Top 10 Best Performing SACCOS In Kenya

Savings and Credit Cooperative Organizations (SACCOs) have long been instrumental in promoting financial inclusion and economic empowerment in Kenya. By pooling resources, these member-driven institutions offer savings and credit facilities, enabling individuals to achieve personal and entrepreneurial goals.

As of 2024, several SACCOs have distinguished themselves through exceptional performance, asset growth, and member returns. Here are the top 10 best-performing SACCOs in Kenya:

1. Mwalimu National SACCO

Mwalimu National SACCO is the largest teacher-based SACCO in Africa. Serving primarily educators and employees of the Teachers Service Commission (TSC), it boasts assets totaling Kshs 66.43 billion.

The SACCO offers a range of financial products, including savings accounts, loans, and insurance services, with a strong emphasis on financial literacy and member education.

Read Also: Here Is The Full List Of Approved Saccos In Kenya For 2025

2. Stima SACCO

With assets amounting to Kshs 59.15 billion, Stima Sacco provides diverse financial products such as savings accounts, loans, and investment opportunities. Notably, Stima SACCO offers competitive interest rates and innovative products like the M-Pawa loan, facilitating instant mobile loans for members.

3. Kenya National Police DT SACCO

Kenya National Police DT SACCO serves members of the National Police Service and has grown to manage assets worth Kshs 54.24 billion. The SACCO offers various financial products, including savings accounts, development loans, and emergency loans, known for favorable terms and swift processing.

4. Harambee SACCO

Founded in 1970 to cater to government employees, Harambee SACCO now welcomes the general public. With assets of Kshs 38.57 billion, it offers a wide array of financial products, including savings accounts, loans, and investment opportunities. The SACCO is renowned for competitive loan products, such as mortgage loans, aiding members in homeownership aspirations.

5. Tower SACCO

Tower SACCO has evolved into a financial powerhouse with over 250,000 members and assets exceeding Kshs 20 billion. Operating across eight counties with 29 branches and 300 agents, it offers a 20% dividend on shares and 13% interest on deposits, rewarding its members generously.

Read Also: Shock As Kenyan Saccos Are Taking Bank Loans To Pay For Dividends To Their Members

6. Afya SACCO

Managing assets of Kshs 22.79 billion, Afya SACCO provides a range of financial products, including savings accounts, loans, and insurance services. The SACCO is particularly noted for its mortgage loan products, facilitating home acquisition for members.

7. Unaitas SACCO

Starting as a tea farmers’ cooperative in 1993, Unaitas SACCO has grown to include individuals, businesses, and organizations, with assets totaling Kshs 22.70 billion. Known for its innovative approach, it offers mobile banking and agency banking services, alongside competitive interest rates on savings and loans.

Read Also: The One Choice That Undermine Your Finance: What The Right Sacco Can To For You, And What The Wrong One Can Cost

8. Hazina SACCO

Hazina SACCO now encompasses members from various government ministries and institutions. With assets of Kshs 14.70 billion, it offers savings accounts, fixed deposit accounts, and loans. The SACCO is recognized for strong financial performance and attractive dividends, providing a 17% dividend on shares and 10.8% interest on deposits in 2024.

9. Safaricom SACCO

Safaricom SACCO has opened membership to the public, managing assets of Kshs 11.48 billion. It offers a variety of financial products, including savings accounts, loans, and investment opportunities. In 2024, members benefited from a 13% dividend on shares and 8% interest on deposits.

10. Kenya Bankers SACCO

Serving employees in the banking sector, Kenya Bankers SACCO manages assets worth Kshs 9.69 billion. It offers a range of financial products, including savings accounts, loans, and investment opportunities, with a focus on competitive interest rates and member satisfaction.

Read Also: Police Sacco Harvests Ksh 2.51 Billion In Profits