Kenya, 31 May 2026 - Jamii DT Sacco has opened a new branch in Kisumu as part of an expansion strategy aimed at growing membership, increasing lending and strengthening its presence in western Kenya's rapidly developing economy.
The deposit-taking Sacco launched the branch at Mega Plaza in Kisumu City and said it would offer affordable credit facilities to small businesses, boda boda operators, artisans, salaried workers and other entrepreneurs across the region.
Chief Executive Officer CPA Daniel Achieng said the institution was seeking to attract new members through competitive loan products and improved financial services as it pursues an ambitious growth strategy leading up to 2030.
"We are inviting residents of Kisumu and the wider Nyanza region to join Jamii DT Sacco and benefit from affordable credit facilities," Achieng said during the launch.
"Our focus is to empower businesses, support investments and help our members achieve financial independence through low-interest loans and attractive returns on savings."
The expansion comes as Saccos increasingly position themselves as alternative sources of financing for individuals and small enterprises facing tighter lending conditions from commercial banks.
Founded in 1972, Jamii DT Sacco is among Kenya's oldest co-operative financial institutions. The Sacco has grown from an asset base of about KSh 10 million at inception to more than KSh 7 billion today, according to management.
Achieng said the institution has disbursed loans worth approximately KSh 4.3 billion to members, supporting the growth of small and medium-sized enterprises, informal sector businesses and household investments.
He said the Sacco currently offers dividend returns of up to 14 per cent to shareholders, reflecting what he described as prudent financial management and sustained business growth.
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Beyond physical expansion, the Sacco is implementing a long-term strategic plan focused on digital transformation, automation of services, faster loan processing and enhanced customer experience.
Management says the institution aims to become a technology-driven financial services provider by 2030 through investments in digital platforms, cybersecurity, operational efficiency and member-centred financial products.
The strategy also targets increased membership growth, including younger professionals and Kenyans in the diaspora, while strengthening capital reserves and diversifying revenue streams.
Industry analysts say Saccos continue to play a critical role in Kenya's financial sector by extending affordable credit to millions of members who are underserved by conventional banking institutions.
Kisumu has emerged as one of Kenya's fastest-growing regional commercial centres, attracting investments in trade, logistics, manufacturing, fisheries and agribusiness. The city's expanding business ecosystem is creating demand for accessible financing, particularly among micro, small and medium-sized enterprises.
For Jamii DT Sacco, the opening of the Kisumu branch represents both a market expansion and a strategic investment in a region viewed as a key driver of future growth.
As competition intensifies across Kenya's financial services sector, the Sacco is seeking to combine its five-decade co-operative heritage with digital innovation to strengthen its position in an increasingly technology-driven marketplace.










