Wakadiri Sacco provides loans to its members at reasonable interest rates.
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.
35
YEAR OF EXISTENCE
AND COUNTING…
Wakadiri Sacco Society Ltd Was Legally registered in Kenya Under the cooperative Societies ACT cap 490, laws of Kenya as a savings and credit cooperative society. It was founded on 6th August 1986 by professionals who were largely valuers.
As at December 2016, the Sacco had 264 Members with a deposit base of about 54 million and a share capital base of 2.3 million. Its current members are mainly drawn from real estate companies, independent consultant and private members.
To give loans to members for provident and productive purposes at fair and reasonable rates of interest;
To offer to the members complementary savings and credits in form of withdrawable savings services and a diversity of other financial products as may be desired by members;
To promote thrift among members by affording them an opportunity to accumulate savings