Top 10 Saccos in Kenya for Savings and Investments

Discover the best Saccos in Kenya that offer enticing savings and investment opportunities. We delve into these member-centric institutions' standout features, operations, and benefits.

Jun 11, 2023 - 07:54
Jun 11, 2023 - 07:58
Top 10 Saccos in Kenya for Savings and Investments
Top 10 Saccos in Kenya for Savings and Investments

Investing in a Savings and Credit Co-operative Society (SACCO) can be a powerful financial decision. It presents various benefits, including enticing dividend rates, affordable credit, and a sense of belonging as a co-owner of the financial institution. However, not all SACCOs are created equal. Some are more robust, offer superior services, and yield better returns than others. This article will guide you in choosing the best SACCOs in Kenya for your savings and investment needs.

The Role of SASRA in SACCO Regulation

Before we dive into the details, it's vital to understand the regulatory environment in which SACCOs operate. The Sacco Societies Regulatory Authority (SASRA), a government entity, supervises SACCOs in Kenya. Any credible SACCO should have SASRA's stamp of approval, making this a crucial factor when assessing the viability of your prospective investment.

Unveiling the Top SACCOs in Kenya for Savings and Investments

In no particular order, we present the top 10 SACCOs in Kenya that have distinguished themselves through excellent member services, impressive growth, and consistency in delivering returns.

1. Unaitas SACCO

Founded 1993 in Murang'a County, Unaitas SACCO has grown tremendously, extending its reach to various parts of the country. The SACCO, renowned for aiding business investments, offers loans up to three times the member's savings with flexible repayment periods of up to 72 months.

2. Kenya Police SACCO

Initially serving the Kenya Police Force since 1972, this SACCO now opens its doors to all Kenyans. It stands out for excellent member service, providing loans up to three times the savings of its members.

3. Stima SACCO

Established in 1974, Stima SACCO is recognized for its emphasis on land investments. It offers loans up to two times the member's savings with a convenient repayment period of 60 months.

4. K-Unity SACCO

This SACCO, primarily operating in Nairobi and Kiambu regions since 1974, is renowned for fostering small business growth. It provides loans up to four times the member's savings.

5. Waumini SACCO

Founded by the Catholic Church, Waumini SACCO offers loans up to three times the member's savings, making it a viable option for short-term projects.

6. Maisha Bora SACCO

Established by Unilever employees in 1974, Maisha Bora SACCO is open to all, offering loans up to three times the member's savings with a maximum repayment period of six years.

7. Hazina SACCO

This SACCO caters mainly to government and private sector employees, offering loans up to 3.5 times the member's savings with an extendable repayment period of 72 months.

8. Wanandege SACCO

Founded in 1977 for airline and aviation staff, this SACCO offers loans up to three times the member's savings, with a maximum repayment period of four years.

9. Harambee SACCO

Since its humble beginnings in 1970, Harambee SACCO has grown into a national entity, serving all Kenyans regardless of occupation. It offers loans up to four times the member's savings with a repayment period of 60 months.

10. Mwalimu National SACCO

The largest African SACCO based on asset base, Mwalimu National SACCO, was established by teachers in 1974. It offers loans up to three times a member's savings, with repayment periods extending to 72 months.

Making the Right Choice

Selecting the right SACCO to invest in requires a comprehensive understanding of the entity's operations, dividends rate, loan options, repayment terms, and member services. Consider your financial goals and consult with financial advisors to make an informed decision.


SACCO Name Head Office Contact Number
Stima Sacco Stima Sacco Plaza, Mushembi Road, Parklands +254 703 024 000
Mhasibu Sacco Absa Plaza, 8th Floor, Market Street +254 020 5141900
Waumini Sacco Ngong Road, Applewood Adams Building 0709 052000
Kimisitu Sacco AEA Plaza, Valley Road +254 709 136 000
Safaricom Sacco Westlands Safaricom Care Centre, First Floor +254 0111 222 226
Gusii Mwalimu Sacco Gusii Mwalimu Complex, 1st Floor 058 – 2030357
Metropolitan National Sacco Ltd Ground Floor, Chai House, Koinange Street +254 709 641 000
Sheria Sacco Matumbato Close, Upperhill +254 20 780 1500
Kenya National Police DT Sacco Ngara Road, off Muranga Road 0709 825 000
Mwalimu Sacco Mwalimu Towers, Hill Lane, Off-Mara Road +254 709 898 000
Harambee Sacco Harambee Coop Plaza, Haile Selassie Avenue +254 709 943 000
Unaitas Sacco Cardinal Otunga Plaza, Cardinal Otunga Road +254721244139
Hazina Sacco Kibera Road, Off Ngong Road 020-2719098
Kenya Bankers Sacco Nairobi - 3rd Ngong Avenue, off Ngong Road +254205146500
United Nations Sacco Society United Nations Complex, UN Avenue +254 20 512 2700

READ ALSO:  Top 100 SACCOS in Kenya: A Comprehensive Guide to the Best Savings and Credit Cooperatives


If done right, investing in a SACCO can be an excellent route to financial prosperity. The top SACCOs in Kenya offer various benefits, including high dividend rates and affordable credit facilities. With careful research and due diligence, you can find a SACCO that aligns with your savings and investment needs.

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Joseph Richard Joseph is a graduate of Mathematics and Computer Science (Applied Option). With expertise in Technology and Finance, he brings his knowledge to the field, demonstrating an authoritative understanding of these interrelated areas. Joseph is pursuing a Master's in Software Engineering, further expanding his skill set.