2NK Sacco has unveiled plans to acquire its own building in Nyeri at a cost of KSh 80 million, a move aimed at cutting operational expenses and consolidating its services under one roof. The investment follows a resolution passed during the 2025 Annual General Meeting (AGM)
Chairman Ephraim Karimi confirmed that the Sacco has already earmarked the funds for the purchase of a Sacco house, noting that the decision reflects members’ commitment to sustainable growth.
Alongside the property acquisition, 2NK Sacco has approved a record payout of KSh 136 million to members for the year ended December 2025. The distribution includes an 18 per cent dividend and 8 per cent interest on deposits, underscoring the cooperative’s ability to balance investment with strong returns to its membership.
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Karimi explained that the Sacco’s robust financial performance made the dual achievement possible. The institution realised a net surplus of KSh 49 million during the reporting period, providing the financial muscle to both reward members and invest in long‑term assets.
By Eutycus Muchiri
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