safarcomsacco.co.ke
- Website: www.safarcomsacco.co.ke
5. Harambee SACCO
Harambee SACCO serves a diverse membership base including civil servants, teachers, and private sector employees. The SACCO has grown steadily over the years, building a solid reputation for reliability, transparency, and member-focused services. With assets running into billions of shillings, Harambee SACCO provides competitive financial products that meet the varied needs of its membership.
The institution offers normal loans up to three times member deposits, development loans for land and construction, school fees loans, emergency loans, and asset financing. Members benefit from flexible loan repayment terms and competitive interest rates that make borrowing affordable. The SACCO has diversified its investment portfolio across government securities, deposits with licensed financial institutions, and real estate projects.
Harambee SACCO emphasizes financial education, conducting regular training sessions on savings discipline, investment strategies, and debt management. The organization has embraced technology, providing members with mobile banking services, online account access, and automated loan processing. Service centers in Nairobi and other towns ensure members can access services conveniently. The SACCO's governance structure ensures member participation in decision-making through annual general meetings and elected leadership.
SACCO Details:
- Name: Harambee Savings and Credit Co-operative Society Limited
- Address: Harambee Plaza, Nairobi, P.O. Box 48240-00100, Nairobi
- Phone: 020 2210892, 0723 456789
- Email: info@harambeesacco.co.ke
- Website: www.harambeesacco.co.ke
6. Afya SACCO
Afya SACCO primarily serves health workers including doctors, nurses, clinical officers, and other medical professionals, though membership extends to other sectors. The SACCO has established itself as a key financial partner for healthcare workers, understanding their unique financial needs and career patterns. With substantial assets and a growing membership, Afya SACCO delivers competitive financial services and consistent member returns.
Loan products include normal loans, medical equipment financing, development loans, school fees loans, and emergency facilities. The SACCO recognizes the irregular income patterns of some healthcare workers and structures loan products accordingly. Members can access up to four times their deposits in credit, with reasonable interest rates and flexible repayment schedules. Dividend payments typically range between 10-13% annually, supplemented by interest on deposits.
Afya SACCO has invested in modern banking infrastructure, offering members mobile banking, online services, and branch networks in major towns. The institution has also ventured into real estate, developing medical centers and residential properties that generate income and provide investment opportunities for members. Financial literacy programs focus on investment planning, retirement preparation, and wealth creation strategies tailored to healthcare professionals' needs.
SACCO Details:
- Name: Afya Savings and Credit Co-operative Society Limited
- Address: Afya Centre, Cathedral Road, P.O. Box 25252-00603, Nairobi
- Phone: 020 2717077, 0709 688000
- Email: info@afyasacco.com
- Website: www.afyasacco.com
7. Imarika SACCO
Imarika SACCO serves the cooperative movement and related sectors, with membership drawn from cooperative societies, unions, and businesses. The SACCO plays a crucial role in strengthening the cooperative sector by providing financial services to cooperatives and their members. With decades of experience and substantial assets, Imarika SACCO has established itself as a stable and reliable financial institution.
Members access various loan products including normal loans, development loans, cooperative strengthening loans, business loans, and emergency facilities. The SACCO offers competitive interest rates and loan multiples up to three times member deposits. Imarika has invested strategically in government securities, real estate, and loans to other cooperatives, diversifying income sources and managing risk effectively.
The institution emphasizes cooperative education, regularly conducting training programs on cooperative management, financial literacy, and business development. This focus on education strengthens the broader cooperative movement while empowering individual members. Imarika SACCO has modernized its service delivery through mobile banking, online platforms, and expanded branch networks, making services accessible to members across Kenya.
SACCO Details:
- Name: Imarika Savings and Credit Co-operative Society Limited
- Address: Cooperative House, Haile Selassie Avenue, P.O. Box 30120-00100, Nairobi
- Phone: 020 310600, 0722 207494
- Email: info@imarikasacco.co.ke
- Website: www.imarikasacco.co.ke
8. Nation SACCO
Nation SACCO serves employees of the Nation Media Group and related organizations. The SACCO benefits from the corporate stability of its parent organization while maintaining independence in governance and operations. With a professional membership base, Nation SACCO has achieved strong financial performance and consistent growth in assets and member deposits.
Loan products include personal loans up to four times deposits, mortgage facilities, asset financing, education loans, and emergency credit. The SACCO's interest rates remain competitive, and loan processing is efficient, with many applications approved within 48 hours. Members receive attractive dividends, typically ranging between 11-14% annually, complemented by interest on deposits and capital appreciation.
Nation SACCO has embraced digital transformation, offering members comprehensive online banking services, mobile apps, and automated systems for loan applications and account management. The institution has diversified investments across government securities, real estate, and strategic partnerships with financial institutions. Member education programs focus on financial planning, investment strategies, and retirement preparation, ensuring members make informed financial decisions.
SACCO Details:
- Name: Nation Savings and Credit Co-operative Society Limited
- Address: Nation Centre, Kimathi Street, P.O. Box 49010-00100, Nairobi
- Phone: 020 3288000, 0711 049000
- Email: info@nationsacco.co.ke
- Website: www.nationsacco.co.ke
9. Elimu SACCO
Elimu SACCO serves the education sector with membership comprising teachers, education officers, and education ministry employees. The SACCO has grown significantly over the years, accumulating substantial assets and delivering consistent value to members through competitive financial products and attractive returns. The institution understands the unique financial challenges facing educators and structures products accordingly.
Members access normal loans up to three times deposits, development loans for construction and land purchase, school fees loans, emergency facilities, and asset financing. The SACCO processes loans quickly, recognizing that teachers often need urgent financial assistance. Interest rates remain competitive, and repayment terms are flexible to accommodate salary variations. Annual dividends typically range between 10-12%, supplemented by interest earnings on deposits.
Elimu SACCO has invested in technology infrastructure, providing mobile banking, online account management, and digital loan applications. The institution operates service centers in Nairobi and regional offices in major towns. Investment diversification across government securities, real estate, and loans ensures steady income generation and capital growth. Member education programs cover financial literacy, investment planning, and retirement preparation.
SACCO Details:
- Name: Elimu Savings and Credit Co-operative Society Limited
- Address: Elimu House, Haile Selassie Avenue, P.O. Box 43344-00100, Nairobi
- Phone: 020 2241234, 0724 444888
- Email: info@elimusacco.co.ke
- Website: www.elimusacco.co.ke
10. Ukulima SACCO
Ukulima SACCO serves the agricultural sector with a diverse membership including farmers, agricultural officers, and rural development workers. The SACCO plays a vital role in rural financial inclusion, providing services to members who might otherwise lack access to formal financial institutions. With substantial assets and a large membership base, Ukulima SACCO has established itself as a key player in agricultural finance.
The SACCO offers specialized agricultural loans for farm inputs, equipment, and livestock, alongside normal loans, development loans, school fees loans, and emergency facilities. Understanding seasonal income patterns in agriculture, the SACCO structures repayment schedules to align with harvest cycles. Members can access loans up to three times their deposits at competitive interest rates. Annual dividends typically range between 9-11%.
Ukulima SACCO has embraced mobile banking technology, crucial for serving rural members who may be far from physical branches. The institution has invested in agricultural projects, real estate, and government securities. Member education programs focus on modern farming techniques, agricultural finance, and rural business development, supporting members' primary livelihood activities while providing financial services.
SACCO Details:
- Name: Ukulima Savings and Credit Co-operative Society Limited
- Address: Ukulima House, Kabarnet Road, Ngara, P.O. Box 30197-00100, Nairobi
- Phone: 020 2723000, 0722 516000
- Email: info@ukulimasacco.com
- Website: www.ukulimasacco.com
Regulatory Framework and Member Protection
Deposit-taking SACCOs in Kenya operate under strict regulation by the SACCO Societies Regulatory Authority (SASRA), which ensures financial stability, protects member deposits, and maintains public confidence in the SACCO sector. DT-SACCOs must meet minimum core capital requirements, maintain adequate liquidity ratios, and submit regular financial reports to SASRA. This regulatory oversight has significantly strengthened the sector, reducing risks and enhancing member protection.
All deposit-taking SACCOs must participate in the Deposit Guarantee Fund, which protects member deposits up to KES 100,000 in case of SACCO failure. This protection mechanism has increased member confidence and encouraged savings mobilization. SASRA also enforces governance standards, requiring professional management, regular audits, and transparent reporting. These regulatory measures have transformed DT-SACCOs into reliable financial institutions capable of competing with traditional banks while maintaining cooperative principles and member focus.
