In a powerful display of financial resilience and member-centric growth, Apstar DT Sacco has announced a stellar performance for the 2025 financial year, with its total asset base surging to Ksh 4.39 billion.
The announcement, delivered during the Sacco’s 2026 Annual General Meeting (AGM), painted a picture of a high-performing institution in the midst of rapid growth and strategic transformation. Delegates were presented with a comprehensive review of the Sacco’s financial year, which revealed an aggressive expansion trajectory marked by double-digit growth across nearly all key performance indicators.
From asset base and loan portfolio to member deposits and revenue streams, the upward momentum signaled not just operational efficiency but also growing member confidence. These results further reinforced Apstar’s emergence as a formidable financial partner within Kenya’s cooperative movement, particularly in the critical areas of mortgage financing and support for small and medium-sized enterprises (SMEs), where demand continues to rise.
A major highlight of the meeting, and one that drew significant attention from members, was the announcement of a substantial payout, reflecting the Sacco’s strong financial health and commitment to member value. This proposed distribution followed an impressive 57.4 percent surge in net surplus, which climbed from Ksh 129 million in the previous year to Ksh 203 million.
The Board of Directors, in recommending the generous allocation, emphasized that the growth was the result of prudent financial management, strategic investments, and an expanding membership base. The payout not only rewards members for their continued trust and participation but also underscores the Sacco’s broader mission of wealth creation and financial empowerment within the cooperative ecosystem.
Apstar members were awarded 15% dividend on share capital (Ksh 38.1 million) and 10.5% interest on deposits (Ksh 321.3 million).
“This makes a total of 359.4 million to be distributed to members as a return on their investment,” the Treasury report stated. This is an increase of 74 million [in surplus], representing a 57.4% growth.
The Sacco’s balance sheet reflects a period of high-velocity growth. Total assets grew by Ksh 600 million, representing a 15.8% increase over the previous year. This growth was fueled by a 14.2% rise in member deposits, which now stand at Ksh 3.06 billion, signaling deep-seated member confidence.
The Sacco’s turnover also reached a historic high of Ksh 618 million, up from Ksh 474 million in 2022. This 30% jump in revenue demonstrates the effectiveness of the Sacco’s diversified product portfolio.
To safeguard this growth, the institution has significantly bolstered its internal reserves. Core capital grew by 16.9% to reach Ksh 788 million, while institutional capital rose to Ksh 534 million.
Data from the Sacco’s treasury books show an institutional capital increase of Ksh 82 million, representing an 18.1% growth. This underscores the Sacco’s commitment to building a permanent capital base that ensures long-term sustainability.
Fueling the Mortgage and SME Revolution.
Apstar is increasingly positioning itself as a key player in the national housing and business development agenda. The Sacco’s loan book expanded by 13.1%, reaching Ksh 3.19 billion.
A significant portion of this credit is being channeled through strategic partnerships.
Philip Cherono, Apstar Sacco’s national Chairman highlighted that the Sacco is actively leveraging facilities from the Kenya Mortgage Refinance Company (KMRC) and the Kenya Development Company (KDC) to offer affordable long-term credit.
“The areas where we want to borrow this year is to be able to access the facility with KMRC and the other area is to access the facility with KDC.”
He noted that the Sacco maintains a Ksh 2 billion borrowing power to ensure it never turns away a member seeking a mortgage or business loan.
“We continue giving loans for mortgage and MSMEs. We are still requesting 2 billion because we think we are still surviving with those,” he added.
The Chairman further clarified the Sacco’s prudent approach to debt, noting that they seek piece-meal approvals from the Commissioner for Cooperatives only when specific member needs arise.
Excellence in Governance.
The Supervisory Committee’s report provided a glowing validation of the Sacco’s management practices.
Mrs Consolata Maisiba the committee ‘s chairlady confirmed that the institution remains in full compliance with regulatory standards and continues to operate with “high standards of corporate governance and internal controls.”
“The financial statements for the year ended 31st December 2025 give a true and fair view of the Sacco’s financial position and performance,” she stated.
In a further show of the Sacco’s stable financial footing, the Chairman announced that despite the challenging economic environment, the board had decided to postpone any considerations for increasing monthly contributions.
“I want to say despite the very difficult situations, we postpone that one and consider another time,” the Chairman said, prioritizing the immediate financial comfort of the members.
With a clear strategy focused on asset growth, affordable housing, and high-yield returns for members, Apstar DT Sacco enters the new financial year as a dominant and trusted force in the Kenyan financial sector.
