Radioguard SACCO

In Summary

Radio Guard Savings and Cooperative Society was registered in September 1983 under the Cooperative Societies Act by then-employees of Security Services (K). In 2016, I was licensed to conduct deposit-taking business under the SACCO Society Act of 2008. Under the watchful eye and regulation of the SACCO Societies Regulatory Authority (SASRA), the society continues to respond to the emerging and growing needs of its members.

The objective of the society was to create a vehicle to promote a savings culture among the members and to lend out loans to the members for personal development, school fees, and emergency expenses.
In the execution of its mandate as a savings and credit cooperative society, Radio Guard SACCO encourages thrift among its members by affording them an opportunity to accumulate savings and offering credit at a fair and reasonable rate of interest for development and other needs. The SACCO also offers financial services that serve the interests of members.

Currently, their asset base stands at KES 34,413,259 million, and their loan portfolio is KES 244,251,281 million. The assets are supported by member deposits of KES 298,047,085, share capital of KES 4,848,441 million, and other liabilities (audited report FYY2020).