Here are some of the best Saccos in Kenya, the best managed savings saccos to invest in 2025, spread across the country in all the 47 counties. They offer cheap loans as well as savings accounts, current accounts and fixed accounts. A few offer instant Mobile Loans which are disbursed through Mpesa.
How best Saccos in Kenya Operate:
- Membership: SACCOs are formed by individuals who share a common bond, such as employees of the same organization, residents of a specific community, or members of a particular association. Membership is voluntary, and individuals must meet specific eligibility criteria to join.
- Cooperative Structure: SACCOs operate on a cooperative model, which means they are owned and governed by their members. Each member has an equal say in the decision-making processes, typically through a democratic system of voting during general meetings. Members elect a board of directors and other officials to oversee the SACCO’s operations.
- Savings: One of the primary functions of a SACCO is to encourage regular savings among its members. Members deposit their savings into individual accounts, which earn interest over time. These savings help to build the financial strength of the SACCO and provide a source of funds for lending to members.
- Credit Services: best Saccos in Kenya offer various credit services to their members, including loans for personal and business purposes. The loan products and terms vary depending on the specific SACCO, but they generally aim to meet the financial needs of the members. Interest rates on SACCO loans are typically lower compared to commercial banks.
- Financial Intermediation: best Saccos in Kenya act as financial intermediaries, channeling funds from savers to borrowers within the cooperative. The savings of members are used to fund loans for other members, creating a cycle of financial support and community development.
- Financial Education and Support: best Saccos in Kenya often provide financial education and training programs to help their members improve their financial literacy and management skills. This includes topics like budgeting, saving, investment, and debt management.
List of all best Saccos in Kenya for savings and investment:
- Stima Sacco.
- Mhasibu Sacco.
- Waumini Sacco.
- Kimisitu Sacco.
- Safaricom Sacco.
- Gusii Mwalimu Sacco.
- Rise and Grow Sacco Ltd. (RG Sacco Ltd.)
- Sheria Sacco.
- Police Sacco
- FinnlemmSacco
- Kenya Bankers Sacco
- Harambee Sacco
- 2NK Sacco Society Ltd
- Acumen Sacco Society Ltd
- Afya Sacco Society Ltd
- Agro-Chem Sacco Society Ltd
- Airports Sacco Society Ltd
- Ainabkoi Sacco Society Ltd
- Amica Sacco Society Ltd
- Ammar Sacco Society Ltd
- Ardhi Sacco Society Ltd
- Asili Sacco Society Ltd
- Azima Sacco Society Ltd
- Bandari Sacco Society Ltd
- Baraka Sacco Society Ltd
- Baraton University Sacco Society Ltd
- Biashara Sacco Society Ltd
- Biashara Tosha Sacco Society Ltd
- Bi-High Sacco Society Ltd
- Bingwa Sacco Society Ltd
- Boresha Sacco Society Ltd
- Capital Sacco Society Ltd
- Centenary Sacco Society Ltd
- Chai Sacco Society Ltd
- Chuna Sacco Society Ltd
- Comoco Sacco Society Ltd
- Cosmopolitan Sacco Society Ltd
- County Sacco Society Ltd
- Daima Sacco Society Ltd
- Dhabiti Sacco Society Ltd
- Dimkes Sacco Society Ltd
- Dumisha Sacco Society Ltd
- Eco-Pillar Sacco Society Ltd
- Egerton Sacco Society Ltd
- Elimu Sacco Society Ltd
- Enea Sacco Society Ltd
- Faridi Sacco Society Ltd
- Fariji Sacco Society Ltd Get Fariji Sacco App.
- Fortitude Sacco Society Ltd
- Fortune Sacco Society Ltd
- Fundilima Sacco Society Ltd
WHAT IS A SACCO?
A SACCO (Savings and Credit Cooperative Organization) is a member-owned financial cooperative that provides savings and credit services to its members. SACCOs operate on the principle of pooling members’ savings to create a fund from which loans and other financial services are offered.
The Kipsigis Edis Sacco Limited
Kimbilio Daima Sacco Ltd.
Kimbilio Daima is a savings and credit co-operative society (Formerly Chepsol Sacco ltd) situated in Kimulot Ward of Bomet County.
Patnas Sacco Society Ltd.
Patnas sacco society limited has its head office in Litein, along Sotik-kericho highway. It has branches in Sotik, Roret, Cheborgei and Chebirbelek.