When it was registered by 15 Strathmore employees in 1983, Mzima Springs SACCO was meant to only serve the subordinate staff. As Strathmore School expanded, more and more members joined in and by 1990 all employees of the School were eligible to join the SACCO.
This agreement was vital as it led to the growth of the SACCO serving the Strathmore fraternity. This is because any person employed by any of the Strathmore institutions is eligible to be a member of the SACCO.
These institutions included Kianda School, El Molo, Kibondeni and Tigoni.
As at 31st December 2019, the total active members were 951.
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