Kenya National Police DT SACCO

What Kenya National Police DT SACCO does

Kenya National Police DT SACCO Society Limited is a deposit-taking savings and credit cooperative (SACCO) registered on 20 November 1972 under Kenya's Cooperative Societies Act (registration CS/2092). It operates from its headquarters on Ngara Road, Nairobi, with eight branches across Kenya (Mombasa, Eldoret, Kakamega, Meru, Nyeri, Kisii, Nakuru) and serves approximately 76,000 members with an asset base of KES 59.9 Billion, a loan portfolio of KES 50.3 Billion, and total deposits of KES 34.4 Billion. The core membership consists of active and retired National Police Service officers, though membership has been expanded to civil servants, salaried employees, the business community, and diaspora Kenyans. Governance rests with a 12-member body (9 elected Board Directors and 3 Supervisory Committee members), led by National Chairman David Mategwa and CEO Solomon A. Atsiaya.

The cooperative's operating model is built on two integrated service channels: BOSA (Back Office Service Activity) for member share-capital management and credit products, and FOSA/POFOSA (Front Office Service Activity) for branch-based savings and salary advances. Revenue is generated primarily through interest on a tiered loan book—Jumbo (15.6% p.a.), Premier (15%), Super (14%), Normal (12%), Business (15% p.a./1.25% per month), and Home Loans (9% p.a.)—supplemented by transaction fees (salary processing, cheque clearing, ATM withdrawals), membership fees, and dividend income distributed back to members. Distribution combines 8 physical branches, the M-TAWI mobile banking platform (USSD *653# and mobile app), M-Pesa Paybill integration (4027903 FOSA, 371888 Investment), employer payroll check-off systems, and the Co-operative Bank agency network.

The wholly-owned Kenya Police Investment Cooperative Society Ltd (registered May 2014) extends the product suite into real estate investment, agribusiness, and equity/money market trading. Strategic partnerships with the Kenya Mortgage Refinance Company (KMRC) for mortgage refinancing, Co-operative Bank for account infrastructure, M-Pesa/Safaricom for mobile money, and the Utumishi Benevolent Fund (UBF) for member insurance underpin the integrated member-value proposition. The SACCO is ISO 9001:2015 certified and has been recognised multiple times as Best Managed SACCO Countrywide (2019, 2024) and FiRe Award Overall Winner (2021, 2023).

Name

Kenya National Police DT SACCO

Legal name

Kenya National Police DT SACCO Society Limited

Website

https://policesacco.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

Kenya National Police DT SACCO is a deposit-taking cooperative serving 76,000 members (primarily National Police Service officers, plus civil servants and diaspora) through 8 branches with savings, credit, mobile banking (M-TAWI), home loans, and a real estate investment subsidiary.

Ownership category

akta.pro rank

Product category

Cooperative Banking

NAICS

Commercial Banking (52211)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Community Development Credit Unions (CDCUs) (FSABAEAC)

Keywords

• Cooperative banking
• Savings and credit
• Member lending
• Mortgage financing
• Mobile banking

Headquarters

HQ city

Nairobi

HQ country

Kenya

HQ region

Africa

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Loan Interest Income: The SACCO generates primary revenue from interest charged on various loan products including Jumbo Loans (15.6% p.a.), Super Loans (14% p.a.), Premier Loans (15% p.a.), Normal Loans (12% p.a.), Emergency Loans, School Fees Loans, and Business Loans (15% p.a.). Interest rates vary by product and are calculated on reducing balance.
2. Membership Fees and Share Contributions: Revenue from entrance fees (KES 2,000 for Kenya Police Investment), minimum share contributions (KES 50,000), and monthly deposits. Members pay registration fees and maintain share capital as ownership stake in the SACCO.
3. Service Fees: Fees charged for various services including salary processing (KES 130 per transaction), bankers cheque processing (KES 100), loan valuation and charging fees, and ATM card charges (KES 33 at Co-operative Bank ATMs, KES 220 at other VISA ATMs).
4. Home Loan Interest: Home loans offered at 9% p.a. interest rate with repayment periods up to 20 years and maximum loan amounts of KES 15 Million. The SACCO partners with KMRC for mortgage refinancing.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Kenya National Police DT SACCO is a Deposit-Taking Savings and Credit Cooperative Society providing savings accounts, credit facilities, home loans, business/micro credit, mobile banking (M-TAWI), and real estate investment products to approximately 76,000 members through 8 branches across Kenya. Core operations run on a dual BOSA (Back Office Service Activity) and FOSA/POFOSA (Front Office Service Activity) system serving police officers, civil servants, salaried employees, business community, and diaspora members.

Product overview

Kenya National Police DT SACCO is a Deposit-Taking Savings and Credit Cooperative Society offering a comprehensive suite of financial products and services. The core platform operates through two service channels: BOSA (Back Office Service Activity) for member loans and deposits management, and FOSA/POFOSA (Front Office Service Activity Activity) for branch-based savings and transactions. The product portfolio centers on M-TAWI as the primary digital banking platform enabling mobile transactions and instant loans via USSD and mobile application. Credit offerings include BOSA loans (Jumbo, Premier, Super, Mega, Normal, Emergency, School Fees, Muslim, Asset Financing, Salary Advances, Q-Cash, Dividend Advance), Business/Micro Credit for enterprise financing, and Home Loans including the KMRC-partnered Makao Mortgage. Savings products span FOSA accounts (Savings, Holiday, Junior, Group/Corporate, Business, Fixed Deposit), the 52 Weeks Savings Challenge, and Kenya Police Investment subsidiary for real estate investment. Additional services include cheque processing, ATM services, and digital calculators. The SACCO serves 74,000-76,000 members with an asset base of KES 59.9 Billion across 8 branches in Kenya.

Differentiator

Problem solved

Functional benefit

Brands

• M-Tawi: Mobile banking platform (USSD and APP) enabling members to transact, apply for instant loans, and access various services through mobile phones.
• Kenya Police Investment

Products and services

• M-TAWI Mobile Banking Platform Mobile banking platform (USSD *653# and mobile app) enabling members to transact through their mobile phones, apply for instant loans, and access various financial services anywhere and at any time.
• Credit Products (BOSA) Back Office Service Activity credit facilities including Jumbo Loan (15.6% p.a., 108 months), Premier Loan (15% p.a., 96 months), Super Loan (14% p.a., 72 months), Mega Loan, Normal Loan (12% p.a., 48 months), Emergency Loan, School Fees Loan, Muslim Loan, Asset Financing Loan, and Salary Advance products with flexible repayment periods.
• Savings Products (FOSA/POFOSA) Front Office Service Activity savings accounts including Savings Account, Holiday Account (12 months minimum withdrawal, 4% p.a.), Junior Account (for children below 18 years, 4% p.a.), Group/Corporate Account, Business Account, and Fixed Deposit Account enabling members to save for holidays, school fees, businesses, and chamas.
• Business/Micro Credit Loans Enterprise and business financing available to registered members operating businesses for at least one year, covering expansion, commercial houses, and transport business with interest rate of 1.25% per month (15% p.a.) and 36-month repayment period.
• Home Loan Housing loan product with 9% p.a. interest rate, 20-year repayment period, and maximum loan amount of KES 15 Million for construction or purchase of homes, with KES 1,000 processing fee.
• Makao Loan Mortgage product partnered with KMRC (Kenya Mortgage Refinance Company) enabling members to construct or purchase their dream home through cooperative mortgage refinancing.
• Kenya Police Investment Wholly owned subsidiary of Kenya National Police DT SACCO focused on real estate investment activities including land buying, housing development, agribusiness, and equity/money market trading, with KES 2,000 entrance fee and KES 20,000 minimum share contribution.
• Other Services Additional financial services including Cheque Clearing, Bankers Cheque processing (KES 100), Deposit Boosting, Loan Clearing/Bridging, Salary Processing (KES 130 per transaction), and ATM Services with VISA branded cards.
• 52 Weeks Savings Challenge Savings program designed to help members build financial discipline through weekly savings contributions over 52 weeks using M-Pesa Ratiba with Paybill 4027903.
• M-WEKEZA Mobile App Investment mobile application available on Play Store and App Store enabling members to manage their Kenya Police Investment contributions, access USSD *389#, and use the Members Portal for investment management.
• Wezesha Loan Loan product available for individuals and groups, available via application forms for member financing needs.

Quantifiable outcome

• Asset base growth from KES 690 initial membership contributions to KES 59.9 Billion over 50 years
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Kenya Mortgage Refinance Company (KMRC)coreStrategic or Co-development PartnerThe SACCO has partnered with KMRC to enable members apply for mortgages to construct or purchase their dream home. This partnership allows the SACCO to offer home loans under the Makao Loan product with competitive rates, with KMRC providing refinancing support for the mortgage portfolio.
• Co-operative Bank of KenyacoreTechnology or IntegrationCo-operative Bank serves as the primary banking partner for the SACCO, providing account services (Account Name: Kenya Police Investment Co-operative Society, Account Number: 01120742036000), ATM network access (KES 33 withdrawal fee), and cheque processing services. The bank also facilitates salary processing for members.
• Utumishi Benevolent Fund (UBF)coreStrategic or Co-development PartnerUBF is a member self-insurance scheme providing funeral expenses (KES 70,000 on principal member death), loan offsetting for deceased members, deposit doubling on member demise, KES 40,000 for spouse death, and KES 30,000 per child (max 4) for child deaths. Monthly contribution is KES 350.
• M-Pesa (Safaricom)coreTechnology or IntegrationM-Pesa mobile money integration allows members to make deposits via Paybill Number 4027903 (FOSA) and Paybill 371888 (Investment). The partnership enables the 52 Weeks Savings Challenge through M-Pesa Ratiba recurring payment service and provides accessible deposit channels nationwide.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Mwalimu National SACCO: Kenya's largest teacher-based SACCO with similar employer-anchored membership model, BOSA/FOSA structure, and broad credit and savings products. Directly comparable as an employer-based deposit-taking SACCO of similar scale serving a public sector constituency.
• Stima SACCO: Kenya Power and energy sector employees' SACCO operating under the same DT-SACCO regulatory regime with BOSA/FOSA, employer check-off, and a member-recruitment model that mirrors Kenya National Police DT SACCO's structure and product breadth.
• Kenya Bankers SACCO: Employer-based SACCO for banking industry employees offering savings, credit, and investment products with similar governance and digital banking. Comparable as a closed-membership cooperative serving a salaried professional segment.
• Harambee SACCO: Civil-servant-anchored Kenyan SACCO with payroll check-off, multi-branch operations, and similar credit/savings product suite. Comparable membership model and target customer overlap given Kenya National Police DT SACCO's recent expansion into civil servant membership.
• Unaitas SACCO: Open-membership Kenyan SACCO with comparable digital and branch banking infrastructure, FOSA/BOSA products, and asset base scale. Comparable as a SACCO operating a similar product mix but with broader, non-employer-restricted membership.

Broad incumbents

• Co-operative Bank of Kenya: Full-service commercial bank serving the cooperative sector and Kenya National Police DT SACCO's banking partner. Comparable as a broader incumbent offering overlapping deposit, credit, and payment products to a similar retail and SME base, with full banking capabilities beyond the SACCO scope.
• Equity Bank Kenya: Large Kenyan retail bank serving salaried and SME customers with loans, savings, mobile banking, and home loans. Comparable as a broad incumbent competing for the same lower-middle-income and salaried segments Kenya National Police DT SACCO targets.

Emerging players

• Housing Finance Company of Kenya (HF Group): Specialized Kenyan mortgage provider with home loan products targeting salaried borrowers. Comparable as a partial competitor in the housing finance segment where Kenya National Police DT SACCO's KMRC-backed Makao Loan operates.
• KWFT (Kenya Women Microfinance Bank): Microfinance bank focused on financial inclusion, group lending, and SME products. Comparable as an adjacent player competing for the salaried/SME borrower segment Kenya National Police DT SACCO serves via business loans and micro-credit.
• Faulu Microfinance Bank: Kenyan microfinance institution offering credit, savings, and digital banking to salaried and small business clients. Comparable as an emerging partial competitor in personal and micro-business lending segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/police_sacco
• Facebookfacebook.com/POLICESACCO
• LinkedInlinkedin.com/company/kenya-national-police-dt-sacco

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kenya National Police DT SACCO