Tower Sacco members shared a massive Ksh 2.88 billion windfall following the Board of Directors’ announcement of a 20% dividend on shares and a 13% interest rebate on deposits. This record payout coincides with the Sacco’s Golden Jubilee, celebrating 50 years of financial empowerment and steady growth since its inception in 1976.
The impressive payout is backed by a year of robust financial performance. In 2025, Tower Sacco saw its total revenue surge by 22% to reach Ksh 5.28 billion. According to the institution’s audited financial statements, the surplus before tax also witnessed a significant jump, rising by 23% to hit Ksh 1.29 billion.
The Sacco Board Chairman Mr Peter Ngugi attributed the success to the Sacco’s unwavering values. “Tower Sacco has remained resilient and committed to its strategic objectives,” he said.
A Legacy of Growth
The Sacco’s journey began five decades ago when a group of visionary teachers established the institution to provide a reliable financial platform for their peers. Today, it has evolved into one of Kenya’s largest and most successful Saccos, serving as a safe haven for savings and a primary source of affordable credit for diverse investment needs.
The institution’s lending arm remains a key driver of its success. In 2025 alone, the Sacco disbursed Ksh 16.38 billion in loans—a six percent increase from the previous year. This pushed the total loan portfolio to Ksh 25.15 billion by the end of December 2025, up from Ksh 21.5 billion in 2024.
“We have seen a high demand for our competitive credit facilities. We encourage members to continue utilizing our diverse loan products to meet their financial goals,” Mr. Ngugi added.
Transforming Lives
By offering affordable credit, Tower Sacco continues to play a pivotal role in the economic transformation of its members. Whether it is starting a business, acquiring a home, funding education, or developing commercial property, the Sacco has positioned itself as the “perfect home” for those seeking long-term economic growth.
As it celebrates its 50th anniversary, Tower Sacco’s combination of high returns for members and a solid loan book cements its reputation as a premier financial partner in the Kenyan cooperative movement.
