K-Unity Sacco Among Top Beneficiaries as CS Kinyanjui Unveils Expanded Financing Under World Bank-Backed SAFER Project

 

 The government has announced expanded financial support for K-Unity Sacco under the World Bank-funded Strengthening Agricultural Finance and Enterprise Resilience (SAFER) Project, boosting efforts to enhance grassroots economic growth and strengthen the cooperative movement nationwide.

Investment, Trade and Industry Cabinet Secretary Lee Kinyanjui praised K-Unity Sacco as a key driver of financial inclusion while underscoring the importance of long-term, affordable financing for farmers, traders, and micro, small and medium enterprises (MSMEs).

Speaking during the disbursement of Ksh 500 million to Githunguri Dairy Cooperative Society through the Kenya Development Corporation (KDC), CS Kinyanjui noted that K-Unity Sacco remains central to the success of the SAFER programme, which aims to expand access to credit and build economic resilience.

To date, the SAFER Project has released Ksh 3.2 billion to 11 SACCOs across 38 counties, enabling increased lending to agricultural producers, value chain actors, and small-scale enterprises. K-Unity Sacco is among the flagship beneficiaries of the initiative, recognized for its impact at the community level.

The project has also supported institutions including Githunguri Dairy Cooperative Society, Boresha Sacco, Amica Sacco, Fortune Sacco, Skyline Sacco, Yetu Sacco, Solution Sacco, Apstar Sacco, Trans-Elite Sacco, and the Agricultural Finance Corporation (AFC).

CS Kinyanjui commended K-Unity Sacco for its robust governance, expanding membership, and growing financial muscle, noting that such qualities position it as a strategic partner in Kenya’s socioeconomic transformation.

K-Unity Sacco currently boasts an asset base exceeding Ksh 6 billion and serves over 100,000 members across Kiambu, Nairobi, Nakuru, Narok, and Nyandarua counties. Its expanding footprint has solidified its role as a critical financial lifeline for households and small businesses seeking accessible, affordable credit.

“This programme’s wide reach reflects our commitment to empowering SACCOs such as K-Unity, which provide vital financial solutions to communities and small enterprises across the country,” the CS said.

The event was attended by Principal Secretary for Investment Abubakar Hassan, KDC Director General Norah Ratemo, and leaders from cooperative institutions participating in the SAFER initiative.