Updated 21 October 2026
Harambee DT Sacco paid members a 15% dividend on share capital and 9.1% interest on deposits for 2025. The deposit return fell short of the 10% the Sacco had aimed for, and its chief executive, Dr George Ochiri, told the 2026 delegates symposium in Mombasa that liquidity and member retention were now priorities. Use the calculator to see what the 9.1% rate means for your savings.
Rates are what was last published, gross of tax. Money market funds are compounded monthly; bills, bonds, deposits and SACCO returns are worked out as simple interest. Your actual return will differ.
The calculator uses the 9.1% deposit rate. Switch it to 15% to estimate the dividend on your share capital. It applies the 5% withholding tax on Sacco payouts.
Harambee Sacco Returns by Year
| Financial year | Dividend on share capital | Interest on deposits |
|---|---|---|
| 2025 (paid 2026) | 15% | 9.1% |
| 2024 (paid 2025) | 15% | 9% |
So the deposit rate rose slightly, by 0.1 percentage points, while the dividend held at 15%.
The 2025 Numbers Behind the Payout
Harambee’s total assets rose to KSh 41.29 billion in 2025 and net surplus to KSh 1.67 billion. Loans to members reached KSh 34.27 billion and member deposits KSh 27.56 billion. Active membership grew to 79,942 from 74,991, but dormant accounts rose to 4,910, which is the retention problem management flagged.
The Sacco’s liquid assets recovered to KSh 941 million from KSh 477 million in 2024, and it had KSh 2.5 billion in external borrowing. Core capital was KSh 6.11 billion, or 14.8% of total assets, above regulatory minimums, but institutional capital was 7.7% of assets, below the recommended benchmark. For a member, that mix explains the cautious deposit rate: the Sacco is lending heavily and needs to rebuild reserves and cash.
Worked Example
A member with KSh 250,000 in deposits through 2025 and KSh 30,000 in share capital would have received KSh 22,750 in interest and KSh 4,500 in dividends, KSh 27,250 before tax, or about KSh 25,890 after the 5% withholding tax.
Who Can Join Harambee Sacco
Harambee started as a Sacco for government workers and still relies heavily on check-off from salaries, but it now accepts:
- Employees of government and other reputable institutions
- Other employed individuals, Kenyans in the diaspora and eligible spouses and adult children of members
- Groups, community-based organisations, NGOs, SMEs and companies
Joining Requirements and Fees
- Completed membership form, a copy of your Kenyan ID or passport, a colour passport photo and your KRA PIN
- A recent payslip if you are employed; SMEs need their registration certificate
- Registration fee: KSh 1,000 for individuals, KSh 2,000 for groups, CBOs and NGOs
- Share capital: KSh 30,000, which can be paid in instalments
- A monthly sink fund contribution of KSh 300
Paying In and Contacts
Pay by M-Pesa to paybill 525200, using your ID number as the account. Harambee Coop Plaza is on Haile Selassie Avenue, Nairobi, and the Sacco has six branches, including a newer one in Nanyuki. Phone 0709 943 000 or 0110 895 735; email info@harambeesacco.com.
Compare Harambee with other Saccos and money market funds on the investment returns calculator, and confirm any Sacco’s licence on our SASRA Sacco checker.
To see what a Harambee loan would cost you each month, try the Harambee DT Sacco loan calculator.
Frequently Asked Questions
What dividend did Harambee Sacco pay for 2025?
15% on share capital and 9.1% interest on deposits.
Why was Harambee’s deposit interest below 10%?
Management said cost pressures and liquidity constraints limited its ability to meet all targets in 2025.
How much is Harambee Sacco’s share capital?
KSh 30,000, payable in instalments, plus a KSh 1,000 registration fee for individuals.
What is Harambee Sacco’s paybill?
525200, with your ID number as the account number.
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