Imarika SACCO was registered on 14th, September, 1974 with about 100 members who were employees of Teachers Service Commission (TSC) in KILIFI District. Currently the SACCO has an active membership of about 38,000 with its head office in KILIFI town with five branches in MALINDI, MTWAPA, KALOLENI,GARSEN,UKUNDA  and a service center at BAMBA in Ganze District.

Its core objective is to provide a savings avenue to members and advancing loans to them at an affordable rate of interest. In 1998 the SACCO opened its common bond and admitted other categories of membership. Today it has three major activities namely:

  • BOSA – For all members operating through check off system
  • FOSA – For business people operating through standing orders
  • MSCA – For group members of between 10-30 registered with social services and operating through the group accounts

The membership of the SACCO covers the entire KILIFI County and to some extent beyond the county into the neighboring counties of the Coast province.


Imarika SACCO is guided by the following values. Values give an indication of what constitutes good governance for the society. They also form the basis of developing a corporate culture to fulfill its mandate, pursue the vision and accomplish its Mission; the SACCO will be guided by its core values of:

  • Integrity – We are committed to acting all times with honesty, fairness , accountability, transparency, ethically and above board in all our operations
  • Member focused (caring)
  • Authority (competence)
  • Reliable and responsive – we are sensitive to and will deal with issues and situations affecting all our members/clients in proactive and timely manner, using flexible decision making processes
  • Innovation – we are committed to facilitating continuous learning and innovation
  • Knowledgeable/professionalism – we shall perform our duties with highest level of professionalism, dedication with a view to exceeding the expectations of our clients and stakeholders
  • Accountable


The major activity of the SACCO is to offer Savings and Credit products to her clients/members and in doing so we seek to address the standard practices a member expects, time lines and the cost factor for such service if any under (BOSA, FOSA & MSCA) for efficiency and productivity. The SACCO also addresses issues of the prospective members seeking to join the SACCO (Membership registration, withdrawals and re-admission) and general guidelines affecting our clients/members.