Kenya's Sacco regulator has placed five Saccos on conditionally restricted, credit-only status for 2026, barring them from taking any new deposits and subjecting them to tighter supervisory conditions.
- •These institutions remain regulated but are limited strictly to lending from existing member funds, a signal of liquidity, governance, or capital concerns that required containment rather than outright closure.
- •Separately, one Sacco exited the sector through a voluntary merger in 2025, causing its licence to lapse automatically, while one Sacco lost its authorisation for failing to apply for renewal and for inability to meet member obligations after its sponsoring employer ceased operations.
- •SASRA also issued a public warning that transacting with unlicensed Saccos is illegal and at the public’s risk.
Schedule III: Restricted, Credit-Only Saccos (2026)
| No. | Sacco | County | Status |
|---|---|---|---|
| 1 | Dumisha Sacco | Samburu | Credit-only, no new deposits |
| 2 | Bi-High Sacco | Marsabit | Credit-only, no new deposits |
| 3 | Metropolitan National Sacco | Kiambu | Credit-only, no new deposits |
| 4 | Ol’Kaunsel Non-WDT Sacco | Kajiado | Credit-only, no new deposits |
| 5 | Digital Media Non-WDT Sacco | Nairobi | Credit-only, no new deposits |
What “credit-only” means
- •
Existing members keep loans and balances.
- •
No new savings or deposits are allowed.
- •
Operations are under heightened SASRA oversight.
Schedule IV: Sacco that exited by merger (licence lapsed)
| Sacco | County | Reason |
|---|---|---|
| Nufaika Sacco | Kirinyaga | Voluntary cessation and merger of members into another regulated Sacco; licence expired 31 Dec 2025 |
Schedule V: Sacco whose authorisation was revoked
| Sacco | County | Reason |
|---|---|---|
| PESA Sacco | Nairobi | Failed to renew authorisation and could not meet member obligations after employer ceased operations |
