Police Sacco Tops Kenya’s Best Performing Sacco Rankings

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The National Police DT Sacco has been named Kenya’s best-performing savings and credit cooperative by leading research firm Microtrac Africa. Established in 1972, the Sacco has grown to serve around 72,000 members nationwide, boasting an asset base of KES 49 billion and a loan portfolio of KES 41 billion.

Known for its profitability, the Sacco has made significant contributions to community development, including constructing a stadium at the National Police Pavilion and participating in various affordable housing initiatives. The institution’s success is attributed to the effective leadership of CEO Solomon Angutsa, under whom it achieved a 74% mean performance rating.

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The Sacco’s embrace of technology has also played a crucial role in its top ranking, enabling members to access services conveniently via their phones.

In second place is Stima Sacco, which saw a 9% increase in its loan book for the year ending December 2023, amid a nationwide expansion. Harambee and Wakulima Saccos followed in third and fourth place, with mean ratings of 67% and 65.7%, respectively.

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Mike Nyaks.

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