Best Saccos in Kenya Based on Asset Value

The recently released Sacco Supervision Report has unveiled the state of Kenya’s Savings and Credit Cooperative Organizations (SACCOs), revealing a staggering combined asset value that exceeds KSh 712.83 billion.

The report provides a fascinating snapshot of Best SACCOs in Kenya, highlighting market leaders such as Mwalimu, Stima, National Police Sacco, Harambee, and Unaitas among the top in the country.

This article looks at the best SACCOs in Kenya, presenting a comprehensive based on their asset values.

Note: This list is based on the Sacco Report released in 2024 for 2023 data and is subject to change in the future, so conduct due diligence when choosing a SACCO for your needs.

Also Read: Best Money Market Funds in Kenya

List of Top SACCOS in Kenya Based on Asset Values

From small community-based organizations to large, multi-sector SACCOs with substantial asset portfolios, this article offers a detailed overview of best SACCOs in Kenya that will prove valuable if you are looking to invest or take out a loan in a SACCO.

Is your SACCO regulated by SASRA? Check the list of 176 licensed Deposit Taking (DT) SACCOs and 181 Non-Withdrawable Deposit Taking (NWDT) SACCOs for the period from January 1, 2024, to December 31, 2024. Download the full list from the website; https://t.co/1xlRYWCTn4… pic.twitter.com/qRuYXjOzLk
— The SACCO Regulator (@SASRA_ke) September 17, 2024

Top SACCOs – 66.43 Billion – 9.14 Billion

No	Sacco	Value of Assets (In KSh Billions, 2023)
1	MWALIMU NATIONAL	66.43
2	STIMA DT	59.15
3	KENYA NATIONAL POLICE DT	54.24
4	HARAMBEE	38.57
5	TOWER Teachers SACCO	23.23
6	AFYA	22.79
7	UNAITAS	22.70
8	IMARISHA	21.78
9	UNITED NATIONS DT	18.21
10	UKULIMA (APSTAR SACCO SOCIETY LIMITED)	15.18
11	HAZINA	14.70
12	GUSII MWALIMU	14.30
13	INVEST AND GROW	14.06
14	MENTOR	13.47
15	IMARIKA	13.11
16	BANDARI DT	12.68
17	TRANSNATION	12.02
18	SAFARICOM	11.48
19	BORESHA	11.35
20	WINAS	11.28
21	NEWFORTIS	11.12
22	KIMISITU	11.07
23	COSMOPOLITAN	10.29
24	KITUI TEACHERS	10.10
25	OLLIN	9.95
26	KENYA BANKERS	9.69
27	SOLUTION	9.47
28	PORTS DT	9.17
29	SHERIA	9.14

Top SACCOs – 7.94 Billion – 4.39 Billion

Rank	SACCO Name	Total Assets
30	MAGEREZA	7.95
31	UNISON	7.73
32	BINGWA	7.64
33	AMICA	7.18
34	USHURU	6.87
35	KIPSANG	6.78
36	HARAKA	6.70
37	MATATU	6.55
38	LOGISTICS	6.38
39	KENYA POWER	6.31
40	STIMA	6.12
41	KENYA NATIONAL	6.03
42	UKULIMA	5.95
43	WANANCHI	5.87
44	MWALIMU	5.79
45	MATUNGU	5.64
46	NYANDARUA	5.58
47	TRANS-NATION	5.47
48	SHERIA	5.39
49	COOPERATIVE BANK	5.32
50	IMARIKA	5.24
51	JAMII	5.16
52	IMARISHA	5.08
53	MWANGA HAKIKA	4.95
54	SAFARICOM	4.87
55	MICRO KAREN	4.79
56	CHAI SACCO	4.64
57	UNITY	4.58
58	TAARIFA	4.47
59	MAISHA	4.39

Top SACCOs – 3.49 Billion – 1.26 Billion

Rank	SACCO Name	Total Assets
60	QWETU	3.49
61	NSSF	3.42
62	BIASHARA DT	3.26
63	SKYLINE	3.23
64	ASILI	3.02
65	MWITO	3.00
66	DIMKES DT	2.85
67	ARDHI	2.40
68	TRANS-NATIONAL TIMES	2.24
69	AZIMA	2.22
70	CHUNA	2.20
71	FARIDI	2.14
72	KINGDOM	2.06
73	WANANDEGE	2.05
74	SIMBA CHAI	2.00
75	UKRISTO NA UFANISI	1.93
76	DAIMA	1.81
77	SOUTHERN STAR	1.75
78	WAKENYA PAMOJA	1.73
79	TAQWA	1.64
80	TRANS-ELITE COUNTY	1.60
81	WANANCHI	1.55
82	UNIVERSAL TRADERS	1.53
83	SMARTLIFE DT	1.52
84	EGERTON UNIVERSITY	1.45
85	ECO-PILLAR	1.40
86	ELIMU	1.39
87	MUKI	1.39
88	CENTENARY	1.38
89	WANA-ANGA	1.26

Top SACCOs – 1.25 Billion – 680 Million

Rank	SACCO Name	Total Assets (Billions)
90	KEYSTONE DT	1.25
91	AIRPORTS	1.24
92	TIMES U	1.23
93	TELEPOST	1.21
94	SULUHU	1.19
95	MAFANIKIO	1.19
96	FUNDILIMA	1.16
97	TABASAMU	1.14
98	JAMII YETU	1.12
99	2NK DT	1.10
100	METROPOLITAN NATIONAL	1.07
101	K-PILLAR	1.06
102	WAKULIMA COMMERCIAL	1.00
103	MAGADI	0.97
104	PRIME TIME	0.94
105	THAMANI	0.88
106	KIMBILIO DAIMA	0.82
107	KWIKAS-DT	0.82
108	GOOD HOPE	0.81
109	VISION AFRIKA	0.79
110	TARAJI	0.79
111	COUNTY	0.78
112	DHABITI	0.77
113	NAFASI DT	0.74
114	ORIENT	0.74
115	GOLDEN PILLAR	0.72
116	NRS	0.69
117	BI-HIGH	0.68
118	SUPA	0.68
119	VISION POINT	0.68

Top SACCOs – 670 Million – 260 Million

Rank	SACCO Name	Value Assets
120	LAINISHA	0.67
121	SIRAJI	0.66
122	PATNAS	0.64
123	SHOPPERS	0.63
124	FARIJI	0.59
125	LENGO	0.54
126	TABASURI-DT	0.52
127	VIKTAS	0.48
128	WEVARSITY	0.46
129	CHUKA UNIVERSITY	0.46
130	BARAKA	0.46
131	STRATEGIC DT	0.45
132	ACUMEN	0.45
133	KENYA ACHIEVAS	0.44
134	UFANISI DT	0.44
135	JITEGEMEE	0.43
136	SMART CHAMPION	0.40
137	KENCREAM	0.40
138	WASHA	0.39
139	MUDETE FACTORY TEA GROWERS	0.39
140	TENHOS	0.38
141	FORTITUDE DT	0.37
142	ILKISONKO	0.35
143	STAWISHA	0.34
144	NYAMBENE ARIMI	0.32
145	JOINAS	0.31
146	PUAN	0.30
147	HOME BUSINESS	0.29
148	AMMAR	0.29
149	EDIS	0.26

Top SACCOs – 260 Million – 50 Million

Rank	Name of SACCO	Value Assets
150	SOTICO	0.26
151	TRANS-COUNTIES	0.25
152	STAKE KENYA	0.24
153	NUFAIKA	0.23
154	BARATON	0.23
155	ENEA	0.22
156	DUMISHA	0.22
157	JUMUIKA	0.21
158	MWIETHERI	0.21
159	LAMU TEACHERS	0.19
160	KOLENGE TEA	0.19
161	AGRO CHEM	0.17
162	NEXUS	0.16
163	TOPKRIM DT	0.16
164	NANDI FARMERS	0.15
165	THE APPLE	0.13
166	AINABKOI FARMERS	0.11
167	UNI-COUNTY	0.10
168	BIASHARA TOSHA	0.09
169	NDOSHA	0.09
170	KORU DT	0.08
171	GOOD FAITH	0.09
172	KABIYET	0.05
173	VIHIGA COUNTY FARMERS’	0.05
174	GOODWAY	0.05

Best Saccos in Kenya Based on Asset Value Infographic

Key Takeaways

While asset value provides a critical metric of a SACCO’s financial strength, it is important to remember that the best SACCOs in Kenya for an individual depends on multiple factors beyond mere financial size.

The top-performing SACCOs demonstrate remarkable financial resilience and growth
Asset value is an important, but not the sole indicator of a SACCO’s quality and member benefits.
Geographical reach, membership diversity, and loan products are equally crucial considerations.

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