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  • Thursday, 18 August 2022
Top Saccos in Kenya for savings and investment in 2022

Top Saccos in Kenya for savings and investment in 2022

In Kenya, SACCOs are popular due to the low-interest rates they charge on loans to their members compared to other financial institutions such as banks, with most allowing you to borrow up to three or four times your savings.

While the purpose of SACCOs is to mobilize its members’ funds and grant credit for the members’ personal or group development, SACCOs are a great and flexible credit option. In addition to them cultivating a culture of savings and formalizing the idea of saving groups commonly referred to as chamas: a SACCO is one of the best ways to invest your money.

The big question is, what can one SACCO join?

Here’s a list of Top Saccos in Kenya for savings and investment in 2022 :

  • Tai Sacco Society Ltd

Registered in 1992 as a Bosa activity under the name Kiambu Tea Growers Sacco. In January 1999, Tai Sacco society limited comes highly recommended as the Best Sacco in Kenya having been voted under the Best Managed Saccos in Kenya category with over 28 years of operation.

Kiambu Tea Growers Society Limited later renamed Tai Sacco Society Limited in 2009. This re-branding was required by the continual expansion of their consumer base, necessitating the need for a more comprehensive identity.


The Sacco is an industry leader with tailored loan and saving products for both personal, groups or businesses available to their members with ease of access from their 9 branches spread across the country or through Mobile and WhatsApp banking for quick transactions.

  • Stima Sacco

Founded in 1974, Stima Sacco currently boasts of nine branches in Nairobi (Parklands), Mombasa, Kisumu, Nakuru, Olkaria, Eldoret, Nairobi CBD, Embu and Kawi Centre (South C).  In April 2003, the Sacco introduced the Front Office Service Activity (FOSA) to resolve the banking needs of its members.

  • Safaricom Sacco

Formed in 2001 with just 222 members, the Sacco today boasts of more than 12,000 members pooled from Safaricom Ltd. The Sacco was built with a strategic objective is to inculcate a savings culture among its members and provide them with the opportunity to access loan products to develop and improve their economic and social status.

  • Harambee Sacco

Harambee Sacco has two major Divisions/Departments:  a Back Office Sacco Activities (BOSA) and a Front Office Savings Activities (FOSA) Harambee Sacco is today a multi-billion shilling institution, with over 8000 members.

  • Police Sacco

The Kenya Police SACCO Limited was registered on 20th November 1972 with a membership of 690 and has since grown to over 63,000 members.

Apart from these Saccos highlighted, you can also consider:

  • Hazina SACCO
  • Kimisitu Sacco
  • Mhasibu Sacco
  • Ardhi Sacco
  • Sheria Sacco

So should you join a SACCO? These are just a few Top Saccos in Kenya for savings and investment in 2022


DISCLOSURE: The information provided here is genuine. Any action taken based on this information is at your own responsibility and risk.


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