Top 10 Highest Dividend Paying Saccos In Kenya With As Low As Ksh 1000 Monthly Contributions

SACCOs in Kenya play a significant role in Kenya’s financial landscape, offering a platform for individuals to save, access credit, and invest. Many Kenyans seek SACCOs that not only provide financial services but also offer attractive dividends on their savings.

Most Saccos pay dividends of up to 20 percent on shares. It’s because of the dividends and other investment options provided by Saccos that most Kenyans opt to join Saccos.

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1. Stima SACCO

Stima SACCO is renowned for its solid financial performance and consistent dividends to its members. With a minimum monthly contribution of 1,000 shillings, members can access a wide range of financial products and benefit from competitive dividends.

Dividends for Stima Sacco range between 12-14% and are usually paid out annually not later than March to individuals whose loan repayments are up-to-date.

2. Mwalimu National SACCO

Catering primarily to teachers, Mwalimu National SACCO has grown to become one of the largest and most reputable SACCOs in Kenya. It offers a diverse range of financial products and services, including savings, loans, and investments. With a minimum monthly contribution of  1,000 shillings, members can participate in the SACCO’s success and earn competitive dividends on their savings.

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3. Hazina SACCO

Hazina SACCO has a strong reputation for its consistent dividends and transparent operations. Members contribute KSh 1,000 monthly and benefit from attractive savings and loan options. The Sacco paid dividends on shares and interest on member deposits at 17 percent and 10.8 percent, respectively, for the year ending December 31, 2023.

4. Imarisha SACCO

Imarisha SACCO stands out for its focus on empowering members through financial education and competitive dividends. With a modest monthly contribution of 1,600 shillings, members can access a range of financial services tailored to their needs. In the 2023 financial year, it approved a dividend payout of 14% and interest on deposits of 11%

5. Mwalimu National SACCO

Mwalimu National SACCO is popular among teachers and education sector professionals for its attractive dividends and member-focused approach. With a 1,000 shillings monthly contribution, members can enjoy competitive returns on their savings. During the year under review, Sacco paid a 10.5 percent dividend on shares and 10 percent interest on member deposits

6. Unaitas SACCO

Unaitas SACCO is known for its innovative approach to financial services and its commitment to empowering its members economically. It serves individuals from various sectors and offers a range of savings and credit products. With a minimum monthly contribution of KSh 1,000, members can benefit from attractive dividends and access to affordable credit facilities. Their interest rate ranges from 6 percent to 10.5 percent per annum

7. Mhasibu SACCO

Mhasibu SACCO caters primarily to professionals in the accounting and finance sector, offering attractive dividends and tailored financial solutions. With a monthly contribution of KSh 1,650, members can enjoy competitive returns and access to affordable credit facilities, with an Interest rate of 12 percent p.a on reducing balance.

8. Imarika SACCO

Imarika SACCO focuses on promoting financial inclusion and stability among its members, offering competitive dividends and a range of savings and loan products. With a modest monthly contribution of 1,000 shillings, members can participate in SACCO’s growth and benefit from attractive returns. Member’s loan entitlement ranges from 3-7 times of unwithdrawable deposits. Interest rate at 14% per annum at reducing balance method.

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