Our Mission Statement
About Us
Established in 2005, Likoni Traders Sacco Society Ltd has grown from a tailors' cooperative to become the leading savings and credit co-operative society in Likoni sub-county. Looking back at our humble background, we realized we can only prosper if we can cooperate and collaborate by pooling our We've witnessed steady growth in total membership, share capital, members' deposits, and asset base.
Our members are proud to be associated with us, as we've changed many lives through fair returns on deposits and millions in loan disbursements.
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Our Vision
To become one of the best-run savings and credit co-operative societies, providing market-driven products and services for all members and applicable non-members across all our branches.
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Our Mission
To promote and develop our members by providing unique and diversified quality products and services that enhance their economic interests and general welfare, in accordance with co-operative principles in a changing environment.
Why Choose Likoni Traders Sacco?
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01 Proven Track Record
Established in 2005, we have a long-standing history of serving our community and have grown to become the leading Sacco in Likoni sub-county.
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02 Competitive Returns
We offer fair returns on member deposits, with rates up to 8%, ensuring your savings work hard for you.
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03 Diverse Loan Products
From business loans to emergency funds and school fees assistance, our range of loan products caters to all your financial needs.
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04 Community Investment
We invest in our community's future, as demonstrated by our housing project near Likoni Technical and Vocational College.
- Established in 2005, we have a long-standing history of serving our community and have grown to become the leading Sacco in Likoni sub-county.
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- Proven Track Record
- Competitive Returns
- Diverse Loan Products
- Community Investment
- We offer fair returns on member deposits, with rates up to 8%, ensuring your savings work hard for you.
- From business loans to emergency funds and school fees assistance, our range of loan products caters to all your financial needs.
- We invest in our community's future, as demonstrated by our housing project near Likoni Technical and Vocational College.
SAVING PRODUCTS
Grow your wealth with our range of saving options tailored to your needs
Member Deposits
Accumulate savings to create a source of funds for loans and earn competitive returns.
Group Membership
Join as a group of minimum 5 members with special saving requirements and benefits.
LOAN PRODUCTS
Empower your dreams with our flexible loan options
Microfinance (Instant) Loan
Access up to 10,000 KSH for your business needs with a 1-month repayment period.
Development Loan
Invest in your long-term goals with our development loan, offering up to 36 months repayment.
Join Likoni Traders Sacco
Become a part of our thriving community
Membership Eligibility
- 18 years or older
- Trader from Mombasa county
- Resident or business owner within the society's area of operation
How to Join
- Pay entrance fee of 200 KSH
- Purchase copy of by-laws for 100 KSH
- Get a passbook for 50 KSH
- Purchase at least 25 shares at 20 KSH each (total 500 KSH)
Our Projects
Investing in our community's future
Likoni Traders Sacco Housing Project
Empowering our members through sustainable housing solutions
- Completed housing project located at Bububu
- Near Likoni Technical and Vocational College
- Funded by members' share capital
This project showcases our commitment to investment and growth. We've not only completed this housing initiative but also own a vast piece of undeveloped land, demonstrating our potential for future expansion and our dedication to improving our members' lives and the community at large.
Message from Chairman
It is an eternal journey for the human family to struggle to improve the life surrounding them. Indeed, history shapes the present and sets vision for the future but at Dwenk we strengthen today and deliver the promise of tomorrow with great optimism.
Message from Vice Chairman
Sometime in the beginning of 2020, a small group of friends met over a cup of tea. They mulled over their life challenges mostly revolving around personal financial needs. With no salary advance and no second loan from a lender unless the first one is repaid, they were a concerned lot. . Asanteni na Karibuni sana to DWENK
Message from the Secretary
Our saving mantra is ‘making savings your first expense always’. For those looking for a genuine saving companion, you got one – Dwenk Sacco. Search no further, when we were crafting this home, we had you in mind. Enrol with us and taste our products and you will just discover that Dwenk is a leading change agent of this time.
Team
Meet our great team of industry leaders from finance to management
Miriam Kimeu
Welfare Committee Chairperson
Mr Alred Asher
Chief Executive Officer
Name 1
Executive Management Vice Chairman
Hamisi Mwamunda
Executive Management Treasurer
Lilian Shimekha
credit committee
Richard Mwandango
Credit Committee
Anderson Nyamawi
Vice Chairperson
Dominic Musyimi
Treasurer
Quinter Akinyi
Office AdminContact
Drop at our offices anytime to get the full scale of our services. We would love to have you around
Location:
Along Likoni-Ukunda road, opposite Likoni Sub-County Hospital
Email:
likonitraderssacco@gmail.com
Call:
+254 743 863 022