Are you looking for a list of the best Saccos in Kenya? According to the newest payment rates data, Stima Sacco Society is ranked as the best Sacco in the Country. The Kenya Police Sacco and Mwalimu Sacco rank in the second and third places of the best SACCOs, respectively.
This ranking is per the Saccos financial interest rates paid on Customer Deposits and Payout of Dividends on Share Capital.
ABOUT STIMA SACCO SOCIETY LTD
Stima Sacco Deposit Taking (the DT) is a licensed Deposit Taking Sacco. It was established back in 1974 with the main objective of uplifting the members’ social, economic well-being. The Stima Sacco has nine branches in Nairobi(Parklands), Mombasa, Kisumu city, Nakuru, Olkaria, Eldoret, Nairobi CBD, The Embu, and Kawi Centre (in South C).
Membership is open, and any Kenyan citizen is eligible to join the Stima Sacco regardless of his or her location of residence.
Stima Sacco is currently ranked as the best performing public Sacco in the country, and you can get a huge loan from them.
THE KENYA POLICE SACCO SOCIETY
The Kenya Police Sacco Society was duly registered on 20th November 1972, under the Cooperative Societies Act Cap 490 of the laws of Kenya. It had to wait for operations till June 1973 for it to roll out its operations. It attracts membership largely from the disciplined forces.
The Kenya Police Sacco Society is currently ranked as the second-best Sacco in the country.
GUSII MWALIMU SACCO
This is another teacher-dominated SACCO that has posted impressive and consistent performances over time. You can save in this SACCO and get a good return or investment loans.
LIST OF THE BEST SACCOs IN KENYA
Here is the full list of the top 10 best SACCOs in Kenya
|S/NO||SACCO NAME||CATEGORY||INTEREST ON DEPOSIT||DIVIDEND ON SHARE CAPITAL|
|3||Gusii Mwalimu Sacco||DT||10%||17%|
|4||Sheria Sacco Educationnewshub||DT||8.50%||16%|
|5||Mhasibu Sacco||Non DT||8.15.%||15%|
|7||Nation Sacco Educationnewshub||DT||8||15%|
|10||Kenya Bankers Sacco||DT||6%||10%|