SACCOs (Savings and Credit Co-operative Societies) have become vital financial institutions in Kenya, offering various services to individuals, groups, and businesses. They provide members with the ability to save, access affordable loans, and invest in different financial products. The NASCOP (National Supervision of Co-operatives) regulates and accredits SACCOs to ensure they operate effectively for the benefit of their members.
In 2025, several SACCOs have stood out due to their strong performance, exceptional customer service, and robust financial products. Whether you’re a salaried individual, a business owner, or just someone looking to grow your savings, here’s a list of the top 10 best SACCOs to join in Kenya based on their services, asset base, and track record.
1. Amica Sacco
Amica Sacco, founded in 1966, has grown to become one of Kenya’s leading Tier One SACCOs. Initially started by coffee farmers in Murang’a, the SACCO has since expanded its services to various sectors across Kenya. Amica Sacco offers several financial products, including Investa Loans, which allow members to access loans up to 10 times their savings. Members can repay over a period of up to five years, with interest rates starting as low as 1% per month on the reduced balance.
Amica Sacco’s mobile banking services, Visa Cards, chequebooks, and Pesalink ensure that members have easy access to their funds. With over 18 branches and 360 agents across Nairobi, Kiambu, and Murang’a counties, Amica Sacco remains a reliable partner in the financial empowerment of its members.
Contact: 0729 333 444
Website: amicacs.co.ke
2. Stima Sacco
Stima Sacco is one of Kenya’s fastest-growing SACCOs, with an impressive asset base of approximately Kshs 53.78 billion. The SACCO is known for offering affordable loans such as development loans, asset financing, biashara loans, and mortgages. With a strong presence across Nairobi, Kisumu, Eldoret, Nakuru, Embu, and Mombasa, Stima Sacco is open to all members, regardless of profession, and has a strong commitment to serving both individual and business members.
3. Mwalimu National Sacco
Mwalimu National Sacco stands as Africa’s largest SACCO, primarily serving teachers and staff from the Teachers Service Commission (TSC). With a remarkable asset base of Kshs 64.06 billion, Mwalimu Sacco offers business loans, welfare services, and various BOSA (Back Office Services Activities) and FOSA (Front Office Services Activities) products. It remains a pillar of financial support for Kenya’s educational sector.
4. Nyati Sacco
Nyati Sacco is renowned for offering high dividend payouts and diverse financial services, including savings, loans, and investments. It is the highest dividend-paying SACCO in Kenya, with a dividend payout rate of 21% on share capital. Nyati Sacco’s focus on financial growth has made it one of the preferred choices for members seeking to maximize returns on their savings.
5. Afya Sacco
Afya Sacco has emerged as one of Kenya’s leading deposit-taking SACCOs with an asset base of Kshs 20.94 billion. The SACCO is member-driven and offers a range of financial services designed to meet the needs of its members. As a cooperative financial institution, Afya Sacco is committed to helping members achieve financial independence and success.
6. Ports Sacco
Ports Sacco is a Tier One SACCO with a diverse membership base, including salaried and non-salaried individuals, corporates, and diaspora members. With a 20% dividend payout rate on share capital, Ports Sacco is one of the highest dividend-paying SACCOs in Kenya. It offers a range of savings and loan products to suit various financial needs.
7. Trans Nation Sacco
Trans Nation Sacco is known for its high dividend payouts and SASRA-compliant deposit-taking operations. With a membership exceeding 37,000 in BOSA and 75,000 accounts in FOSA, Trans Nation has maintained a reputation for financial stability. The SACCO is a great option for both individual and business members looking for flexible loan terms and reliable financial services.
8. Harambee Sacco Society
Harambee Sacco primarily serves employees of government ministries, county governments, parastatals, and members of the private sector. With an asset base of Kshs 37.01 billion, Harambee Sacco has positioned itself as one of the most reliable SACCOs in Kenya. The SACCO offers various loan products and savings accounts designed to meet the needs of a wide variety of members.
9. Magadi Sacco
Magadi Sacco has earned a reputation for high dividend payouts, with a 20% dividend payout rate on share capital. This SASRA-compliant SACCO offers a range of services, including BOSA and FOSA products. Magadi Sacco has been an essential financial partner for many Kenyans since its inception, and it continues to provide exceptional services to its members.
10. Hazina Sacco
Hazina Sacco is a nationwide deposit-taking SACCO with an asset base of Kshs 12.76 billion. The SACCO offers high interest rates on deposits and dividends on share capital. Hazina Sacco’s membership is open to employees of the national and county governments, parastatals, and private organizations, providing affordable financial products that help its members meet their financial goals.
Joining the right SACCO is crucial to achieving your financial goals. Whether you are looking to save for the future, take out a loan for your business, or earn high dividends on your investments, Kenya’s best-performing SACCOs provide a wide range of options for all types of members.
Each SACCO on this list offers its own unique benefits and services, tailored to meet the needs of different groups, from teachers to salaried employees and business owners. When selecting a SACCO to join, it is important to consider factors such as dividend payouts, loan interest rates, membership requirements, and access to financial services. Make sure to choose a SACCO that aligns with your financial aspirations.
