Ammar Sacco was initially registered as All Churches Sacco in December 2004 to cater to the financial needs of its members but was rebranded in 2019 and the name subsequently changed to Ammar Sacco. Ammar Sacco membership is mainly from Kiambu and Murang’a counties but is open to all Kenyans. It opened up its Front…

Bingwa Sacco was formerly known as Kirinyaga Tea Growers Sacco Limited and was registered in 1984. It started with only BOSA services and was one of the pioneer Saccos in Kenya to introduce FOSA in 1993 to meet clients’ demands. Currently, the Sacco has a membership of over 190,000 members from all sectors of the…

It was formerly known as Kenya Canners Sacco limited. It was registered as a cooperative society in 1966 but registration renewal was done on 13th April 1987.Majority of its members were from Del monte Kenya Limited in Thika but it later opened its doors to the public. Azima Sacco Savings Products These are the products…

Airports Sacco was formed on 25th March 1994 and its membership comprises of staff from the Kenya Airports Authority as well as individuals and organizations working within and around the airports in Kenya. It was formed with the purpose of deepening financial service delivery to its members. Airport Sacco Loan products One of the core…

Acumen Sacco was registered on 5th March 2008 to cater for the financial needs of its members in Ongata Rongai town Nairobi and its environs. The Sacco has a membership of slightly over 2,000 members and assets of about 331 million. Acumen Sacco undertakes two types of activities; Back Office Service Activities which involve offering…

Afya Sacco was registered on 8th May 1971 by 20 promoters; also called founders. Since that time, the membership of Afya Sacco has grown in leaps and bound over the past 40 years and it currently has over 38,000 active members. How To Join Afya Sacco To join the Sacco, one needs to fill a…

M-pesa agents in Kenya are the lowest in ranking in the M-pesa pyramid structure. The agents are the people you will find in the kibanda and mama mboga in the neighborhood. The structure works such that to get into the Safaricom agency business, you need a super agent who will give you the  M-pesa like…

M-pesa is a digital currency account just like a bank account. It involves movement of cash in and out of the digital wallet. Just like with bank account, you need an M-pesa statement to help you in planning and tracing your funds movement. Safaricom, the operators of M-pesa, do not give out the statement automatically,…

First Community Bank is a Sharia compliant bank that was licensed by the central bank of Kenya in 2007. The banks targets Muslim clientele in the country though it is also open to people of other faiths but the sharia banking rules will apply to everyone. The bank has made strides in mobile banking integrating…

SACCO is an abbreviation for Savings and Credit Co-Operative Society. It’s a member-based financial institution which operates on co-operative values, identity, and principles which includes social responsibility, openness, honesty, and caring for each other. Saccos are owned by members and not investors like in banks and micro finance institutions. The main drive for Saccos is…