MWITO D.T. SACCO SOCIETY Limited is a nation wide deposit taking Sacco established in the year 1979 under the Co-operative Societies Act Cap 490 Laws of Kenya as a limited liability society. Our main objective was and has been to promote savings and to provide affordable, diversified and timely credit facilities amongst our members. The Sacco initially drew its membership from employees of Kenya Wildlife Service, Tourism, Kenya Marine & Fisheries, and Fisheries Research institute. Subsequently, the Sacco opened its common bond to allow membership from other ministries, parastatals, state commissions, county governments, and the private sectors. Currently the Sacco is at 9,014 actively contributing members.
Mwito Sacco Society is regulated by the Sacco Societies Regulatory Authority (SASRA). The Sacco has grown to become a leading financial partner in the country with a growing membership, dynamic products, and steady dividends. The Sacco provides a variety of its services through the Back Office Service Activities (BOSA) and Front Office Savings Activity(FOSA)
The Sacco is a member-owned business and membership is opened to all residents, non-residents, and Kenyans anywhere in the world. The Sacco admits eligible individuals or groups for membership upon fulfilment of membership opening requirements. Membership is voluntary and open to all within the accepted common bond of association, that can make use of its services and are willing to accept the corresponding responsibilities.
“To be a world class financial service provider to our customers”
“To empower our customers through the provision of timely, affordable, efficient and diversified financial solutions”
- To promote thrift among its members by affording them an opportunity for accumulating their savings and deposits and to create thereby a source of funds from which loans can be made available to them for purposes of providence or production or both at a fair and reasonable rate of interest fixed from time to time by the general meeting.
- To provide an opportunity for each of its members to improve his/her respective economic and social conditions.
- To offer the members complementary savings and credit services and other financial products such as front office service or withdraw able savings/deposits accounts as may be required by members from time to time.
- To ensure safety and soundness of the members funds through risk management programme or any other appropriate insurance scheme.
- To ensure progress of its members by educating them continuously on proper use of credit.
- To perform all those functions and exercise those powers designated for savings and credit co-operatives societies under the applicable law for the benefit of members.
- To co-operate with other co-operatives in order to promote members interest and in furtherance of this object the society may affiliate to National Co-operative organizations.
- To perform within the relevant Law (The Act, the rules) and these By-Laws all those acts, deeds and things necessary to further enhance, promote or encourage members welfare and  approved by the Annual General Meeting.