Kenya Achievas Sacco Society Limited is a Co-operative Society Incorporated and situated in Kenya with the principle activity being that of receiving deposits and disbursing loans to its membership in the larger Kisii and Nyamira Counties.
It was issued with the New Registration Certificate (CS 8843) on the 29th October, 2013 under the Co-operative Societies Act Cap. 490 section 6 (3) laws of Kenya. Prior to this new name registration the Sacco operated initially as Bobasi Tea Growers Rural Sacco Society Ltd in the years 2001 forward; it then later changed its by-laws that necessitated it to change its name to Irianyi Savings and Credit Co-operative Society Ltd; a name which it has used until late 2013 when it finally changed it to the current name.
The Sacco is now 17 years old, with a membership of 30,854. As at 31/12/2015 it had Total Assets of 310,132,321, Members Deposit of 132,143,972 and Share Capital of 75,006,697. From this statistics Kenya Achievas SACCO emerges as the BEST option to increase the accessibility to financial services to the rural people in Kisii County.
The Sacco has since grown to obtain license from SASRA to operate FOSA and Micro Finance in addition to its Back Office Sacco Activity. Other products now available to its membership have been tailored to suit their individual cash flow realities such that no one is left behind and they include;
Other products now available to its membership have been tailored to suit their individual cash flow realities such that no one is left behind and they include; M-SACCO, Mobile Payment, ATM through Sacco link by Cooperative Bank and the SACCO Pay points.
The decision making organ of the Society is the Board of Directors (BOD).It has the task of providing guidance and direction on all operational and financial program me and activities as implemented by the Society.
The implementation of routine, operational & financial activities of the society are managed and coordinated through a team of management headed by the CEO, HODs and Branch managers.
Currently the Sacco has Five (5) branches across the region and five (5) pay points and It is now sixteen years old. The BOD has put in place strong Internal Control Structures in line with the SASRA regulations including an internal audit function. The Sacco Operations are computerized and uses MS DYNAMICS NAVISION 2015 as its software.