Imarisha Cooperative Savings and Credit Society Limited, also known as Imarisha Sacco Limited, but often referred to as Imarisha Sacco, is a savings and credit co-operative society (Sacco) in Kenya, the largest economy in the East African Community.
Imarisha Sacco is a small financial services provider in Kenya. , it was the seventh-largest Cooperative Savings and Credit Society in Kenya, with total assets of approximately US$142 million (KSh21 billion). At that time, its membership numbered in excess of 250,000, with shareholders' equity of about US$37 million (KSh3.2 billion).
History The society was established in 1978, under the name: Kipsigis Teachers Sacco, with the support of two teachers' unions, namely the Kenya National Union of Teachers (KNUT) and the Kenya Union of Post Primary Education Teachers (KUPPET). With an initial membership of 100 teachers, the objective was to meet the financial needs of teachers, using funds mobilized from the members. In 2014, the society rebranded to its current name and began to accept members outside the teaching profession.
Ownership The shares of stock of Imarisha Sacco Limited are privately owned and publicly undisclosed.
Branches , the society maintains a network of branches at the following locations: Kericho Head Office - Imarisha Teachers Sacco Building, Nakuru-Kericho Highway, Kericho Bomet Branch - Imarisha Teachers Sacco Building, Bomet Bureti Branch - Imarisha Sacco Building, Sotik-Kericho Highway, Bureti Mulot Branch-Bomet-Narok Highway, Mulot Keringet Branch-Keringet Mall Awasi Branch-At Awasi-Chemelil Junction Ndanai Branch-Ndanai Enterprises Limited Building Nandi Hills Branch-Kolongei Building Narok Branch-Oltalet Mall ELdoret Branch-Zion Mall Building Nairobi Branch-Embankment Plaza Nakuru Branch-Salman Centre Kilgoris Branch-Along Olalui Road Kisumu Marketing Outlet-Swan Centre Fort-Tenan marketing outlet
See also Mwalimu National Sacco Unaitas Sacco Kenya Banks Kenya Economy
References
External links Kenya Eases Pain of Loan Defaulters, Alters Credit Bureau Rules