In his keynote address, Mr Kilemi called on the Senate to fast-track the Cooperative Societies Bill, noting that it holds the key to transformative reforms in the sector. He commended Bandari DT Sacco’s remarkable growth, boasting an asset base of over KSh 13 billion and a membership of more than 31,000, as a shining example of resilience, sound governance, and strategic foresight.
The Principal Secretary reaffirmed the government’s commitment to strengthening the cooperative sector through supportive policies, regulations, and capacity-building initiatives. He urged SACCO leaders to embrace financial literacy, digital innovation, and sustainable business practices, citing Bandari’s investments in member education and technology as a model for others to emulate.
“SACCOs must continue to innovate, build strong partnerships, and leverage technology to expand their reach and deepen impact,” he said. He expressed optimism about the long-term outcomes of the conference, particularly its potential to shape economic growth and social development at the grassroots level.
Mr Ken Sungu, National Chairman of Bandari DT Sacco, delivered a compelling speech, positioning MSMEs as “the backbone of Kenya’s economy, driving employment, innovation, and local development.” He reaffirmed Bandari’s commitment to creating a supportive ecosystem for entrepreneurs through four key strategic pillars:
Access to Finance – Bandari offers tailor-made financial solutions, including Biashara loans, asset finance, and development loans. Mr Sungu encouraged Chamas and individuals to join the Sacco and benefit from its diverse financial products.
Capacity Building – Through workshops, mentorship, and training, the Sacco equips members with vital skills in business management, technology, and innovation.
Market Access – The Trade Expo served as a dynamic platform for MSMEs to showcase their products, network, and explore market opportunities, both locally and beyond.
Strategic Partnerships – Mr Sungu emphasised the power of collaboration, urging stakeholders to forge lasting, impact-driven partnerships for the sector’s growth.
“We are stronger when we collaborate,” he declared, challenging public and private actors to rally behind the MSME agenda by supporting affordable credit, innovation, and inclusivity.
Driving Innovation and Growth
Bandari DT Sacco CEO, Mr Joseph Otieno Bee, echoed these sentiments, outlining the Sacco’s transformative journey and forward-looking strategy. He highlighted Bandari’s mission to improve members’ socio-economic well-being through affordable financial services, competitive loan products, and generous returns, including an 18% dividend on share capital and 12% interest on deposits in 2023.
With more than 25,000 members and a strategic footprint across the country, Bandari ranks among Kenya’s top-tier deposit-taking SACCOs. Mr Bee noted the adoption of Microsoft Dynamics 365 Business Central to modernise operations and improve service delivery, positioning the Sacco at the forefront of digital transformation in the sector.
The 2023–2027 strategic plan, he said, aims to grow assets by KSh 2 billion, expand membership, and roll out new branches, including a recently opened office in Kisumu. He also reaffirmed Bandari’s full compliance with SASRA regulations and strengthened governance structures.
Award-Winning Performance
At the Regional Ushirika Awards held on 5th and 6th July, Bandari DT Sacco emerged as one of the top performers, scooping three prestigious accolades:
- Most Innovative Sacco
- Best in Education and Training
- Best Insured Sacco
These awards reflect Bandari’s unwavering commitment to member empowerment, risk management, and continuous learning. A senior Sacco official remarked, “These honours affirm our dedication to safeguarding members’ finances while fostering growth through education and innovation.”
A Vision for the Future
The 2025 Chama Conference and Ushirika celebrations served as a powerful reminder of the vital role cooperatives play in Kenya’s development journey. Bandari DT Sacco continues to lead by example, with ongoing efforts in community impact programmes, environmental initiatives, scholarship schemes, and its annual Chama Expo.
As Chairman Ken Sungu aptly concluded, “The success of our businesses is about creating lasting value for our communities, families, and future generations.”
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