TOGETHER WE PROSPER
“We are a listening institution. If a member faces difficulties in repaying a loan, we encourage them to come to us for deliberations and possible restructuring. We don’t just give money; we follow up with our members, build their capacity, and teach them where best to invest.”
~CPA John Gathige, CEO.
It was yet another year of celebration for Ollin Sacco members as the financial institution declared attractive annual returns following a stellar financial performance in the 2025 fiscal year.
During the Sacco’s 49th Annual General Meeting (AGM) held at the Kirinyaga University Grounds, the Board of Directors announced a dividend payment on shares at 17.5% and interest on non-withdrawable deposits at 12.2%.
Kutus town was a beehive of activity as members arrived at the AGM venue in high spirits. As the Sacco grows, its members are indeed “laughing all the way to the bank.” The Sacco’s gross revenue for the year under review surged by 19.5%, reaching Ksh 2.02 billion in 2025, up from Ksh 1.69 billion the previous year.
Exceptional Growth
Ollin Sacco registered impressive growth across all performance indicators. Total assets grew by 18.2%, rising from Ksh 11.67 billion in 2024 to Ksh 13.8 billion in 2025. The Sacco’s financial muscle was further strengthened by a remarkable 72.2% increase in share capital, which jumped from Ksh 656.6 million to Ksh 1.13 billion.
Despite a challenging economic environment characterized by elevated inflation, enhanced regulatory requirements, and increased taxation, the Sacco proved its resilience. Total member deposits grew by 18.8% to reach Ksh 9.17 billion, while monthly remittances rose by 10.2% to Ksh 585 million.
The Sacco’s commitment to providing affordable credit saw its loan portfolio expand from Ksh 8.9 billion to Ksh 10.59 billion. These funds have been instrumental in helping members achieve development goals, including homeownership, business expansion, farming, and education, among others.
Empowering the Member
“Ollin Sacco endeavors to empower members through well-thought-out programs designed to equip them with skills and knowledge. This scales up their socio-economic wellbeing,” said Mr. Cyrus Kabute, Chairman, the Sacco Board of Directors.
Beyond financial returns, the Sacco organizes Member Empowerment Forums focusing on mental wellness, personal financial management, investment strategies, and stress management.
Having established a modern data center to safeguard its digital infrastructure, Ollin Sacco is now positioned for its next phase of growth. Under its 2026–2030 Strategic Plan, the Sacco aims to: grow its asset base, increase its branch network, expand its agent network, and grow membership.
“We believe nothing is too hard for us to achieve. We can surpass our targets. I call upon all of us to support the Sacco. Together we prosper,” Mr. Kabute told members.
The Chief Guest, Mr. Simon Mburia, Senior Deputy Commissioner for Co-operatives, lauded the Sacco’s leadership. “The Sacco is headed in the right direction as a result of good governance and prudent management. This is the trajectory we want Saccos to take,” he noted.
The Supervisory Committee Chair, Ms. Edith Ngatia, confirmed that the Sacco remains in full compliance with all prudential guidelines set by the regulator (SASRA). This discipline has seen Ollin Sacco consistently clinch top awards at both county and national levels.
A Partner in the Financial Journey
Speaking during an interview with the media, the Sacco CEO, CPA John Gathige, stated that the Sacco’s primary goal is to foster a savings culture.
“At the end of the day, you get a return based on your individual savings. Nobody takes home the same amount,” Gathige explained.
He shared a powerful analogy on financial discipline: “Like I always say, money speaks. If you save me today, I’ll save you tomorrow. If you squander me today, I’ll squander you tomorrow.”
He urged members to live within their means and view the Sacco as a partner rather than just a business. “We are a listening institution. If a member faces difficulties in repaying a loan, we encourage them to come to us for deliberations and possible restructuring. We don’t just give money; we follow up with our members, build their capacity, and teach them where best to invest.”
In 2026, the Sacco plans to onboard members into the Olligen Insurance Agency and Coop Care solutions, offering various insurance covers in partnership with the CIC Group.
Established in 1976, Ollin Sacco has evolved into one of Kenya’s largest deposit-taking Saccos. Its membership is a diverse tapestry of primary and secondary school teachers, TSC staff, civil servants, private sector employees, and the business community.
Through fully computerized operations, mobile banking, and a Visa-branded ATM network, Ollin Sacco has modernized the banking experience, allowing members to manage their finances from the palms of their hands. With excellent financial services combined with Corporate Social Responsibility initiatives like free medical camps, Ollin Sacco remains a pillar of community transformation and economic independence.
“Our mission is to excel in everything we do. We are committed to delivering the most suitable financial products and services to our members. To support this, we have enhanced our financial literacy programs, empowering our community with the knowledge they need to make informed decisions,” said the CEO.
Ollin Sacco’s 2025 milestone reflects the growth, innovation, and collective vision that have driven it over the years. It has stayed committed to the mission of delivering financial solutions that empower members. The Sacco offers accessible, tailored loans and flexible savings plans, making it possible to fuel members’ goals without straining their cash flow. This has made Ollin the choice Sacco for many looking to grow financially.
Ollin Financial GROWTH Summary
| Financial Metric | 2024 (Ksh) | 2025 (Ksh) | Growth (%) |
| Gross Revenue | 1.69 Billion | 2.02 Billion | 19.5% |
| Total Assets | 11.67 Billion | 13.80 Billion | 18.2% |
| Member Deposits | 7.75 Billion | 9.17 Billion | 18.8% |
| Loan Portfolio | 8.90 Billion | 10.59 Billion | 19.0% |
| Share Capital | 656.6 Million | 1.13 Billion | 72.2% |
“Ollin Sacco endeavors to empower members through well-thought-out programs designed to equip them with skills and knowledge. This scales up their socio-economic wellbeing.”
~ Mr. Cyrus Kabute, Chairman.
