Hazina Sacco

Hazina Sacco

Description

Hazina Sacco  is a nationwide Savings and Credit Co-operative Society established in the 1971 and registered under Co-operatives Societies Act of the laws of Kenya with the main objective of affording its members an opportunity to accumulate their savings, thereby creating a source of loanable funds. Members of the Society are drawn from various Government Ministries, Parastatals, Non- Governmental Organizations and Private Sector. Currently, the Society has over 10,000 members.

The  saccos goal is to be the leading and best-managed SACCO Society in provision of quality products and services to members and stakeholders while ensuring high returns on Investment.

Objectives of the Hazina Sacco

  • To promote thrift among it’s members by affording them an opportunity for accumulating their savings thus creating a source of loanable funds.
  • To receive deposits and advance loans to members
  • To promote economic and social development by availing affordable credit to our members
  • To continuously educate members on Co-operative and Economic development.

Hazina Sacco Management Structure

  1. The Supreme policy-making organ is the Annual Delegates Meeting (ADM) comprising delegates elected from all the branches countrywide.
  2. The ADM elects members of the Board or Central Management Committee from among Nairobi branch delegates. The Board is the governing authority of the Sacco and thus, runs all the affairs of the Society.
  3. The Board appoints the Staff of the Society who run the day-to-day affairs of the society and in particular, implements Board policies and decisions.
  4. An independent organ, the Supervisory Committee elected from among the delegates is charged with supervisory role of the society including an audit of the books and reporting appropriately to Members, ADM and Commissioner of Co-operatives.

Hazina Sacco Contacts

Physical Address: Kibera, Nairobi

P.o Box: 59877-00200

Tel: 0202722106

City/Town: Nairobi Town, Kenya

E-mail: info@hazinasacco.or .ke

Web: http://www.hazinasacco.or.ke/

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