By Jane Mugambi
Ollin Sacco marked its 50th anniversary on Saturday, June 13, 2026, unveiling an expanded growth strategy targeting young members and other professionals as it seeks to deepen financial inclusion and scale its asset base.
The Sacco, which began in 1976 as a small teachers’ savings initiative in Kerugoya with just five members, has grown into a Tier One financial cooperative regulated by the SACCO Societies Regulatory Authority, now serving about 46,000 members globally and operating 12 branches across Kenya.
Chief Executive Officer CPA John Gathige said the institution is targeting Ksh70 billion in assets and a membership base of over 60,000 in the coming years, driven by digital innovation and diversified membership beyond the teaching fraternity.
He said the Sacco is investing in mobile-based financial services to improve accessibility and convenience for members while maintaining its core mandate of providing affordable credit.
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During the celebration, Chief Guest Dr Nelson Kuria challenged savings and credit cooperatives to strengthen their lending frameworks to protect young people from exploitative digital lenders.
He also commended the Sacco’s governance and growth trajectory, noting its ability to remain grounded in member-focused values while expanding operations.
Young Members Ambassador Felista Wambui highlighted the Sacco’s impact, citing her own progression from a boda boda operator to a property owner through disciplined saving and access to affordable loans.
The Sacco said it will continue focusing on youth inclusion, financial literacy, and expansion into non-teaching professionals as part of its long-term growth plan.
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