Mafanikio DT Sacco has officially rolled out an ambitious five-year strategic plan aimed at doubling its membership and significantly expanding its financial footprint by the end of the decade.
Speaking during the society’s 50th anniversary celebrations at the Aga Khan Social Hall in Mombasa, the Sacco’s Chief Executive Officer, Eunice Kaboi, announced that the institution aims to grow its membership to 30,000 and boost its total asset base to Sh3.5 billion by the year 2030.
The golden jubilee celebrations marked a historic milestone for the cooperative, which has grown from humble beginnings into a major financial institution in the region.
A Historic Milestone.
Addressing a gathering of Sacco members, delegates, and cooperative officials, Ms. Kaboi expressed profound gratitude to the membership, attributing the institution’s decades of success to their enduring loyalty.
“Today is not only a celebration of our history but also a celebration of the people whose commitment, trust, and hard work have made this journey possible,” Ms. Kaboi said. “Every single shilling, every loan repaid, and every recommendation you have given to prospective members has contributed to the growth of this institution.”
As of 2026, the Sacco boasts a membership of over 10,000 individuals and manages an impressive asset base of Sh1.6 billion. Ms. Kaboi noted that the Sacco’s progressive loan products and consistent dividend payouts over the years have been instrumental in driving member satisfaction and financial security.
Roadmap to 2030.
The newly launched 2026–2030 Strategic Plan anchors the Sacco’s future on technological transformation and deeper financial inclusion.
To sustain its competitive edge, the CEO emphasized that management is heavily prioritizing digital innovation. Through an expanded dynamic branch network and robust mobile banking platforms, the Sacco is actively enabling members within rural sub-counties like Kinango, Lungalunga, and Kwale—as well as those living outside the county—to manage their wealth seamlessly from their mobile phones.
To achieve the 2030 targets, the CEO challenged the current membership to act as brand ambassadors.
The Recruitment Drive: Every current member is urged to introduce at least two new members annually to the society.
Wealth Creation: The recruitment drive is paired with an aggressive push to foster a culture of continuous savings mobilization to elevate local living standards.
Strong Governance and Future Outlook.
The CEO also paid tribute to the Sacco’s leadership, specifically acknowledging the Board of Directors, led by Chairman Cosmas Mutia, for their strategic governance that has kept the institution stable and sustainable. She further praised the staff’s professionalism and tireless efforts in steering the Sacco’s vision forward.
Looking ahead, Ms. Kaboi expressed immense optimism about the institution’s trajectory, stating that the cooperative is building on a rock-solid foundation. “As we celebrate our Golden Jubilee today, we do so with confidence and optimism,” she concluded. “We are building on a strong foundation and positioning ourselves for even greater achievements in the years ahead.”
