- Mentor Sacco has grown into a Tier 1 Sacco with over Ksh18.47 billion in assets.
- Members earned a 15% dividend and 12.5% interest on deposits in 2025.
- The Sacco is expanding through digital services, new products and membership growth
As Kenya joined the rest of the world in celebrating the International Day for Co-operatives on July 04, 2026 under the theme Building Bridges: Cooperative Contributions for a Peaceful World, the rich growth story of Mentor Sacco reflected one of the co-operatives that has been resilient throughout the its development journey.
The Sacco has lived to its vision of being a leading Sacco in social-economic transformation in the country and beyond, tasked with a responsibility of mobilizing savings and provide credit to its members by offering quality products and services at competitive rates to enhance their economic and social growth, a move that has made it to add value to life for its members.
Mentor Sacco started in 1977 as Murang’a District Teachers Co-operative Society, offering financial solutions to teachers within the original Muranga district, and by the end of 1978, the Sacco had a membership of 546, a total share capital of Ksh366,430 and an outstanding loan to members of Ksh270,856.
To date, the society has grown from a tiny organization to a Tier 1 SASRA-regulated deposit taking Sacco in Kenya and the most preferred Sacco within Murang’a County and the larger Central Region.
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The Sacco has also increased its presence in various locations in Kenya and currently has branches in Murang’a, Nairobi, Thika, Kenol and Ithanga towns. Mentor Sacco also has offices in Kangema, Kangari Kandara, Kiria-ini and Kahuro town centres.
As of December 31, 2025 Mentor Sacco had reported significant membership growth of 51,531 members, total asset had reached Ksh18.47 billion, with members’ deposits being at Ksh11.72 billion, Loans and advances to members was at Ksh14.09 billion, underscoring strengthened financial capacity and institutional stability.
Members got good returns on their investment this year where the Sacco paid a total of Ksh1.64 billion, translating to 12.5 percent interest on non withdrawable deposits and a 15 percent dividend on share capital.
The returns represented 64.3 percent of total revenue, highlighting the Sacco’s strong member focused orientation. Increased adoption of digital platforms by members improved service continuity and convenience, moving the Sacco closer to its goal of becoming a paperless institution.
Specialized products such as Mazao, FOSA and Golden Accounts recorded impressive growth, reflecting increased member confidence and successful product diversification. Capital adequacy ratios comfortably exceeded the minimum requirements set by the Sacco Societies Regulatory Authority (SASRA), affirming resilience and compliance with prudential guidelines.
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By offering diverse products, embracing digital transformation, and maintaining strong governance, Mentor Sacco continues to empower members economically while contributing to social development.
Mentor Sacco’s leadership under Eliud M. Mbugua as the Chairman and CPA-K Joyce W. Ndegwa as the Chief Executive Officer expressed optimism, citing continued innovation, youth engagement, product diversification and prudent risk management as key drivers of sustainable growth.
The Sacco offers a wide range of accounts, including the Golden Account, a retirement focused savings product where dividends are capitalized annually and funds accessed only upon retirement or withdrawal from the society.
Requirements include a copy of the National ID or Passport, KRA PIN certificate, payslip or employer letter, and a registration fee of KSh1,000. Members qualify for loans after six months of membership, though those channeling salaries through FOSA can access Fosa Imara loans within a month.
Mentor Sacco has emphasized member empowerment through education and engagement days, ensuring members understand products and services. Instant loans are available with repayment periods of up to two years at only 1 percent interest on reducing balance, demonstrating the Sacco’s commitment to affordability.
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Looking ahead, Mentor Sacco’s leadership is focused on sustaining growth through innovation, youth engagement, and prudent risk management. With assets exceeding KSh18 billion, membership surpassing 51,000, and a strong digital footprint, Mentor Sacco is well positioned to remain a bench mark of cooperative success in Kenya’s financial landscape.
Over the next five years, Mentor Sacco is looking to increase membership and her offerings so as to ‘add value to life’ to its members, consequently becoming ‘the leading Sacco in socio-economic transformation in Kenya and beyond.’
By Roy Hezron and Masaki Enock
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