About Centenary Sacco
The first Sacco in the Diocese of Meru was established in late 1970’s by the late Fr Salesius Kirianthia (RIP). Diocese of Meru Savings and Credit Co-operative Society, Centenary Sacco was later registered in the year 2003.
The idea of having the Society was first thought of in 1999, due to the need of having convenient, efficient and fast services. Through the assistance of the Bishop and officers from the Ministry of Co-operative Development, the dream was achieved on 18th March, 2003 when the Sacco was registered.
Centenary SACCO is a Savings and Credit Co-operative Society for all people irrespective of their economic status.
The idea of having the Society was first thought of in 1999, due to the need of having convenient, efficient and fast services. Through the assistance of the Bishop and officers from the Ministry of Co-operative Development, the dream was achieved on 18th March, 2003 when the Sacco was registered. In 2009 the Sacco opened her first FOSA offices in Meru town along meru nanyuki road at Intercity Centre. The Sacco has seen her membership grow from 800 members in 2008 to over 30,000 members to date. We continue to expand our areas of operation to other major towns including Chuka town and Kinoro.
What we Are
Centenary SACCO aims at bringing cheap credit facilities, credit management skills and drive its members to economic prosperity from whatever economic status.
It seeks to demonstrate that, lending and training members can transform peoples lives and foster self satisfaction.
We believe peoples of different walks of life i.e. employees, small scale entrepreneurs, farmers, casual laborers, Juakali, traders, retirees e.t.c are crucial parts of the economy and needs to be supported at minimum cost.
This in turn will grow the economy of the entire country.
Membership and Governance
Our current membership is over 30,000 members while projecting at registering over 60,000 members in the next five year.
This will be achieved through our relentless efforts to accommodate new members from different levels of the society and our improved products in the market that suits all irregardless of our diverse social backgrounds.
The SACCO is governed by the members through resolutions made during the Annual General Meeting and the Board of Directors elected among the members during the Annual General Meeting.
The elected Board elects the SACCO officials amongst themselves.
Experience the difference of home banking. What you’ll quickly discover is that our focus is on you and taking the time to get to know you and your needs. We build long-term relationships and partner with our Members by delivering superior and personalized service.
At CENTENARY SACCO, we continue to be committed to providing our members the best value for their money in terms of low interest rates, competitive savings rates, new branch offices, 24/7 online/mobile and phone support, and convenient access to your money.
You can be rest assured that CENTENARY SACCO remains strong and growing and has the proven strength to serve our growing base of over 6,000 members, with an asset base of over Ksh 120 million in assets.
Because CENTENARY SACCO is profitable, and continues to grow, we can continue to offer plenty of options to help our members.
At CENTENARY SACCO, our focus is not on profits, but on your best interests hence the motto “Ushirika with a difference”.
..Not for profit, not for charity, but for service to members.
- At CENTENARY SACCO, members are owners, not just “customers.” Members control their SACCO; each member has one vote. Only members can use their services.
- CENTENARY SACCO volunteer representatives serve on boards of directors, credit committees and supervisory committees.
- CENTENARY SACCO is nonprofit—surplus funds return to members as dividends, reduced loan interest and service improvements.
- CENTENARY SACCO help her members gain economic independence, no matter their income, and educate their members in finance and current events.
- CENTENARY SACCO cooperates with other Co-operatives worldwide, out of concern for their members.
To effectively mobilize resources, providing market led financial solution to our members with a strong commitment on social-economic change.
To be the leading Sacco nationally providing financial services.
Our Executive Team
SALOME G. ROMANO
HEAD OF FINANCE
RAPHAEL AMOS MWENDA
MANAGER CHUKA BRANCH
MANAGER MUTUATI BRANCH
MANAGER MARIMANTI BRANCH
MANAGER KINORO BRANCH
MICHAEL MBAABU K.
CHAIRMAN CENTENARY SACCO
VICE CHAIRMAN CENTENARY SACCO