Ollin Sacco newly launched Thika branch will play a significant role in transforming residents livelihoods,
The Sacco has traditionally built a reputation of setting the pace in the provision of quality financial solutions in all the areas it operates.
Thika town residents and Kiambu County at large will now enjoy financial services tailored to their individual needs closer to home. Ollin Sacco members benefit from a wide range of savings accounts that earn them competitive interest rates monthly and annually. The Sacco also offers products such as call deposit account that allow members to save daily and earn interest daily.
In addition, the Sacco also provides members with investment opportunities enabling them to grow their revenue streams.
All development goals are achievable with Ollin as the Sacco offers competitive loan products that are cheap and instant, where members apply and get their loans daily. These affordable credit facilities include group loans, business loans, estate loan, buy-off loans, secured loans, stop-gap loans, alpha (Karibu) loan, mapato loans, Agri loans, E-loan, and education fund.
Every year, the Sacco conducts extensive education and training sessions in January to adequately equip members with financial management skills and knowledge about Sacco’s services and products.
“At Ollin Sacco, we ensure you not only invest but also grow your money,” said the Sacco CEO Mr John Gathige. Speaking during the launch of the Thika branch he said the Sacco will work together with the County Government of Kiambu to uplift residents socially and economically.
Mr David Wamwea, Kiambu minister for Trade, who was the chief guest, noted thst the Sacco will play a significant role in uplifting residents livelihoods.
“We assure new Ollin Sacco members that we will take care of them during their working year and when they retire. We believe that members are our everything,” said Mr Albert Ndegwa, the Sacco National Chairman.
With over 500 members, when it was launched Ollin Thika branch is growing rapidly thanks to the Sacco’s unique and strong brand.
Started over 45 years ago, Ollin is the Sacco for all, owing to its diversified products and services. The tier one Sacco is regulated and licensed by the Sacco Societies Regulatory Authority (SASRA).
A trailblazer in many fronts Ollin Sacco, which has over 17,000 members, has been setting the pace in the Sacco subsector having initiated the FOSA in 1995. Ollin’s story has always been about innovation.
“We grow with our members. Today we have eight branches and over 50 active agents,” said Mr Gathige.
Ollin Sacco has transformed members’ socio-economic lives, fully computerized Sacco operations, connected to Visa-branded ATM network. Members also enjoy secure and convenient mobile banking (USSD *645# or Ollin Kash mobile app) anytime and anywhere.
A Sacco of choice for many, Ollin stands out for having good corporate governance and leadership and management policies. Its top leadership is rotational every three years.
With high liquidity stability presently, Ollin Sacco’s growth target by the year 2025 aims at achieving Ksh15 billion in asset base, 16 branches, 40,000 members, and Ksh 2.5 billion in revenue.
