SACCOs (Savings and Credit Cooperative Organizations) in Kenya continue to play a pivotal role in promoting financial inclusion, savings culture, and access to affordable credit. These member-owned financial institutions are built around a shared purpose—usually uniting individuals with similar economic backgrounds for collective financial empowerment.
While there are numerous SACCOs in Kenya, not all deliver consistent value or safeguard their members’ interests effectively. To help you make an informed choice, we’ve compiled a list of the best-performing SACCOs in Kenya for 2025 based on factors like financial strength, governance, loan products, dividend payouts, and member satisfaction.
1. Amica SACCO
Founded in 1966 by coffee farmers in Murang’a, Amica has grown into a Tier One SACCO offering nationwide services. It rebranded in 2016 and now provides modern banking services such as mobile banking, Visa cards, agency banking, Pesalink, and more. Members can borrow up to 10 times their savings, with repayment terms of up to 60 months.
Standout Product: Stock Boosta Loan – ideal for business expansion.
Coverage: Nairobi, Kiambu, Murang’a
Contact: 0729 333 444 | www.amicacs.co.ke
2. Stima SACCO
A fast-growing, licensed deposit-taking SACCO with an asset base of over Ksh 53.78 billion. It offers flexible loan products including development and biashara loans, asset financing, and mortgages.
Branches: Nairobi, Kisumu, Eldoret, Nakuru, Embu, Mombasa
3. Mwalimu National SACCO
The largest teacher-based SACCO in Africa. Membership includes TSC employees and SACCO staff. Offers BOSA and FOSA services and welfare products.
Asset Base: Ksh 64.06 billion
4. Nyati SACCO
Known for offering the highest dividend rates—up to 21% on share capital. Provides various loan and savings products.
5. Afya SACCO
One of the largest member-driven SACCOs in the country. Democratically governed with a strong asset base of Ksh 20.94 billion.
6. Ports SACCO
A Tier 1 SACCO with diverse membership, including salaried individuals, business groups, and diaspora investors. Offers a 20% dividend payout on share capital.
7. Trans Nation SACCO
A SASRA-compliant SACCO with over 37,000 BOSA and 75,000 FOSA members. Offers high returns and reliable financial services.
8. Harambee SACCO
Initially for government employees, now open to both public and private sector. Has an asset base of Ksh 37.01 billion.
9. Magadi SACCO
Operational since 1977 and compliant with SACCO regulations. Provides BOSA and FOSA services with a 20% dividend payout.
10. Hazina SACCO
Nationwide SACCO with an asset base of Ksh 12.76 billion. Offers attractive interest on deposits and dividends.
11. Sheria SACCO
Established in 1972, it now has over 10,000 members, including those from the Judiciary, AG’s office, ministries, and private sector. Offers a 16% dividend rate.
12. Kenya Police SACCO
Founded in 1973 to serve police personnel. With an asset base of Ksh 48.98 billion and a loan portfolio of Ksh 26 billion, it now includes civilians and corporate employees.
13. Unaitas SACCO
Licensed under the Sacco Societies Act with a strong presence in the retail financial market. Asset base of Ksh 20.40 billion. Offers customized loan products.
14. Imarisha SACCO
Strong in tech integration and customer experience. Has 14 branches across Kenya and an asset base of Ksh 19.82 billion.
15. Tower SACCO
Boasts over 250,000 members and an asset base of Ksh 19.57 billion. Offers diverse loan and savings solutions.
16. Ukulima SACCO
Among the most reliable SACCOs with extensive branch coverage. Offers loans, investment plans, and savings options.
Asset Base: Ksh 14.66 billion
17. Invest & Grow SACCO (IG SACCO)
One of the best-managed SACCOs with an asset base of Ksh 12.96 billion and a dividend payout of 17%.
18. Ollin SACCO
Based in Kerugoya, this SACCO provides affordable financial services and maintains a dividend payout of 17.5%.
19. Bandari SACCO
With an asset base of Ksh 12.01 billion and over 18,000 members, Bandari SACCO promotes thrift and offers competitive credit services.
20. Mafanikio SACCO
A SASRA-compliant SACCO focused on financial empowerment through savings and credit facilities. Offers an 18% dividend payout on share capital.
Final Thoughts
Whether you’re a salaried employee, business owner, or part of the diaspora, these SACCOs provide excellent opportunities for saving, borrowing, and investing. Evaluate your needs, compare dividend rates, and choose a SACCO that aligns with your financial goals. Joining a well-managed SACCO could be your first step towards long-term financial growth and security.
READ MORE: Tai Sacco Kenya: Branch Network, Products, and Services Guide
