Imarisha Sacco Society Limited has reported remarkable financial growth, with its total assets rising to Sh28.14 billion for the year ended December 31, 2025, up from Sh24.58 billion in 2024. The announcement was made during the Society’s 37th Annual Delegates Meeting at Kebo Plaza in Kericho Town. Leaders attributed the performance to strategic management, digital transformation, and sustained member confidence.
Addressing the press, Imarisha Sacco Board Chairperson Mathew Ruto highlighted that the year unfolded amid inflationary pressures, regulatory adjustments, and rising member expectations, especially in digital service delivery. Despite these challenges, the Sacco successfully navigated the year, recording steady progress across key performance areas.
“The members’ deposits grew by 14.07 percent, from Sh17.98 billion in 2024 to Sh20.51 billion in 2025, while share capital increased by 12.77 percent, from Sh2.35 billion to Sh2.65 billion,” Mr. Ruto revealed.
He noted the Sacco’s loan portfolio rose by 19.14 percent to Sh23.09 billion from Sh19.38 billion in 2024, reflecting higher uptake of credit facilities by members. Membership also increased to 239,051 by December 2025, up from 233,646 the previous year.
On member returns, the Board recommended a historic dividend payout of 15.01 percent on share capital, totaling Sh398.5 million, alongside interest on deposits at 10.5 percent, amounting to Sh1.42 billion. The modest decline in interest on deposits compared to previous years was primarily due to the growth in asset base, which required higher statutory reserves per regulatory requirements.
“Our Members’ Welfare Fund and Pongea Medical Fund performed strongly during the year, collecting Sh162.2 million from monthly contributions of Sh400 per member. Of this, Sh50.8 million offset hospital bills, while Sh108.1 million went to loan write-offs, doubling deceased members’ deposits, and beneficiary payments, leaving a balance of Sh12.39 million to carry forward into 2026,” Mr. Ruto said.
Supervisory Board Chairperson Peter Sigei reported that dormant accounts reduced by 86 percent, demonstrating operational efficiency and enhanced member engagement. Total income turnover rose from Sh4.1 billion in 2024 to Sh4.6 billion in 2025, reflecting strong operational performance.
Mr. Sigei encouraged members to continue increasing voluntary share capital contributions, strengthening prudential ratios and financial stability. He also highlighted enhanced digital services, including biometric verification, two-factor authentication, mobile, USSD, internet, and agency banking platforms. Members can now access online statements, create fixed deposits, and use digital credit services, with the IMA loan limit increased from Sh2,000 to Sh10,000 for instant emergency funding.
A biometric registration exercise has been launched to strengthen member identification, improve data integrity, and prevent fraud.
The Society also announced plans to expand with the official opening of the Fort Ternan branch as a full-service FOSA outlet, along with marketing outlets in Migori and the planned Maralal branch to widen national presence.
Bomet Senator Hillary Sigei commended Sacco leadership, staff, and delegates for professionalism in managing members’ expectations. He emphasized the critical impact of the Sacco on over 240,000 members across 14 branches, touching on daily household needs such as school fees, medical bills, business expansion, and homeownership.
Senator Sigei praised the Sacco’s digitization journey, including biometric data capture and modernization of core systems, which enhances security and reassures members of institutional stability. He urged leadership to match growth with discipline, compliance, and accountability, emphasizing that fundamentals of accuracy, integrity, confidentiality, and respect for members must remain strong.
By Hillary Kemei
