Kimisitu DT SACCO reports strong financial growth with assets up to Ksh12.8 billion

One of Kenya’s leading savings and credit cooperatives, Kimisitu DT SACCO, has reported strong financial performance and growth according to its latest statement of financial position.

The SACCO’s total assets rose from Ksh12.0 billion in 2024 to Ksh 12.8 billion in financial year ended 31st  2025, reflecting steady expansion in its financial base and member services.

Loans issued to members also recorded significant growth, increasing from Ksh 10.1 billion in 2024 to Ksh 10.8 billion in 2025, highlighting increased access to credit for members.

Member contributions remained stable with non-withdrawable deposits rising slightly from Ksh 8.6 billion to Ksh 8.7 billion during the period.

Meanwhile, members’ savings and other deposits increased from Ksh 405 million in 2024 to Ksh 407 million in 2025.

The cooperative also reported a strong rise in revenue reserves, which grew from Ksh 228 million in 2024 to Ksh 474 million in 2025, signaling improved financial strength and retained earnings.

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In line with the improved performance, proposed dividends have increased from Ksh 128 million to Ksh 149 million, a move expected to benefit members.

The SACCO is scheduled to hold its Annual General Meeting (AGM) on March 14, 2025, where members will review the financial results and discuss the organization’s future plans.

Overall, the cooperative says it has demonstrated remarkable growth and resilience over the past year, recording notable increases in loan disbursements, member deposits, and overall revenue.

The performance reinforces the SACCO’s commitment to providing accessible and impactful financial solutions to its members across Kenya.

By Obegi Malack

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