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best saccos in kenya

top 11 best saccos in Kenya

Last updated on June 9th, 2023 at 08:38 pm

This article is about some of the top 11 best SACCOs to join in Kenya. Saccos in Kenya mainly try to bring together people who have similar financial background / personality for a common purpose of money and investment.

There are many Saccos in Kenya that offer such opportunities. However, not everyone has been successful in protecting the interests of its members at an effective level.

Here is a complete list of the best and most successful SACCOs in Kenya that you can join.

Best Saccos to Join in Kenya

Amica Sacco

Amica is one of the best SACCOs to join in Kenya. It is a Tier one Sacco that was started in 1966 by coffee growers in Muranga but later opened up its network to serve the entire region.

The Sacco changed its name in 2016 and now operates as Amica Savings & Credit, or simply as Amica Sacco.

Amica Sacco’s banking channels include mobile banking, Sacco offices, Visa cards, cheques, bill payments and money transfer services such as Pesalink and RTFT.

The Sacco has 18 branches and over 360 employees spread across Nairobi, Kiambu and Muranga regions.

Members receive a loan ten (10) times their savings, commonly known as Investa.

Loans are repaid for up to 5 years and interest is charged at 1% per month and the balance is reduced.

Contact: 0729 333 444

Discover more of their services at

Steam sacco

It is a fast growing deposit sacco with local authority and Kshs. 30 billion. It offers amazing savings on credit products such as development loans, property financing, business loans and mortgages.

The Sacco is open to all members. It has branches in Nairobi, Kisumu, Eldoret, Nakuru, Embu and Mombasa.

Mwalimu’s national

It is Africa’s largest Sacco with members from Kenyan teachers. It offers various products and services such as business loans, social services, business investment services (BOSA) and FOSA products.

Only teachers, Sacco workers and Service Commission employees are members.

Hazina Sacco

It is a National Savings Sacco that was established in 1971 primarily to promote safety and security among Sacco members. The Sacco draws its members from the government sector, parastatals, local governments and the private sector.

Harambee Sacco

Harambee Sacco usually draws its members from national government, local government, parastatal government bodies, law enforcement, Kenya Defense Force, national police, national youth service and government departments. It is also open to cultists.

United Nations Sacco

The Sacco started operations in 1975. Its current assets are at Kshs. 12 billion. It offers many financial products and loan services to its members.

To become a Sacco member, one must fill out a membership application form and pay a membership fee of Kshs 1,000, raise a capital of Kshs 50,000 and pay a monthly fee of at least Kshs 2,300.

Police Sacco Kenya

The Sacco began operations in 1973 to raise funds and provide affordable credit facilities. The Sacco has an asset base of 30 billion and a loan portfolio of Kshs. 26 billion. It is made up of serving and retired police officers, Kenyan police officers and Sacco officers, civil servants, commercial and industrial workers.

Unaitas Sacco

It is a registered Sacco under the Sacco Companies Act 2012. It offers security products and loan products such as development loans, business loans, inuka loans, loans, kilimo poa loans, business instruments and maono loans.

Kenya Medical Association Sacco

It was registered as a Sacco in 1998 and has grown exponentially as a financial leader for doctors in the country. The Sacco has a current asset base of 3.655 billion.

Kenyan Sacco Growers

It was registered as a Sacco in 1975 to serve employees in the banking sector. It currently attracts members from banks, financial institutions / microfinance, real estate companies, chamas and other companies.

Waumini Sacco

It is a leading progressive Sacco with more than 25,000 members from Catholic companies, members of the Catholic Church and former employees of Catholic companies.

The Sacco offers products like FOSA loans, tulia loans, emergency loans, mjengo loans, payday loans and instant FOSA.

best saccos in kenya