Unaitas Sacco Society Ltd has reported a 76% increase in its surplus for the year 2024, reaching Ksh. 1.59 billion.
This was revealed during the Sacco’s 32nd Annual General Meeting, which took place in Nairobi on Friday, March 28, 2025.
The Sacco's board has proposed an 11% dividend for the year, in line with the positive financial performance.
Its total asset base grew by 15%, standing at Ksh. 26.1 billion, with the growth attributed to increases in loans, member deposits, and retained earnings.
Member deposits saw a rise of 16.6%, reaching Ksh. 14.7 billion, while loans and advances grew by Ksh. 1.7 billion, marking a 10% rise from 2023.
The increased credit activity was observed across several sectors, particularly in mortgages, real estate, agribusiness and the SME sector.
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”