For years, the students at Lunga-Lunga Secondary School in Kwale County faced a daily battle that had nothing to do with algebra or physics. It was a battle for water. In this coastal sub-county, relentlessly battered by recurring droughts, the simple act of staying hydrated was a luxury, and the school’s resources were stretched to the breaking point. The thirst was real, and the distraction was palpable.
Then, the tanks arrived.
In a move that changed the daily rhythm of the school, Hazina Sacco donated three massive water tanks with a collective capacity of 30,000 litres. This intervention in Kwale was not an isolated act of charity. It was the heartbeat of Hazina Sacco’s operations in 2025: empowering people.
While 2025 will be recorded as a year of major successes, such as impressive financial performance for the giant institution, the Sacco’s leadership insists its true success lies in the human stories behind the numbers. From quenching thirst in the Coast region, helping members to become homeowners, to empowering investors to prosper, Hazina Sacco proved that a financial institution can prioritize people over profit and still thrive. From one member who expanded his hardware store, while another finally secured her family home, to one who broke ground on a commercial plaza. These distinct victories share one catalyst: Hazina Sacco’s exceptional 2025 performance. Redefining member satisfaction, the Sacco blended rapid financial solutions with compassionate customer care this year.
A Human-Centred Business Model
Operating under a philosophy that champions cooperative principles and ethos, Hazina Sacco has solidified its position among the best-performing Saccos in Kenya, as rated by the Sacco Societies Regulatory Authority (SASRA) in its annual report.
“Hazina Sacco will continue giving back to the community in various ways that empower people to uplift their lives,” says Mr Evans Kibagendi, the National Chairman. “Each year, we implement diverse projects across the nation. This year, we enhanced Lunga-Lunga Secondary School’s capacity for storing clean water.” The initiative drew praise from local leadership, including Kwale Governor H.E. Fatuma Achani.
The Sacco’s CSR footprint in 2025 was nationwide. Beyond Kwale, the institution has continued to heavily invest in schools’ infrastructure. For instance, in 2024, the Sacco delivered a complete ablution block to Tutu Primary School in Kiambu and donated furniture and learning materials to Lugala Secondary School in Kakamega County. With plans already underway for new projects in West Pokot County, the Sacco is systematically improving learning environments to prepare future generations for success.
Investors’ Confidence
While community impact provided the soul of the Sacco’s 2025 narrative, the financial metrics provided the backbone.
During the 2025 Investors Forum, an event designed to strengthen ties with top savers, the Sacco unveiled impressive figures. The institution’s asset base has surged past the Ksh 17.5 billion mark, with member deposits reaching Ksh 12.5 billion and a loan book standing strong at Ksh 12.4 billion. These numbers are not just statistics; they represent trust.
Speaking at the forum, Dr. Macdonald Obudho, the Sacco Vice Chairman, noted that the institution has remained resilient despite a challenging economic landscape.
“Your steadfast support over the years has empowered us to grow, innovate, and solidify our position as a leader in sustainable financial services,” Dr. Obudho told investors. “Despite facing economic challenges and rising member expectations, the Sacco has remained resilient. This is evident in the steady and progressive growth we have experienced.”
This resilience translates directly into member benefits. Hazina Sacco has maintained a reputation for high returns, consistently providing a 17 percent dividend rate on share capital and attractive double-digit interest rebates on deposits.
Expansion and Innovation
To support this growth, Hazina Sacco aggressively expanded its physical and digital footprint in 2025.
In a colourful ceremony in Vihiga County, the Sacco launched a modern satellite branch at Bridge House in Mbale town. The expansion is part of a strategy to bring services closer to members in Western Kenya.
“We are here in Mbale to effect positive change,” said the Sacco CEO, CPA Dickson Okungu during the launch. “Our Board of Directors prioritizes prudence and upholds good governance. We have secured our members’ funds, making Hazina Sacco the premier choice for those looking for better financial services nationally.”
However, brick-and-mortar branches are only half the story. Recognizing the shift toward digital banking, the Sacco revamped its loan products to suit the modern borrower. The maximum limit for the “Mobi-Loan”—an instant mobile lending product—was increased from Ksh 45,000 to Ksh 60,000. This adjustment offers members greater liquidity at their fingertips, proving that the Sacco is listening to market demands.
“We are focused on offering flexible services to our members,” Mr. Okungu added. “Hazina Sacco stands out because we are committed to listening. Creativity and innovation are our priorities.”
Empowerment Through Education
Financial liquidity is vital, but financial literacy is sustainable. In 2025, the Sacco rolled out nationwide education and training forums. These sessions moved beyond basic banking, teaching members how to budget, invest, and build long-term wealth.
The impact has been tangible. Members participating in these programs have reported increased confidence in managing their finances, leading to better loan repayment rates and higher savings. By demystifying money management, Hazina Sacco is helping members transition from simple savers to savvy investors.
As Hazina Sacco looks toward the horizon, it is guided by its ambitious 2023-2027 strategic plan. The blueprint emphasizes business growth, operational efficiency, and customer service.
With a network now spanning 66 offices and branches nationwide and a ranking as the ninth wealthiest deposit-taking Sacco in the country, the foundation is solid. The journey that began 54 years ago in a small office under a staircase at the old Treasury building with just six staff members has evolved into a Tier 1 financial powerhouse serving over 34,000 members.
For Hazina Sacco, 2025 was not just a year of profits; it was a year of purpose. Whether building classrooms, filling water tanks, or financing dreams, the message remained consistent: Together, we prosper.
“We have continued to do well,” assures CEO Mr. Okungu. “And members can expect good annual results.”
