Mhasibu Sacco has unveiled its 2026-2030 strategic plan, outlining ambitious growth targets that include expanding membership to 100,000, tripling its asset base, and adopting artificial intelligence (AI) to modernise operations.
Speaking during the launch, Chief Executive Officer Eunice Kanyi said the Sacco is confident of achieving the membership target well ahead of schedule. “Our target is a membership of 100,000 by 2030. With engagements today, I am convinced the 100,000 can be achieved within one or two years,” she said.
The plan envisions growing assets from KSh12 billion to KSh31 billion, loan disbursements from KSh10 billion to KSh21 billion, and revenue from KSh1.4 billion to KSh3.65 billion over the five‑year period.
Kanyi noted that the Sacco will upgrade its current satellite offices into full branches and open new outlets in Nyeri, Nakuru, and Thika to strengthen its national presence.
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“All our processes are now fully digital,” she said, adding that the Sacco intends to integrate AI into its systems. “We have specific initiatives aligned to AI, including upgrading our system and mobile app and developing dashboards to support decision‑making.”
On governance, Mhasibu Sacco Chairperson Hillary Atito assured members that the institution has never borrowed externally to pay dividends, emphasising that growth has been organic and sustainable.
“We have grown over time and we have been able to show our performances. Our reports have been audited and reviewed by the regulator,” he said.
The Sacco leadership reitareted that the strategic plan is designed to position Mhasibu Sacco as a leading financial cooperative, leveraging on tech and branch expansion, to deliver value to members.
By Masaki Enock
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