Imarisha Sacco members benefit from Shs 6 billion loans

Imarisha Sacco Society Limited last year disbursed a total of over Kshs. 6 billion in loans to its members.

Out of the amount, Kshs 248 million was awarded towards SMEs beneficiaries to boost members who have ventured into businesses.

The Sacco Chairman Mr. Mathew Ruto who made the remarks during members’ education day held at Mogogosiek Township over the weekend, he added that the Sacco was financially stable and to date has no pending loans due to members.

Chairman Mr.Mathew Ruto addressing members

In order to cater for the increasing needs among members striving to diversify their income through businesses, the Chairman pointed out that micro-credit department has developed new affordable products for the employed and the agricultural community.

Ruto said the move was in line with society's strategy to meet the dynamic customer needs in the competitive financial environment.

Health care

Sacco customer care services to members

He at the same time announced that the society has increased its health product called Pongea social welfare cover from Kshs.1M to 1.2M and an additional Kshs.500, 000 for cancer cases to Kshs.1.5 M

He decried that families were spending a lot of money on health-related complications and that the Sacco has taken health care among members a priority. 

Imarisha Sacco which is ranked number at position 9 out of 137 deposit taking Saccos in Kenya with a member base of over 76, 000 and an active membership in the diaspora. It is currently operating in   8 branches and marketing outlets.