Hazina Sacco, a financial institution committed to transforming communities across the country, has been making a positive impact through its extensive Corporate Social Responsibility (CSR) programs. The Sacco has been investing in education, social support, and infrastructure development to enable prosperity for the less fortunate in society and prepare future generations for success.
One of the primary ways Hazina Sacco achieves this goal is by supporting education. Its CSR programs in education cover a broad range of initiatives, including improving school infrastructure, providing scholarships and bursaries, and establishing mentorship programs. The Sacco has been providing scholarships to bright but needy students, thus enabling deserving students to access quality education and realize their full potential, overcoming the pangs of poverty and promoting equality of opportunity.
The Sacco has been at the forefront of improving school infrastructure across the country, helping schools build modern classrooms, libraries, lavatories, and laboratories that provide a conducive learning environment for students. By creating a friendly learning environment, the Sacco is significantly improving learning outcomes.
Recently, the Sacco handed over a complete ablution block to Tutu Primary School in Kiambu. Mr Evans Kibagendi, Sacco National Chairman and Chief Executive Officer Mr Dickson Okungu, led the Sacco directors and staff in the official launch of the facility in the event that culminated with tree planting activity at the school compound.
“Every year, we set aside funds to support school projects at least in three counties. We decided to build this toilet block after learning the plight of students; it will make their learning environment better,” said Mr Kibagendi.
Nancy Njung’e, the school head teacher, noted the block was a big relief for boys who had a lot of challenges using a dilapidated toilet.
“At times, we had to request a neighbouring church to allow the boys to use their toilets. We are glad that Hazina Sacco came to our rescue. We are urging other well-wishers to support the school as we still need extra classrooms and a laboratory,” said Mrs Njung’e.
Hazina Sacco’s CSR programs are not limited to education. The Sacco has also been providing social support to communities across the country. This support has included the provision of clean water, healthcare services, and the construction of housing units for the less fortunate.
Providing clean water is one of the critical initiatives Hazina Sacco has been implementing. The Sacco has been supporting communities that lack access to clean water to acquire water tanks, improving the health and well-being of the residents and reducing the incidences of water-borne diseases. Hazina Sacco has also been providing healthcare services to communities across the country, partnering with healthcare providers to offer free medical camps.
Hazina Sacco’s commitment to making a difference has made it a financial institution of choice for many.
Empowering Members Through Financial Literacy
Financial literacy is the foundation of financial security and success. Hazina Sacco’s success is derived from its good relations with members. Through nationwide education and training forums, the Sacco management is able to engage members, listen to them, and address their concerns.
Hazina Sacco’s education programs help members understand how to manage their money effectively, make sound financial decisions, and build wealth over time. The programs cover various topics, including budgeting, saving, investing, borrowing, and insurance.
Its financial literacy programs’ key features are its focus on practical skills and real-life scenarios. The programs are designed to be interactive, engaging, and relevant to members’ lives.
Hazina Sacco’s education programs are also tailored to different age groups and life stages and have significantly impacted members’ lives. Members participating in the programs have reported increased confidence in managing their finances, improved financial behaviours, and better financial outcomes. The programs are an important example of how Saccos can positively impact their members and communities, strengthen their relationships with members, increase member loyalty and retention, and enhance their reputation as a trusted financial partner.
The Sacco is helping members achieve their financial goals and build a brighter financial future, living up to its vision of being a leading Sacco in the provision of financial products and services and fulfilling its mission to provide prompt, quality and efficient financial services through effective mobilization of savings and prudent administration of credit for socio–economic advancement of members.
With 66 branches countrywide, the Sacco is among well-established financial institutions, with an exemplary performance ranking the ninth wealthiest deposit-taking Society nationally.
“The Sacco has an asset base of above Ksh14 billion asset base. We have continued to do well, and members can expect good annual results that will be announced during the Annual Delegates Meeting,” said Mr Okungu, the CEO.
Nairobi County Co-operative Director Dolphine Aremo noted that the Sacco’s good corporate governance and continuous engagement with members make it thrive.
The Sacco Societies Regulatory Authority (SASRA) regulated Society is committed to business integrity and professionalism in all its activities and is the best of choice for affordable credit facilities.
