BILLIONS IN GROWTH, RECORD PAYOUTS
There is nothing more encouraging than having a reliable financial pillar to support one’s development goals, no matter how small. For Sacco members like Alice and Thomas, Imarika Sacco has been a game-changer, enabling them to build their lives from scratch.
“It is not that I have attained all my goals, but step by step, the Sacco is holding my hand. I am able to access credit on friendly terms and invest in my growth,” says Alice. Similarly, Thomas found a new lease on life after joining the Sacco; his savings improved, and financial literacy training transformed his approach to money.
Imarika Sacco operates on a core mandate of socio-economic empowerment. Beyond offering credit, the institution places a strong emphasis on capacity building. Through continuous training and member sensitization, the Sacco nurtures financial literacy, business management skills, and an entrepreneurial mindset—essential ingredients for economic growth. These initiatives have enabled members to diversify their income streams, sustain enterprises, and actively participate in the region’s economic transformation.
Today, Imarika has emerged as one of the coastal region’s most trusted financial partners. Headquartered in Kilifi, its strong physical presence across the region makes it a key driver of local empowerment. From micro and agribusiness loans to development, education, and investment facilities, the Sacco’s tailored products have opened financial doors for entrepreneurs, farmers, and families.
“Our goal is to ensure that our members live their dream lives. When we take care of their financial needs, they become more productive and are able to meet their life goals,” says Mr. John Ziro, Chairman, the Sacco’s Board of Directors.
“Our goal is to ensure that our members live their dream lives. When we take care of their financial needs, they become more productive and are able to meet their life goals.”
John Ziro, Chairman
Exemplary Financial Performance
Driven by excellent service delivery, Imarika Sacco recorded exemplary financial growth across the board in 2025. The Sacco maintained a robust positive balance sheet, with its total asset base growing by 11% to reach Ksh 16.135 billion, up from Ksh 14.57 billion the previous year. Turnover increased by 10%, rising to Ksh 2.488 billion from Ksh 2.268 billion in 2024. Consequently, members enjoyed highly competitive returns, earning an interest rate of 10.25% on deposits and a 15% dividend on shares. The total annual payout improved significantly, reaching over Ksh 1.08 billion compared to Ksh 923.5 million the previous year.
Member deposits also saw significant growth, increasing by 12% from Ksh 9.35 billion in 2024 to Ksh 10.46 billion in 2025. Meanwhile, the loan and advances portfolio grew by 11%, rising from Ksh 12.64 billion to Ksh 13.99 billion. This conspicuous financial empowerment continues to attract new members, with total membership expanding to 185,199 last year as management intensified its recruitment of quality members.
The Sacco achieved all the key ratios complying with regulatory standards. It successfully conducted a share drive to strengthen its capital and liquidity.
Technology and Innovation
At the core of Imarika’s continued success is technological innovation. The institution has made extensive progress in upgrading its web portal and mobile banking services, allowing members to access services comfortably from anywhere, at any time.
“We started the process of upgrading our core banking system and will be finishing it this year. Our focus is to leverage technology, as this is the future,” Mr. Ziro noted during this year’s Annual Delegates Meeting (ADM).
Government Recognition
The Sacco’s impact has not gone unnoticed by local leadership. Speaking as the Chief Guest at the ADM, Kilifi County Executive Committee Member (CECM) for Trade and Cooperative Development, Hon. Raymond Ngala, commended Imarika for its role in poverty eradication.
“The County Government firmly recognizes the indispensable role that cooperatives play in driving economic empowerment and wealth creation at the grassroots level. As a department, we remain fully committed to fostering an enabling environment where the Cooperative Movement can thrive, grow, and sustain itself for generations to come,” he said.
Hon. Ngala revealed that the county is working on establishing a Cooperative Enterprise Fund designed to strengthen Saccos through affordable financing and targeted capacity building.
“We appreciate Imarika Sacco for ensuring our county residents can access quality financial solutions that are changing thousands of lives,” he added. The event was also attended by the Director of Cooperative Development, Ms. Mary Mukare, and Deputy Director, Mr. James Mwasi.
Beyond Banking
Ranked by SASRA as the 15th largest Deposit-Taking Sacco nationally, Imarika has come a long way since its inception in 1974. With eight branches, a robust agency network, and digital channels including Paybill 4404404 and mobile banking (*645#), it continues to bring banking to the unbanked.
Beyond financial services, Imarika remains deeply committed to its community. “We are not only supporting members financially but also touching lives through our Corporate Social Responsibility (CSR) initiatives, which include education sponsorships, environmental programs, and community empowerment projects. By investing in people—especially the youth and women—the Sacco strengthens the very social fabric that supports sustainable development, thus unlocking growth,” said Imarika Sacco CEO, Mr. George Yongo.
“We are not only supporting members financially but also touching lives through our Corporate Social Responsibility (CSR) initiatives, which include education sponsorships, environmental programs, and community empowerment projects. By investing in people—especially the youth and women—the Sacco strengthens the very social fabric that supports sustainable development, thus unlocking growth.”
~ Mr. George Yongo, CEO
Vision
The trusted Sacco of choice for all
Mission
To provide accessible, innovative, competitive and reliable financial solutions in order to empower our members’ social economically.
