Trans‑National Times (TNT) Sacco delegates have endorsed a three‑year strategic plan aimed at expanding the cooperative’s asset base to KSh 4.5 billion. The plan, adopted during the annual delegates’ meeting, is designed to strengthen financial stability while enhancing service delivery to members.
Speaking at the launch, Sacco Chairman Dr Evans Sichangi said the blueprint goes beyond numerical growth. “This plan is not only about growth in numbers but also improving efficiency and delivering better services to our members,” he noted.
On member returns, TNT Sacco reported dividends of 11 per cent and interest on deposits at 9 per cent for the year ended December 31, 2025. However, KSh 66 million was redirected to reduce a KUSCCO insurance balance of more than KSh 209 million. Dr Sichangi explained that the adjustment was necessary to meet regulatory requirements and secure the Sacco’s long‑term stability.
Financial disclosures showed a net surplus of KSh 30.9 million for 2025, reflecting steady growth despite regulatory pressures. The loan portfolio also expanded, rising to KSh 1.12 billion from approximately KSh 1.03 billion in 2024, signalling increased member borrowing and confidence in the Sacco’s lending capacity.
Delegates further reviewed the proposed 2027 budget, which projects income of over KSh 595 million against expenditure of about KSh 522 million, leaving a surplus of approximately KSh 73 million. Borrowing powers of up to KSh 690 million were also proposed, giving the Sacco flexibility to finance expansion and meet member credit demand.
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The Supervisory Committee highlighted progress in service delivery, citing the rollout of an e‑loaning platform as a key innovation. It recommended intensified member training and stronger financial management practices to sustain growth.
Dr Sichangi emphasized that the Sacco’s future depends on balancing growth with compliance. “This adjustment was necessary to meet regulatory requirements and secure the Sacco’s long‑term stability,” he reiterated, urging delegates to embrace reforms that safeguard member interests.
By Osborne Benn
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