ADDING VALUE TO LIFE
The radiant smiles of the thousands of members gathered at St. Mary’s Catholic Cathedral Grounds in Murang’a told a story of more than just a meeting; they reflected a deep sense of hope and achievement. The occasion was Mentor Sacco’s 49th Annual General Meeting (AGM), a day dedicated to reviewing the Sacco’s financial performance for the year 2025 and forge the way forward.
The past year was defined by impressive growth, translating directly into improved annual returns on investment for the Sacco’s membership. As the Sacco continues its mission to “Add Value to Life,” the financial milestones presented during the meeting proved that this promise is being kept.
Presenting the annual report, the Sacco Board of Directors Chairman, Mr. Eliud Mbugua, revealed that the Sacco’s total revenue surged by 18.2%, reaching a historic Ksh 2.55 billion in 2025. This growth was matched by a jump in profitability, with the surplus before tax rising by 23.2%.
For the members, this success resulted in a literal windfall. Total members’ earnings for the year grew by 17.5% to Ksh 1.64 billion. This payout included a 12.5% interest on non-withdrawable deposits and a 15% dividend on share capital—rates that remain among the most competitive in the industry.
The surge in turnover was primarily driven by an increased demand for credit. By offering quality loan products at competitive, single-digit interest rates, Mentor Sacco has empowered its members to pursue economic expansion. In 2025, the Sacco’s loan book grew by 21%, rising from Ksh 11.6 billion in 2024 to Ksh 14.1 billion. These funds have become a vital lifeline for members looking to transform their lives.
Members Empowerment
“I am incredibly grateful to Mentor Sacco for coming through right when I needed to boost my business,” said Jane Njoki, a Sacco member. “Their affordable loans helped me establish myself and improve my financial status. The loan products are user-friendly and accessible to everyone. Mentor Sacco truly adds value to our lives.”
For Elias Ndungu, the Sacco has been a fundamental pillar of his personal development. “Looking back, I don’t think what I have achieved would have been possible on a teacher’s salary alone,” he shared. “The Sacco has supported me in so many ways—from building my family home and educating my children to constructing commercial properties. Mentor Sacco has been my financial pillar.”
These inspiring success stories continue to draw more people into the fold, while deepening the bond between Mentor Sacco and its members. Last year, Mentor Sacco’s membership grew by 16.9%, bringing the total number of members to 55,531.
“Our goal is to change the lives of our members,” said the Sacco Chairman, Mr Mbugua. “‘Adding Value to Life’ is not just a marketing mantra; we live it. Our operations are guided by a human-centered business model that prioritizes people over profit. This is what differentiates us from the rest.”
As it scales the ladder of the country’s top-performing financial institutions, the Sacco’s financial foundation remains rock solid. Total assets grew by 17.2% to hit Ksh 18.47 billion last year, highlighting a robust capacity for asset accumulation.
“The Sacco has maintained strong capital adequacy, consistently complying with the SASRA minimum prescribed ratios,” Mr. Mbugua noted. “This ensures the long-term stability and security of our members’ investments.”
With intensified member education and training, the Sacco was able to grow members’ deposits to Ksh13.56 billion last year, up from Ksh11.15 billion in the previous year.
“Im 2025, increased member participation, enhanced institutional stability, improved liquidity strengthened our capacity to serve members effectively even in prevailing difficult economic environment,” said the Chairman.
“Our goal is to change the lives of our members. ‘Adding Value to Life’ is not just a marketing mantra; we live it. Our operations are guided by a human-centered business model that prioritizes people over profit. This is what differentiates us from the rest.”
~ Mr. Eliud Mbugua, Chairman.
A Paperless Sacco
With a half-century of service on the horizon, Mentor Sacco stands as a testament to the power of the cooperative movement in driving tangible economic change for thousands of Kenyans. This legacy is now being fortified by a bold leap into the digital age.
CPA Joyce Ndegwa, the Sacco CEO, emphasized that the institution is aggressively utilizing technology to serve members with greater convenience and efficiency.
“By leveraging technology, we have reduced operational costs and channeled those resources toward improving member value and sustainability,” CPA Ndegwa explained. “We will continue to introduce user-friendly digital services as we march toward our goal of becoming a paperless Sacco.”
The CEO reassured members that while the Sacco is modernizing, its core values remain firm. She noted that Mentor Sacco remains committed to responsible lending—a strategy that supports economic empowerment while protecting the institution’s long-term financial health.
“Our focus going forward remains sustainable growth, enhanced member value, regulatory compliance, and prudent risk management,” she added.
This vision of a “future-ready” institution was echoed by Mr. Peter Mwangi, the Supervisory Board Chair. He noted that the Sacco’s strategic focus on innovation, youth engagement, and product diversification has placed it on a clear upward trajectory.
A Model for the Nation
The Sacco’s impact has not gone unnoticed by the government or the wider financial sector. Hon. Paul Mugo, the Murang’a County Executive Committee (CEC) Member for Trade, Industry, and Cooperatives, lauded Mentor Sacco for its leadership in the local economy.
“As a county government, we are pleased by the Sacco’s contribution to building a better tomorrow for our people,” said Hon. Mugo. “We will continue partnering with the Sacco to transform lives across the region.”
Industry peers also offered high praise. Mr. Vincent Marangu, Director of the Co-operative Banking Division at Co-op Bank, described the Sacco’s exponential growth as a masterclass in good management.
“Mentor Sacco is a model for others. Do not drop the ball,” Mr. Marangu urged the leadership.
This sentiment was shared by KETSA Chairman Mr. Robert Njue, who noted that the Sacco has evolved into a national benchmark, setting the standard for how cooperatives should be run in the 21st century.
As the 49th AGM drew to a close, the atmosphere remained one of triumph. For the members of Mentor Sacco, the future looks as bright as the dividends they took home.
Mission
To mobilize savings and provide credit to our members by offering quality products and services at competitive rates to enhance their economic and social growth.
Our Vision
To be the Leading Sacco in Social-Economic Transformation in Kenya and Beyond.
“We will continue to introduce user-friendly digital services as we march toward our goal of becoming a paperless Sacco.”
~CPA Joyce Ndegwa, CEO.
FIGURES
- Total Payout, Ksh 1.64B
- 15%, Dividends Rate
- Ksh 18.47B, Asset Base
