Kencream Sacco

Kencream Sacco was formed in March 2002 by a group of Staff from New KCC. The society was formed mainly to promote thrift among its members by affording them an opportunity for accumulating their savings; and to thereby create a source of funds from which loans can be made to them exclusively for provident and productive purposes, at fair and reasonable rates of interest; thereby enabling them to use and control their money for their mutual benefit.

In order to achieve a solid base for growth, Kencream Sacco has opened membership to other organisations, organised groups and individuals. The society has enjoyed tremendous success such that as current it has over 1,200 individual members with capital base of over 180 million and an annual turnover of over 24 million.

The growth is expected to steadily rise with the expected opening of FOSA and aggressive marketing currently in place.