Best 5 Saccos Fall 2016
2016
The Sacco industry is part of the cooperative sector in Kenya, which has impacted on lives of many disadvantaged Kenyans over the years. Saccos in Kenya may be categorized into financial and non-financial cooperatives.
What is a SACCO?
SACCO stands for Savings and Credit Cooperative which is a special type of co-operative offering financial services with major focus on mobilization of funds and provision of affordable credit to its members who are both the owners and users.
1. Best Loan offerings
Mwalimu National
A world class co-operative financial institution. To mobilize savings and provide financial services to our customers at competitive terms.
What is a SACCO?
SACCO stands for Savings and Credit Cooperative which is a special type of co-operative offering financial services with major focus on mobilization of funds and provision of affordable credit to its members who are both the owners and users.
1. Best Loan offerings
Mwalimu National
A world class co-operative financial institution. To mobilize savings and provide financial services to our customers at competitive terms.
2. Best for Insurance products
Unaitas is You and Me. It’s where we started, and a relationship we forever want to grow. Unaitas was registered as a Savings and Credit cooperative Society known as Murang’a Tea Growers.
3. Best for mobile banking (MPESA)
Imarisha Sacco Society Ltd (formerly Kipsigis Teachers Sacco Society Ltd) is one of Kenya’s leading savings and credit cooperatives offering financial services to its members. The Sacco was first registered in 1978 as a teachers’ Sacco but has since opened its doors to all professionals and entrepreneurs from all walks of life.
4. Best for Microlending
Biashara SACCO Society Ltd was registered on 31st December, 1990, by the Ministry of Co-operative Development and Marketing under the Co-operative Societies Act, Cap 490. It was registered after the far sighted vision of the members of the Kenya Natural Chamber of Commerce and Industry (KNCCI), Nyeri Branch.
5. Best for Availability of ATM Locations
Ollin Sacco society Ltd was registered on 14th June 1976 by the name Muhigia Sacco Society Ltd. It had a membership of 163 on inception but the membership currently stands at over 10000.