Born in-house, built for KCB people since 1994.
A member-owned cooperative created by bank staff, for bank staff — grounded in savings mobilisation, affordable credit, and prudent management of members' funds.
Vision
To be the Sacco providing world class financial solutions.
Mission
Connecting people, ideas and capital, through attractive financial products, returns, excellent service and prudent application of funds to empower our members to greatness.
Motto
Save regularly, borrow wisely, pay promptly.
How Kencom Sacco began
A few staff of Kenya Commercial Bank — now KCB Group Kenya — decided to start a Sacco for members of the bank. That initiative gave birth to Kencom Sacco in July 1994 as a Sacco for KCB employees.
Today the society, known as Kencom Savings and Credit Cooperative Society Ltd, is one of the most successful in Kenya. Ownership is through membership: employees and former employees of KCB Group Kenya, our parent company and main partner.
The suitability of the founding idea is confirmed by the fact that Kencom Sacco has remained on a financial growth trajectory since its formation.
“Members needed loan facilities without providing tangible security as was a requirement by the main banking stream, and they believed that such loans could only be provided efficiently and urgently by an in-house Sacco.”
What we set out to do
Promote savings
Mobilise regular and voluntary savings from members across all regions.
Affordable credit
Provide credit facilities quickly, fairly, and without demanding tangible security.
Advisory services
Offer non-financial advisory, member education, and continuous training programmes.
What guides every decision
Kencom Sacco at a glance
Benefits of belonging
The people behind our growth
Loyal members
Member loyalty remains the single largest contributor to our achievements.
Solid leadership
Steered by a central management committee elected by members.
Committed staff
A team that has worked tirelessly and with zeal to serve members.
KCB Group Kenya
Our parent company and main partner, whose immense support continues to underpin our growth.
A modern Sacco platform
The Sacco has procured, trained on, and implemented new Sacco software, enabling both staff and members to access and produce information at their convenience.
The system handles reconciliation, delinquent loan tracking, timely reporting, and fraud mitigation, and it interoperates with other systems within and beyond the organisation — anchoring a robust risk management programme embedded across all procedures and processes.
Member education
As a core cooperative principle under the Cooperative Societies Act, we run continuous education and training for members, staff, and leaders. In 2017 the society trained members on Sacco products and services across all regions, and training continues on a set schedule.