Jamii DT Sacco Society Ltd Defies Economic Pressures, Announces 14% Dividends and 8.5% Interest Payout to Members
By Irene Mwende
Jamii DT Sacco Society Ltd has reaffirmed its financial resilience and commitment to member value despite a challenging economic environment, Chairman Harrison Katoni said during the Sacco’s Annual General Meeting.
Addressing delegates, cooperative officers, board members, and the management team, Katoni thanked members for their unwavering trust and support, noting that their commitment has enabled the Sacco to remain stable and focused on sustainable growth.
“It is my honour and privilege to present this report and to thank members for their continued confidence and dedication to our Sacco,” he said.
Navigating a Tough Economic Climate
Katoni noted that the 2025 financial year was marked by a difficult macroeconomic environment both locally and globally. According to the Central Bank of Kenya Economic Review, the economy experienced a slowdown amid high inflation, rising interest rates, and constrained liquidity.
These conditions reduced household purchasing power, increased borrowing costs, and limited access to affordable credit, affecting businesses and financial institutions alike.
The chairman observed that the banking sector recorded a rise in non-performing loans due to financial stress faced by households and enterprises.
Sacco Stability and Strategic Focus
Despite these pressures, Jamii DT Sacco maintained operational stability and continued to deliver value to its members. Katoni said the Sacco implemented strategic initiatives aimed at safeguarding growth, strengthening financial sustainability, and enhancing service delivery.
The annual report outlined the Sacco’s operational performance, financial results, and measures put in place to ensure long-term resilience.
“Our focus remains on sustainable growth and continued value creation for members,” Katoni emphasized.
Commitment to Members and Future Growth
Katoni reiterated the Sacco’s commitment to strengthening member savings culture, improving financial access, and supporting members through a challenging economic period.
He encouraged members to remain united and continue saving and investing together, noting that cooperative strength is anchored in collective participation and trust.
As the Sacco looks ahead, leadership expressed optimism that prudent financial management, strategic planning, and member support will position the institution for continued growth and stability.
The AGM reaffirmed Jamii DT Sacco’s dedication to navigating economic challenges while safeguarding members’ financial well-being and promoting inclusive prosperity.