SACCO Chairman addressing Members during SGM-2016
Financing Youths groups to build Hostels and Rental houses
Members plant trees to commemorate Ushirika Day Celebrations
SACCO donates Text Books to Joy Adventist Primary School-Njoro.
Members Being served at our Main Banking Hall
Mau-Egerton Cross Country
SACCO Participants during Mau-Egerton Cross Country 2017.
Empowering members to start self sustaining projects
Welcome to Egerton University SACCO.
Egerton University Savings and Credit Society was formed and registered 0n 10th March, 1975 under the Co-operative Act cap 490 Registration No. Cs/2314.
Egerton Sacco was First licensed on 15/06/2012 by SASRA (Sacco Societies Regulatory Authority) under the new Legal Framework of the SACCO Societies Act 2008 to operate Deposit taking business in Kenya. We have renewed our license to operate business for the year 2017.
The new law applies only to SACCOs that provide banking services, (FOSA) or those that wish to offer these services in the future. These are SACCOs which accept deposits from members on a day-to-day basis.
Egerton Sacco has achieved steady growth over the years. Since its inception, Egerton University SACCO has experienced growth in its membership, share capital, members deposits and advances. The society’s membership stands at over 5,000 with accumulated Shares and Deposits in excess of Kshs. 1.5 Billion and our current loan portfolio stands at over Kshs. 1.6 Billion. Our gross turnover as at 31st December, 2015 was in excess of Kshs. 280 million.
- Total Asset Base- over 2.4 Billion
- Highest saver- Over 5 Million
- Highest individual loaned- 6 Million
- Highest group loaned- 12 Million
The SACCO draws its membership from diverse institutions namely Egerton, Kisii, Laikipia, Kabarak, Masinde Muliro, Chuka, Kabianga, Karatina,Pwani, Maseno and Mount Kenya Universities, RVIST, Nakuru County Government, Primary and Secondary schools and members of the community.