Afronomics comparison · Kenya
What SACCOs pay their members
Millions of Kenyans save through a SACCO. Unlike a bank, a SACCO pays once a year: a dividend on your shares and interest (a rebate) on your deposits, declared after its annual general meeting. Here is what the regulator says SACCOs paid on average, set beside what the same money earns elsewhere, and what individual SACCOs declared, from their own notices.
Average paid by regulated SACCOs, 2025
6.72%
on deposits · 10.00% dividend on shares
SASRA, The SACCO Supervision Annual Report, 2025
Compared
SACCO returns beside the alternatives
All before tax. SACCO figures are what was paid for the whole of the year; the others are today's rates.
| Where the money is | Rate a year | Source |
|---|---|---|
| SACCO dividend on share capital, average | 10.00% | SASRA, 2025 |
| SACCO interest on deposits, average | 6.72% | SASRA, 2025 |
| 364-day Treasury bill | 9.04% | Central Bank of Kenya, latest auction |
| Best published fund yield: Zimele Fixed Income Fund (Savings Plan) | 13.41% | Zimele Asset Management, read 2026-10-06 |
| Bank savings account, average | 3.54% | Central Bank of Kenya, 2026-08 |
See every option after tax on the Kenya rates comparison and check a rate you were offered with Is my rate fair?
Trend
Payouts have fallen three years running
| Year | Dividend on shares | Interest on deposits |
|---|---|---|
| 2023 | 10.92% | 7.45% |
| 2024 | 10.46% | 7.14% |
| 2025 | 10.00% | 6.72% |
The regulator says SACCOs are keeping more of their surpluses to build capital, partly under its own restrictions on payouts.
The SACCO Supervision Annual Report, 2025
The sector at a glance
- 357
- regulated SACCOs (179 deposit-taking)
- 7.87m
- members
- KES 0.83trn
- members' deposits
- KES 1.21trn
- total assets
Declared for 2025
What individual SACCOs declared
Each rate is quoted from the SACCO's own notice or website, linked. A SACCO appears only when its own document states the rate.
| SACCO | Dividend on shares | Interest on deposits | Source |
|---|---|---|---|
| Stima DT Saccofinancial year December 2024 to November 2025 | 16.00% | 11.00% | SACCO’s own notice |
Few SACCOs publish their declared rates as text on their own website; most announce them at the AGM, by SMS or through the press, which Afronomics does not use as a source. A SACCO’s past payout does not promise the next one. SACCOs: publish your declared rates on your website, or send the link to your notice, to be included.
For SACCOs
Verified SACCO listing, KES 20,000 a month
Your declared dividend and deposit rates on this page, checked against your own notice, with your logo and a “join” link we count for you. Regulated SACCOs only; the rates shown are always the ones you declared, never adjusted.
Shares and deposits are different
Shares are your ownership; they earn the dividend and usually cannot be withdrawn, only sold to another member. Deposits earn the interest (rebate) and back your borrowing; in most SACCOs they are returned only when you leave.
Paid once a year, not promised
The rates are decided after the year ends, from the surplus the SACCO actually made. A bank or fund rate is known in advance; a SACCO's is not.
Check the licence
Deposit-taking SACCOs must be licensed by SASRA, which lists every licensed and authorised SACCO on its website. Your deposits are safer in a regulated SACCO.
Source for the averages and sector figures: SACCO Societies Regulatory Authority (SASRA), The SACCO Supervision Annual Report, 2025, pages 35-36 and 18–19. Information, not advice: Afronomics does not recommend any SACCO.
Quick answers
Questions people ask
- What dividend do SACCOs in Kenya pay?
- Regulated SACCOs paid an average dividend of 10.00% on members' share capital for 2025, down from 10.46% the year before, according to the SACCO Societies Regulatory Authority.
- What interest do SACCOs pay on deposits?
- An average of 6.72% on members' deposits for 2025 across 357 regulated SACCOs (SASRA). Each SACCO declares its own rate after its annual general meeting.
- SACCO or bank savings account?
- For 2025, SACCOs paid 6.72% on deposits on average; banks paid 3.54% on savings accounts on average (Central Bank of Kenya, 2026-08). SACCO returns are declared once a year and are not guaranteed, and SACCO deposits usually cannot be withdrawn while you remain a member.
- How do I know a SACCO is regulated?
- Deposit-taking SACCOs must be licensed by the SACCO Societies Regulatory Authority (SASRA), which publishes the list of licensed and authorised SACCOs on its website. Check the list before joining.
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