Why Solution Sacco is the Sacco to watch out for in 2024

Solution Sacco Chairman Francis Murithi Rimberia speaking during the Solution Sacco 30th Anniversary celebrations

Solution Sacco in recent years has achieved an all-round growth stamping its legacy as being one of the very best Sacco in the Co-operative world.

The Sacco which has been in existence for over 30 years under the leadership of the Chairman Francis Rimbera, bagged the best trophy in credit management deposit taking Saccos category in last year’s 101st Ushirika Day celebrations.

Championing the Sacco’s vision “To Champion Social Economic Development of Our Members” it offers unique and quality financial solutions which has seen it financial book grow significantly over the years.

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The Sacco’s loan book currently stands at Ksh7 billion with plans underway to grow it to Ksh10 billion by the end of 2023.

It now boasts of an asset base of over Ksh 8 billion,  deposits of Ksh 5 billion and a membership of over 30, 000 from different sectors.

The Sacco paid dividends at 15 per cent and interest on deposits at 12.5 per cent.

 

By Vostine Ratemo

 

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