- Hazina Sacco is transforming communities through clean water projects in Kwale and West Pokot.
- In 2025, assets grew to Ksh18.7 billion as membership, deposits and loans all increased.
- The Sacco continues to expand its services and community impact across Kenya.
Hazina Sacco has been on the frontline in transforming lives through its robust Corporate Social Responsibility (CSR) Programmes that has not only brought people and communities together, but also strengthens social cohesion and advance peaceful, inclusive societies.
The Sacco’s big dream of being a leading provider of sustainable financial services, with a task to transform members’ lives through resource mobilization and provision of competitive, innovative financial solutions under its slogan Together We Prosper, reflects the co-operative spirit which resonated with this year’s Ushirika Day theme Building Bridges: Cooperative Contributions for a Peaceful World.
For years, students at Lunga-Lunga Secondary School in Kwale County struggled with water scarcity. That burden was eased after Hazina Sacco stepped in with the donation of three 10,000-litre water tanks worth over Ksh400, 000 to boost access to clean and reliable water in an area greatly affected by drought.
The water tanks now play a big role in the school since it help in harvesting and storage of water for future use, hence mitigating the challenges of water shortage. “This is not just about providing water, but about empowering communities to grow,” said Hazina Sacco National Chairman, Evans Kibagendi.
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Lunga-Lunga Sub-county is among the coastal areas severely affected by recurring droughts, and schools often bear the brunt of the crisis. During prolonged dry seasons, learning institutions are forced to contend with severe water shortages that disrupt daily activities, from classroom learning to meal preparation and sanitation.
In West Pokot, Hazina DT Sacco reaffirmed its commitment to community empowerment and sustainable development after unveiling a solar-powered water project at Mokowon Primary School in Mokowon, Pokot South Sub-county, West Pokot County, an initiative that has transformed learning conditions and uplifted the lives of the surrounding community through access to clean water.
“We selected this project knowing that access to water is critical not only for education but also for the well-being of the community,” said Hazina Sacco CEO, CPA Dickson Okungu.
The project, which draws water from a nearby river, stores it in two 10,000-litre tanks installed at the school, is expected to ease the long-standing water shortage, allow learners to focus more on their studies, and also support small-scale irrigation in the area hence benefiting the wider community.
Established in 1971 and registered under the Co-operatives Societies Act (Cap 490), Hazina Sacco has grown from its early roots in the Ministry of Finance and Planning to a nationwide, after it opened common bond to allow membership from other ministries, Parastatals, County Governments and Private Sector. The Sacco is regulated by the Sacco Societies Regulatory Authority (SASRA).
As of December 31, 2025 Hazina Sacco had recorded an increase in asset base to Ksh18.7 billion, from Ksh16.8 billion in 2024 with membership growing by 8.5%, from 32,518 in 2024 to 35,289 in 2025. Deposits surged from Ksh11.9 billion in 2024 to a remarkable Ksh13.4 billion in 2025, representing a solid 12.6%growth, Loans advanced to members grew by 12.2 percent, increasing from Ksh11.5 billion in 2024 to Ksh12.9 billion in 2025, while gross income climbed from Ksh2.08 billion to Ksh2.27 billion, a growth of 9.5 percent.
The Sacco declared dividends at a rate of 17 percent and interest on deposits at 10.75 percent, with payouts rising from KSh1.4 billion in 2024 to KSh1.7 billion in 2025. Hazina Sacco continues to innovate by offering services through BOSA, FOSA, and mobile banking.
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Educational forums, both physical and online, empower members with accurate information to make informed investment decisions. The Sacco also hosted a gala dinner to celebrate its journey, reinforcing the sense of community and shared success.
As Hazina Sacco looks to the future, its leadership under Mr. Kibagendi as the National Chairman and CPA Okungu as the CEO is focused on expanding services, deepening member engagement, and enhancing innovation.
With 66 branches nationwide, a growing membership, and a strong asset base, Hazina Sacco is well positioned to continue transforming lives and contributing to Kenya’s cooperative movement. Its story is one of resilience, growth, and community impact; values that will guide its journey toward becoming one of the country’s most influential financial co-operatives.
By Roy Hezron
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