The Sacco reported good performance against the backdrop of a challenging economic environment. We would like to appreciate the efforts of the members who have patronized our products and continued saving with us. It is due to your support and that of the Kimisitu Management team that we have continued to achieve tremendous growth over the last ten years.
The following extracts are from the audited financial statements for the last ten (10) years and are stated in Kenya Shillings (Kshs.) except where otherwise indicated.
| Statistical Information | 2023 | 2022 |
|---|---|---|
| Number of Members | 13,100 | 10,492 |
| Share Capital (Kshs) | 687,232,000 | 570,035,000 |
| Members' Deposits | 7,990,739,000 | 7,006,250,000 |
| Total Assets | 11,070,983,000 | 9,542,671,000 |
| Loans to Members | 8,582,636,000 | 6,927,368,000 |
| Turnover | 1,486,262,000 | 1,162,675,000 |
| Interest on Member Deposits | 9.2% | 9% |
| Dividend on Share Capital | 15% | 15% |
| Statistical Information | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Number of Members | 9,058 | 8,437 | 7,629 | 7,342 | 7,238 |
| Share Capital (Kshs) | 485,742,000 | 432,735,000 | 334,224,214.87 | 213,154,254 | 129,145,365 |
| Members' Deposits | 6,347,686,000 | 5,916,911,000 | 5,352,622,056.02 | 4,742,890,589.61 | 4,146,792,305 |
| Total Assets | 8,570,269,000 | 7,661,638,000 | 7,040,808,089.08 | 6,051,505,013.87 | 5,154,850,334 |
| Loans to Members | 6,111,741,000 | 5,535,136,000 | 5,321,444,555.74 | 4,806,697,477.38 | 4,326,031,687 |
| Turnover | 988,765,000 | 886,084,000 | 798,198,574.12 | 705,372,441.6 | 623,434,540 |
| Interest on Member Deposits | 8.5% | 8% | 9% | 11% | 10% |
| Dividend on Share Capital | 15% | 15% | 15% | 20% | 25% |
| Statistical Information | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|
| Number of Members | 6,325 | 6,153 | 5,890 | 5,947 | 5,974 |
| Share Capital (Kshs) | 99,706,055 | 56,115,978 | 39,345,520 | 19,338,920 | 13,901,975 |
| Members' Deposits | 3,541,387,983 | 3,034,930,904 | 2,568,294,479 | 2,121,741,603 | 1,782,390,657 |
| Total Assets | 4,354,532,358 | 3,354,668,477 | 3,046,054,189 | 2,498,666,110 | 2,084,163,027 |
| Loans to Members | 3,988,636,362 | 3,216,371,075 | 2,679,156,119 | 2,125,602,192 | 1,862,006,719 |
| Turnover | 535,645,192 | 438,366,656 | 335,463,465 | 273,037,804 | 218,480,325 |
| Interest on Member Deposits | 10% | 10.50% | 10.50% | 11% | 10% |
| Dividend on Share Capital | 30% | 40% | 40% | 30% | 30% |
| Statistical Information | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|
| Number of Members | 4,697 | 4,125 | 3,466 | 2,873 | 2,293 |
| Share Capital (Kshs) | 4,697,000 | 4,125,000 | 3,466,000 | 2,873,000 | 2,293,000 |
| Members' Deposits | 1,372,170,603 | 1,066,802,590 | 805,768,230 | 604,705,750 | 443,112,701 |
| Total Assets | 1,597,952,594 | 1,233,251,820 | 938,900,235 | 704,361,408 | 519,348,906 |
| Loans to Members | 1,421,100,258 | 1,058,460,998 | 800,442,555 | 638,554,328 | 479,431,927 |
| Turnover | 157,194,678 | 120,487,664 | 91,397,367 | 70,520,326 | 61,885,437 |
| Interest on Member Deposits | 10% | 9.70% | 10% | 10% | 10% |
| Dividend on Share Capital | 10% | 10% | 10% | 10% | 10% |