Why SACCO Savings Matter in Kenya
SACCOs (Savings and Credit Cooperative Societies) are trusted financial institutions in Kenya offering competitive interest rates, dividends, low-cost loans, and secure savings—ideal for anyone looking to grow money responsibly under regulation by SASRA.
Top SACCOs with Excellent Savings Plans
1. Tower SACCO
- Dividends: 20% on share capital
- Interest on deposits: 13%
- Known for strong asset growth and member returns
2. Ports SACCO
- Dividends: 20%
- Interest on deposits: 12.5%
- Offers consistent high returns with expanding services
3. Yetu SACCO
- Dividends: 19%
- Interest on savings: 13%
- A strong combination of high returns and strong member value
4. Unison SACCO
- Dividends: 18%
- Interest on savings: 12.6%
5. Ollin SACCO
- Dividends: 17.5%
- Interest on savings: 12.2%
6. Winas SACCO
- Dividends: 16.5%
- Interest on deposits: 12.5%
7. Cosmopolitan SACCO
- Dividends: 16%
- Savings interest: 12.4%
8. Solution & Mentor SACCOs
- Dividends: 15%
- Interest on deposits: 10.5–12.5% respectively
Other Reliable SACCO Choices
- Stima SACCO: ~14–15% dividends; excellent loan products and digital services
- Kenya Police SACCO: ~17% dividends; great for security personnel and civilians alike
- Mwalimu National SACCO: Strong savings and loan culture with significant membership and assets
- Unaitas SACCO: ~10–12% savings interest; broad access for MSMEs and hustlers
- Harambee SACCO: ~12–15% dividends with wide community access
- Hazina SACCO: ~17% dividends; digital-savvy with wide member base
- Imarisha SACCO: Based in Kericho; strong service for rural and teacher communities
- UN SACCO: ~13% dividends, 10% interest; robust institution with global membership
How to Choose the Right SACCO Savings Plan
- Compare Returns: Look for high dividends and interest rates.
- Evaluate Accessibility: Ensure a nearby branch or strong digital platform.
- Loan Access: Some SACCOs allow low-interest loans against your savings.
- Regulation: Stick to SASRA-licensed sacco plans for safety
- Community Fit: Joining SACCOs where your network is helps with trust and guarantorship (as shared in user experiences)
“Research is key, join one who you have multiple workmates or family who have invested for several years… that demonstrates reliability.”
Why You Still Need Jielewe Alongside SACCO Savings
While SACCOs provide structured savings and investment returns, Jielewe (https://jielewe.co.ke) offers:
- A unified dashboard to track multiple SACCO accounts
- Budget management aligned with savings goals
- Alerts and progress tracking so you don’t lose momentum
Together, SACCO discipline and Jielewe clarity help you maximize returns and build long-term wealth.
Final Thoughts
Kenya’s SACCO sector offers outstanding saving options—some delivering up to 20% returns. Picking the right SACCO depends on your needs, accessibility, and financial goals. And with Jielewe, you stay organized and intentional with your SACCO savings strategy.