Best Saccos in Kenya: Invest With a People Who Know the Field Well


Best Saccos in Kenya have the following factors in common: they are registered under the Co-operative Society’s Act Cap 490 of the Laws of Kenya; they have existed for at least 15 years; they have low interest rates on loans and they have savings and credit as their basic services. All legitimate Saccos should also be registered with SASRA (Sacco Societies Regulatory Authority).

A good number of Kenyans have in the past fallen in the wrong hands, but this should never be the measure to use on all Saccos. Even on other issues and in all other fields, con artists do exist. The only thing required is for the potential user/buyer to have the knowledge required. With the right information, it is hard for one to be conned or to join an institution whose future is only a year long or even shorter.

This article would like to bring to your attention the best 10 Saccos in Kenya so as to help you make an informed decision. A Sacco membership is something that every Kenyan needs for growth. However, lack of this knowledge makes most people live and die paupers while the opportunities to make something out of their lives passed them by without them knowing.

See the best Saccos in Kenya listed below:

Tai Sacco Society Limited

Tai Sacco offers their members diverse products such that you will have them come through for you regardless of your field or need. They have an experience of close to 30 years in the finance business and have served over 62,000 clients. They have 9 branches currently and have automated their processes highly such that one can serve themselves right from where they are.


Although there have been rumours that Unaitas will soon be converting into a full-fledged bank, the law currently knows it as a Sacco. It is actually one of the strongest, having helped several small investors grow their businesses immensely. Unaitas offers their loans at an interest rate of between 1 and 1.5% per month with a repayment period of up to 72 months.

Stima Sacco

Stima Sacco has an open membership to all. They have been in existence since 1974 growing with time. They offer their loans at an interest rate of 1% per month in reducing balance and one is at liberty to repay in 60 months.

Amref Sacco

Amref Sacco was registered in 1983 by some Amref staff. It later was opened for other members who join on referral terms. One must be an employee of an organization to join Amref and you must be referred by an existing member of the Sacco. The Sacco has today grown into a national cooperative with members cutting across diverse fields.

K-Unity Sacco

The Sacco provides savings and credit services, property management, and interestingly, an insurance agency – Mapa Insurance Agency which has been in operation for 20 years. Their membership is open to all and they operate withing Kiambu and Nairobi Counties. K-Unity also offers loans on a rate of 1% per month with a repayment period of 36 months.

Kenya Police Sacco

The Sacco was initially meant for the Kenya Police staff but with time the membership was opened to all. Today, they offer members loans equivalent to three times their savings. Their interest rate is at 13.5% per annum with a repayment period of 48 months.

Mwalimu National

Mwalimu National is one of the major Saccos in Kenya only that as the name suggest, it is profession-specific. Their operations revolve around Teachers and their associates. Their aim is to develop the teacher financially and they have been so quite well.

Hazina Sacco

Hazina Sacco is known to help employees who want to make some savings with an objective of making informed investment plans later. It has been in existence since 1971 and has now grown into a deposit-taking sacco society.  They give loans at 1% per month repayable in 72 months.

The best Saccos in Kenya as had been mentioned earlier have a lot in common. Their differences are minimal and only being in one can you tell their pros and cons. I trust this article will offer you some guidance even as you choose one to join.