Imarika Sacco, one of Kenya’s fastest-growing cooperatives, has once again recorded strong financial performance, posting total assets of Ksh16.1 billion in the year ended 31st December 2025.
The Sacco also reported increased member deposits, which rose to Ksh10.5 billion against a target of Ksh10.6 billion falling short by Ksh100 million.
In contrast, loans and advances to members exceeded expectations, growing to Ksh13.99 billion against the projected Ksh13.93 billion, thereby surpassing the target by Ksh60 million.
The Sacco’s turnover similarly outperformed projections, reaching Ksh2.48 billion against a budgeted Ksh2.35 billion, surpassing the target by Ksh130million, an increase largely attributed to interest earned from loans and advances.
Member share capital grew to Ksh1.16 billion, outperforming the Ksh1 billion target by Ksh160 million.
Imarika Sacco Board of Directors Chairman John Ziro credited the strong performance to the loyalty and commitment of members who continue to drive the cooperative’s progress.
“The 2025 performance was relatively impressive thanks to the collective work done by all members to ensure we remain steady,” Ziro said during the Annual Delegates Meeting held on Saturday, February 28, 2026, in Kilifi County.
Ziro also attributed the strong performance to the Sacco’s robust economic risk-mitigation strategies, which he said have protected members while enhancing resilience amid prevailing economic hardships.
He noted that the Sacco’s total earnings rose significantly in 2025, increasing to Ksh2,488,164,025 from Ksh2,268,232,541 in 2024, a 10 per cent growth.
According to Ziro, the bulk of these earnings came from loan interest, with revenues from loans and advances rising from Ksh 1,829,258,426 in 2024 to Ksh 2,050,429,065 in 2025, marking a 12 per cent increase.
Ziro further revealed that the Sacco conducted a share drive campaign aimed at encouraging members to boost their shares and deposits.
He noted that while the campaign cost the Sacco Ksh7, 832,840 to organize, it successfully mobilized Ksh11, 837,011 in share capital and Ksh68, 977,723 in long-term deposits.
He urged members to remain united and avoid any form of division, emphasizing that sustaining the Sacco’s upward performance trajectory will require continued collective effort and commitment.
Ziro called on delegates to remain focused and refrain from engaging in what he termed as “small things” that do not contribute to the Sacco’s progress.
“Let’s do away with those small things that don’t build us. Delegates should get the right information and use it to educate and elaborate to members to clear out any doubts,” he said.
The chairman also expressed concern over the high number of dormant members, noting that some individuals join the Sacco but fail to remain active, limiting their ability to benefit from the wide range of services offered.
By Shaban Omar
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