Mwalimu National SACCO Ranked Best SACCO in Kenya by SASRA

By | August 29, 2021
A customer receiving services at a Mwalimu National Sacco's office. The Sacco has urged members to acquire the new Go-Mobile Application for faster services.

Mwalimu National SACCO (MNS) has been ranked the best performing Sacco in Kenya. The teacher owned Sacco remains the largest Deposit Taking, DT, SACCO in the country by total assets’ size which was posted at Kshs 57.73 Billion in 2020 compared to Kshs 52.73 Billion posted in 2019 and representing a 10.96% growth rate over the same period.

Stima Sacco emerged second with a total asset base of KSH41.05 Billion. At position three is the KENYA POLICE SACCO with an asset base of KSH39.05 Billion.

The comparative analysis also shows that M/S Trans-Nation SACCO Society Ltd, which has its head offices in Chuka Town, Tharaka-Nithi County registered the highest growth in total assets with a growth rate of 29.57% in 2020, which also saw it move from position 31 in 2019 to position 26 in 2020 among the large-tiered DT-SACCOs.

It thus displaced M/S Tower SACCO Society Ltd with head offices in Nyandarua County which had in 2018 and 2019 registered the fastest growth rates in total assets.

Latest ranking of all SACCOs in Kenya

PosNAME OF DT-SACCO SOCIETYTOTAL ASSETS (KSHS. BILLIONS)TOTAL DEPOSITS (KSHS. BILLIONS)GROSS LOANS (KSHS. BILLIONS)
1MWALIMU NATIONAL57.7341.4238.32
2STIMA DT-SACCO41.0531.1935.13
3KENYA POLICE39.0523.6733.17
4HARAMBEE32.5621.5322.24
5AFYA19.8815.1813.90
6METROPOLITAN16.737.6416.67
7UNAITAS16.578.9214.13
8IMARISHA14.169.8611.10
9UNITED NATIONS14.0810.718.42
10TOWER13.7310.5912.40
11UKULIMA12.749.1210.49
12INVEST & GROW (IG)10.485.997.27
13GUSII MWALIMU10.447.629.39
14BANDARI10.016.546.99
15HAZINA9.697.417.57
16IMARIKA9.346.267.76
17MENTOR8.926.786.58
18KENYA BANKERS8.586.526.31
19NEWFORTIS8.185.975.86
20BORESHA7.945.456.47
21KIMISITU7.666.015.67
22SAFARICOM7.476.036.05
23WINAS7.134.357.05
24COSMOPOLITAN6.955.565.34
25SHERIA6.724.835.97
26TRANS NATION6.624.806.27
27MOMBASA PORTS6.573.524.33
28KITUI TEACHERS6.524.745.64
29MAGEREZA6.354.563.37
30BINGWA6.213.233.95
31OLLIN6.024.084.87
32SOLUTION5.643.964.71
33WAUMINI5.264.114.26
34NACICO5.132.702.95
35USHURU4.853.863.28
36JAMII4.673.464.09
37K-UNITY4.603.342.91
38AMICA4.553.513.52
39KWETU4.382.402.15
40UNISON4.333.083.77
41MAISHA BORA4.263.282.86
42YETU4.192.602.98
43FORTUNE4.082.333.74
44CHAI4.032.843.29
45CAPITAL4.033.063.31
46NYATI3.792.393.15
47TAIFA3.682.712.08
48TEMBO3.612.542.56
49SHIRIKA DTS3.612.772.78
50KENPIPE3.392.412.96
51NDEGE CHAI3.282.362.69
52KENYA HIGHLANDS3.212.121.64
53TAI3.132.132.23
54KENVERSITY3.122.232.43
55NG’ARISHA2.941.332.24
56GDC2.882.142.46
57ASILI2.741.731.36
58THE NOBLE2.571.942.06
59QWETU2.401.691.89
60NAWIRI2.371.391.63
61NSSF2.341.521.64
62EGERTON UNIVERSITY2.301.551.58
63NATION2.241.711.55
64MWITO2.131.591.75
65BIASHARA2.071.381.66
66ARDHI2.041.601.68
67TRANS NATIONAL TIMES1.921.151.01
68SKYLINE1.831.321.06
69DIMKES1.761.421.51
70CHUNA1.721.320.92
71AZIMA1.711.051.15
72UKRISTO NA UFANISI1.691.401.23
73KINGDOM1.581.161.25
74WAKENYA PAMOJA1.510.800.79
75TRANS-ELITE COUNTY1.460.680.62
76SIMBA CHAI1.410.741.02
77WANANDEGE1.381.100.96
78WANANCHI1.370.950.81
79TAQWA1.361.210.94
80FARIDI1.350.821.15
81WANA-ANGA1.301.040.96
82UNIVERSAL TRADERS1.300.741.10
83DAIMA1.290.840.74
84SOUTHERN STAR1.240.880.93
85SMARTLIFE1.240.870.99
86ELIMU1.230.920.81
87ECO-PILLAR1.180.780.47
88CENTENARY1.170.910.94
89KITE1.060.620.46
90FUNDILIMA1.000.800.63
91TELEPOST1.000.450.31
92MAFANIKIO0.970.620.76
93MUKI0.900.650.62
94TABASAMU0.880.540.39
95SULUHU0.870.580.72
96AIRPORTS0.820.630.61
972NK0.810.660.57
98TIMES U0.810.580.66
99PRIME-TIME0.800.630.39
100K-PILLAR0.770.420.66
101GOOD HOPE0.770.540.11
102MAGADI0.730.540.61
103MMH0.710.400.54
104ORIENT0.700.410.18
105 SHOPPERS0.680.380.86
106TARAJI0.680.460.21
107BI-HIGH0.670.480.44
108COMOCO0.650.350.28
109DHABITI0.640.370.44
110THAMANI0.630.400.30
111KIMBILIO DAIMA0.620.410.44
112NYALA VISION0.620.460.44
113WAKULIMA COMMERCIAL0.610.430.48
114NAFAKA0.590.430.45
115VISION POINT0.570.410.26
116COUNTY0.550.250.39
117SUPA0.520.420.42
118JITEGEMEE0.520.370.14
119PATNAS0.510.170.19
120LAINISHA0.490.250.33
121GOLDEN PILLAR0.460.340.34
122SIRAJI0.450.350.34
123NRS0.450.340.28
124WEVARSITY0.440.300.35
125VISION AFRIKA0.430.300.37
126FARIJI0.420.250.26
127TABASURI DT0.420.290.31
128KENYA ACHIEVAS0.400.180.15
129BARAKA0.380.250.20
130UFANISI0.330.240.26
131TENHOS0.330.200.20
132SMART CHAMPIONS0.320.190.29
133MUDETE FACTORY TEA GROWERS0.310.220.20
134PUAN0.310.200.22
135KENCREAM0.300.220.23
136VIKTAS0.300.210.24
137LENGO0.290.210.21
138ACUMEN0.290.260.24
139STAWISHA0.270.180.21
140DUMISHA0.270.150.20
141WASHA0.250.200.21
142NYAMBENE ARIMI0.240.130.21
143STAKE KENYA0.230.150.12
144FORTITUDE0.220.140.18
145SOTICO0.210.150.17
146JOINAS0.210.210.23
147NDOSHA0.210.120.07
148LAMU0.210.130.09
149NYAMIRA TEA FARMERS0.210.140.09
150TRANS COUNTIES0.200.140.12
151ILKISONKO0.190.130.15
152NUFAIKA0.190.120.11
153JUMUIKA0.190.190.10
154KIPSIGIS EDIS0.180.120.16
155ENEA0.180.120.11
156AMMAR0.180.120.15
157KENYA MIDLAND0.170.050.06
158BARATON0.160.110.12
159KOLENGE0.160.100.07
160AGROCHEM0.150.100.11
161RACHUONYO TEACHERS0.150.110.11
162NANDI FARMERS0.150.080.11
163NANYUKI EQUATOR0.120.030.09
164JACARANDA0.120.070.01
165NEXUS0.120.090.09
166MWIETHERI0.120.070.08
167AINABKOI0.110.050.01
168UNI-COUNTY0.110.080.05
169THE APPLE0.090.040.06
170BIASHARA TOSHA0.080.040.06
171KORU0.070.050.03
172GOOD FAITH0.060.050.05
173VIHIGA COUNTY FARMERS0.060.030.02
174GOODWAY0.050.020.04
175UCHONGAJI0.040.040.04
.TOTALS627.68431.46474.77