The Imarisha Sacco Society increased its loan book disbursement by 16.8% in 2022, owing mostly to an increase in membership from roughly 136 000 to 191 000, or over 56,000 more than in 2021.
By the end of the period, the member deposit had increased to KSH 14.08 billion, up from KSH 11.7 billion in 2021, and the sacco’s asset base had increased to KSH 19.82 billion.
“I attribute to the success of our imarisha sacco to the confidence, community and the Kenyans at large do have with our sacco. That growth of 18 percent was done by our marketers , our members and customers who have also come on their own to request for registration because of the good nsme we have in Imarisha,” Matthew Rotich, CEO – Imarisha Sacco.
The sacco asserts that it is focusing on obtaining a banking system in order to ensure a smooth flow by automating operations to boost its performance.