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Imarika DT Sacco headquarters in Kilifi County on

Imarika Sacco assets hit Ksh16.1 billion as performance surpasses targets

Sacco ReviewApril 8, 202605 mins

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…

Kilifi unveils Cooperative Act to regulate Sacco activities

Sacco ReviewNovember 7, 2025November 7, 202505 mins

The Kilifi County government has unveiled Cooperatives laws that will help regulate activities and operations of Savings and Credit Co-operative Organizations (SACCOs) in the County. Mary Mkare who is the Kilifi County Director of Cooperative Development said that the new Kilifi County Cooperative Policy and the Kilifi County Cooperative Act once assent, will streamline the…

Kilifi’s Imarika Sacco gets new treasurer

Sacco ReviewApril 1, 2024April 1, 202403 mins

The vibrant Imarika Sacco Limited in Kilifi County has a new treasurer, Sylvester Charo. Speaking to Sacco Review in Kilifi town recently, Charo who has been the Imarika Sacco Secretary has replaced the former Treasurer, Reuben Gideon Kaphu who has retired from the teaching profession after attaining the retirement. While talking to Sacco Review from…

Kilifi based Imarika Sacco reports full-year 2023 results

Sacco ReviewMarch 2, 202402 mins

Kiliifi based Imarika Sacco recorded a net profit of KSh323.8 million for the year ending December 31, 2023. A year earlier it posted a net profit of KSh397 million. Total assets for the Sacco rose from KSh13 billion as compared to KSh11 billion in 2022. READ ALSO: Imarika Sacco gets a new chairman In itd…

Imarika Sacco announces job vacancies for 3 positions

Sacco ReviewNovember 30, 2023November 30, 202303 mins

Imarika DT Sacco, strategically situated in Kilifi town’s bustling Central Business District (CBD), has announced job vacancies at its Mtwapa branch. The public notice, released on November 28, states that the available positions are for a Recovery Officer (Grade 9), Office Assistant (Grade 9), and Teller (Grade 8). To qualify for the Recovery Officer role,…

How Ksh6M Sacco loan transformed retired KNUT Official’s Life

Sacco ReviewJuly 12, 2023July 13, 202306 mins

A loan of Ksh6 million from Imarika Sacco Limited turned around the life of a retired Kenya National Union of Teachers (KNUT) official Mwalimu Rasi, who is now living off the benefits accrued from the investments he made. Several consistent loans and repayments built his creditworthiness to a point he could borrow a huge sum,…

Retired teacher lauds Imarika Sacco for transforming her life

Sacco ReviewNovember 12, 2022November 12, 202206 mins

By Tsozungu Kombe Imariki Sacco, formerly Kilifi Teachers Sacco, continues to improve the livelihoods of its members through the variety of savings and loan products it offers. The Kilifi based Sacco has grown to be one of the best saccos in Kenya. Zafarani Mkawasi Chisenga, a member of Imarika Sacco, and a former chairperson of…

Imarika Foundation still strong on its pillar programmes

Sacco ReviewAugust 4, 2022August 4, 202206 mins

By Tsozungu Kombe Imarika Foundation, a brainchild of Imarika Sacco Ltd has received Shs 12 million from Imarika Sacco, its main sponsor, to support its five pillar programmes. Speaking during Imarika Foundation Annual General Meeting (AGM) held at Imarika Plaza Conference Hall in Kilifi town, Imarika Foundation Executive Director Mr. Peter Angore said the foundation…

Imarika Sacco’s ambitious plan to hit Shs20 billion asset base by 2026

Sacco ReviewJuly 7, 2022July 7, 202207 mins

By George Otieno Imarika Sacco Chairperson Mr. Renson Ndoro has said the society expects to have a total asset base of 20 billion shillings come the year 2026. The chairperson said this in a recent Imarika Sacco’s members education meeting where they were taken through the Sacco’s journey, educated on its various products and services,…

Sacco Diary

Sacco ReviewJune 21, 2021June 21, 202103 mins

Daniel Masha exits Imarika Sacco Imarika, a progressive Sacco that posts good performance gets new Chief Executive Officer (CEO) after the retirement of Daniel Masha who has been at the helm of the Sacco for the last 29 years (since 1992). He is succeeded now by George Yongo Ngala who was previously his deputy. Yongo…