About
Nyati Savings and Credit Cooperative Society was registered in 1977 under the Cooperatives Societies Act by then employees of Securicor Security Services (K) Limited (currently G4S Security Services). In 2016, Nyati Sacco was licensed to conduct deposit taking business under the Sacco Society Act of 2008. Under the watchful eye and regulation of the Sacco Societies Regulatory Authority (SASRA), the Society continues to respond to the emerging and growing needs of members.
The objective of the society was to create a vehicle to promote a savings culture among the members and to lend out loans to the members for personal development, school fees and emergency expenses.
In the execution of its mandate as a savings and credit cooperative society, Nyati Sacco encourages thrift among its members by affording them an opportunity to accumulate savings and offers credit at a fair and reasonable rate of interest for development and other needs. The Sacco also offers financial services which serve the interests of members. Through a risk management program and continuous education of members, the Sacco ensures proper use of credit and security of members’ savings and investments.