Saccos add 480,000 new members amid growing confidence
The latest Sacco Societies Regulatory Authority SACCO Supervision Annual Report shows that total membership in regulated Saccos stood at 7.87 million in 2025, up from 7.39 million in 2024.
Kenyan Saccos added 480,000 new members last year, according to data released by the Sacco Societies Regulatory Authority (SASRA) in its SACCO Supervision Annual Report. The report indicates that total membership in regulated Saccos increased to 7.87 million in 2025, up from 7.39 million in 2024. This growth is attributed to the increasing confidence in the sector, as deposit-taking savings and credit cooperative societies experienced a 6.93 percent rise in membership, reaching 7.36 million.
Non-withdrawable deposit-taking Saccos saw a 2.22 percent membership increase, reaching 526,115. SASRA attributed the rise in membership to the authorization of three new societies and the ongoing member mobilization efforts by existing Saccos. However, the report highlights a concerning issue: dormant accounts in deposit-taking Saccos rose by 15.75 percent to 1.69 million.
SASRA emphasizes the need for proactive measures to reactivate these dormant members, suggesting the development and implementation of appropriate financial products and services. Moreover, the regulator calls for a comprehensive survey to determine the reasons behind this high rate of dormancy in the regulated Sacco sector.
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