Together we Prosper
Breaking Financial Records While Uplifting Communities.
Hazina Sacco’s 2025 financial success tells the story of a pacesetter transforming lives and impacting communities far beyond an impressive balance sheet.
From the Coast and the Rift Valley to the Lake Region, Hazina Sacco has been a game-changer, making a meaningful impact on members’ lives and positioning itself as the Sacco of choice.
At the Sacco’s recently held 42nd Annual Delegates Meeting (ADM), delegates, the board, and management celebrated the performance of the financial year ending December 31, 2025, while charting the way forward.
According to its audited and approved financial statements, the Sacco has continued to grow steadily, strengthening its position year-on-year.
“Our asset base reached Ksh 18.71 billion in 2025, up from Ksh 16.87 billion in 2024. The Sacco recorded commendable growth across key financial indicators,” said Mr. Evans Kibagendi, the Sacco’s National Chairman.
Highlighting the Sacco’s success is its loan portfolio, which portrays an institution deeply rooted in socio-economic empowerment endeavors. The Sacco’s loan book jumped 12.5% to reach Ksh 12.97 billion last year, compared to Ksh 11.51 billion in the previous year.
To help stimulate loan uptake and enhance member value, the Sacco’s board and management have undertaken a comprehensive review of their product portfolio.
Ksh 18.7B
TOTAL ASSETS
17%
Dividend Rate
“This review has informed proposals for the improvement and repackaging of some of our existing products, as well as the introduction of new products designed to respond to the evolving needs of our members,” said Mr. Kibagendi.
He called for a collective effort in promoting loan uptake to solidify the Sacco’s financial position, enhance returns to members, and meet financial obligations comfortably and sustainably.
Besides providing affordable and accessible loans, the Sacco is also supporting members to cultivate a strong savings culture. Last year, members’ deposits grew to Ksh 13.42 billion, up from Ksh 11.08 billion in 2024.
“We have witnessed a steady growth in deposits over the past five years, and this is a testament to the loyalty, trust, and commitment of our members,” noted Mr. Kibagendi.
This notable growth was achieved despite the ongoing challenge of non-remittances from some employers.
Prudent financial management saw the Sacco’s total revenue rise by 9.6% to Ksh 2.28 billion. As a result, the Board proposed a final dividend payout at the rate of 17% on share capital and an interest rebate of 10.75% on deposits, held on a pro-rata basis. The total payout amounted to Ksh 1.46 billion, going directly into members’ pockets.
“Customer service remains at the heart of our operations, and we acknowledge the feedback received from members regarding phone calls and email responses. We take these concerns seriously and are putting in place measures to strengthen responsiveness.”
~ Mr Evans Kibagendi, National Chairman.
Top Ranking
According to the Sacco Supervision Annual Report released last year by SASRA, Hazina Sacco ranks as the 10th largest Deposit-Taking (DT) Sacco in the country, an improvement from its 11th position in 2024.
“Our 2023–2027 Strategic Plan is a defining blueprint for our growth and transformation journey that positions the Sacco for the next phase of accelerated and sustainable growth. Our performance continues to be anchored on four transformative pillars: Business Growth, Operational Excellence and Customer Experience, Human Capital Development, and Corporate Governance and Compliance. These pillars are not merely strategic themes but engines that will propel Hazina Sacco into its next chapter of resilience, innovation, and enduring member value,” said Mr. Kibagendi.
He noted that the Sacco remains committed to innovation, creativity, and member-centric communication approaches that will continue to drive growth and strengthen how it engages and connects with its members.
Excellent service delivery has also boosted membership growth, reaching a total of 35,289 members.
“We remain confident in the Sacco’s financial stability and optimistic about its sustained growth in the years ahead,” affirmed Mr. Kibagendi.
During the colorful ADM event, the highest Sacco member recruiters were recognized and rewarded.
Behind the Sacco’s exemplary growth is its leadership’s ability to connect with members and support them through extensive education and training programs conducted nationwide.
“Customer service remains at the heart of our operations, and we acknowledge the feedback received from members regarding phone calls and email responses. We take these concerns seriously and are putting in place measures to strengthen responsiveness, including enhancing call management systems, reinforcing our customer service team, and setting clear response timelines and accountability standards,” the Chairman added.
In the Sacco’s continued pursuit of good governance, operational excellence, and institutional sustainability, its Board of Directors has taken deliberate steps to strengthen the institution’s human resource framework.
Furthermore, the Sacco has continued to expand its outreach to bring services closer to members. It currently operates satellite offices in Siaya, Mombasa, Vihiga, and Kitale, bringing its total network to 66 offices countrywide.
Corporate Social Responsibility
In addition to providing excellent financial solutions, the Sacco actively engages in community projects. Last year, it donated and installed three 10,000-liter water tanks at Lunga Lunga Secondary School in Kwale, as well as two 10,000-liter water tanks and a solar pump—complete with a water source connection—at Mokowon Primary School in West Pokot.
“It has been our culture to give back to the community. In the spirit of touching every region from where we draw our membership, this year’s CSR activities will be extended to our Nyamira and Vihiga branches,” said Mr. Kibagendi.
Touching lives has made Hazina Sacco resonate deeply within communities across the country. These initiatives are seeds of positive change, destined to leave a lasting mark for generations to come.
“In the near future, every branch will have the chance to lead its own CSR initiative, ensuring that our commitment to uplifting communities reaches every corner of our nation,” Mr. Kibagendi revealed.
The Chief Guest at the event, Commissioner for Co-operatives Development Mr. David Obonyo, urged the Sacco to ensure it continually invests in robust ICT systems that are resilient, sustainable, fast, and secure.
“Hazina Sacco is steady and financially sound, which is a reflection of your collective effort and shared commitment. You must maintain good financial prudence and capital strengthening so you have a strong institution that can withstand any crisis, even in the future,” said Mr. Obonyo.
He commended the Sacco for remaining innovative and member-centric in all its service delivery. Other distinguished guests at the event included the Chief Officer for Cooperatives in Nairobi County, Mr. George Mutiso, and the Director for Cooperatives Development, Madam Dolphine Aremo.
“We remain the leading Sacco in the provision of sustainable financial services, ensuring we transform members’ lives through resource mobilization and the provision of competitive and innovative financial solutions,” said CPA Dickson Okungu, the Sacco CEO.
“We remain the leading Sacco in the provision of sustainable financial services, ensuring we transform members’ lives through resource mobilization and the provision of competitive and innovative financial solutions.”
~CPA Dickson Okungu, CEO.
