“To be the leading and preferred SACCO of choice in mobilization of funds through well researched products and services in the Republic of Kenya”
“To provide well researched financial products and services to economically active Kenyans through well interlinked branches network for them to achieve their social economic needs.
WANANCHI SACCO is a capable and fast growing society located in Nyeri district, central province of Kenya. It was started in 1993 with only 827 members, two employees and a share capital of Ksh. 1.2 million. By November 2009, 17 years later it had grown to have30, 466 members, account holders, 13, 044, 73 employees, share capital of over 333,713,000 million.
The idea of forming WANANCHI SACCO was mooted in 1991 by the then Nyeri District Tea Committee and Tea Officer of 1991 – 1993 periods. After the consultations with Tea Growers from the three tea growing areas namely Mathira, Tetu and Othaya Divisions, the society was formed with the aim of helping tea growers to improve their saving and enable them to borrow for different purposes such as development, school fees and funding micro enterprises. On 14th May 1992, the Society was registered by the Commissioner of Co-operatives in the Ministry of Co-operatives under the name ‘Nyeri District Tea Growers SACCO Society Limited’ under Certificate No. 6531. By then, an interim management committee of ten members manned the SACCO with the assistance of only 2 (two) employees