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The registration of the Sacco by the 20 promoters was primarily to ensure the thrift of the participating membership, helping them to mobilize savings and access affordable credit.
Its core business is to promote the Socio-economic well-being of its members through the provision of affordable quality financial services based on co-operative ideals. We pride ourselves in being a tier-one SACCO with an Asset base of over Kes 20 billion driven by our purpose, promise, value, and excellence. The SACCO operates Ten (10) FOSA spread across the country – in Nairobi (CBD), Kenyatta National Hospital, Nyeri, Meru, Nakuru, Kisii, Kisumu, Eldoret, Kakamega, and Mombasa. The operating model of the Sacco is based on provision of all primary services at the FOSAs while its over 300 service branches extend services to places where the Sacco has no physical presence.
The registration of the Sacco by the 20 promoters was primarily to ensure the thrift of the participating membership, helping them to mobilize savings and access affordable credit.
Its core business is to promote the Socio-economic well-being of its members through the provision of affordable quality financial services based on co-operative ideals. We pride ourselves in being a tier-one SACCO with an Asset base of Kes 22.8 billion driven by our purpose, promise, value, and excellence.
The SACCO operates Ten (10) FOSA spread across the country – in Nairobi (CBD), Kenyatta National Hospital, Nyeri, Meru, Nakuru, Kisii, Kisumu, Eldoret, Kakamega, and Mombasa.
Our mission, vision, and core values, shape every decision we make, ensuring we remain committed to transparency, member welfare, and sustainable growth for all.
To be the preferred financial solutions provider
To empower members by providing personalized financial solutions
Financially Healthy Members
Afya Savings and credit cooperative was registered on 8 th May 1971 with twenty members. The idea of forming a cooperative for health workers in the country had been mooted in November 1970, when Miss Rose Parting a promoter of Savings and cooperatives in Kenya started a six-month basic education program to educate the founder members of the cooperative on the principles of formation and operation of a savings and credit co-operative.
The Society acquired the AFYA co-operatives house a seven- storey house located along Tom-mboya acquired in 1983 at a cost of 12.7 million under the leadership of Mr. Mutangili as the Chairman. In 1984 /1985 the Commissioner for Co-operatives appointed Mr. Wilfred K. Kimalat as the Chairman of the Management commission resulting from dissolving the previous management due to wrangles in their leadership under Mr. D. M. Mutangili (1982-83) and Mr. W. Omwakwe (1983-84) as chairmen.
Society experienced tremendous growth in terms of membership enrolment doubling membership too. There was great improvement in members’ services as the Society employed University graduates and there was introduction of staff awards system for the Best Worker and Long Serving employee. The construction of the High rise 21 storey building along Tom Mboya which started on 6 th March 1991 when the management entered contract with M/s M.R Shah Construction Company was completed and launched in 1994. The Society won a trophy of the “Best Managed Sacco” during the 1991 Ushirika Day Celebrations.
Launch of FOSAs -to offers banking services to its members an idea that was implemented so save members from inconveniences caused by commercial banks by charging exorbitant fees on third parties payment cheques, salary processing and standing orders. fossa become an additional income earner for the society contributing handsomely towards dividends pay out.
Launch of the AMCA – AFYA MICRO CREDIT ACTIVITY – 2014 to offer services t both class A and B members. Offices were opened in 42 counties and 92 officers engaged to offer service to the membership.
Launch of society’s policies and the current strategic plan 2023 – 2027
– On boarding new management
– Full Digitization – on going process
Afya SACCO’s history continues to be written, shifting from a story of simple growth to one of resilience and systemic reform for the Kenyan health worker.















Ready to take control of your financial future? Simply fill out the membership form to become a member today!

Launch of society’s policies and the current strategic plan 2023 – 2027
On boarding new management
Full Digitization – on going process
Launch of the AMCA – AFYA MICRO CREDIT ACTIVITY – 2014 to offer services t both class A and B
members. Offices were opened in 42 counties and 92 officers engaged to offer service to the
membership.
Launch of FOSAs -to offers banking services to its members an idea that was implemented so save members from inconveniences caused by commercial banks by charging exorbitant fees on third parties payment cheques, salary processing and standing orders. fossa become an additional income earner for the society contributing handsomely towards dividends pay out.
Society experienced tremendous growth in terms of membership enrolment doubling membership to
There was great improvement in members’ services as the Society employed University graduates
and there was introduction of staff awards system for the Best Worker and Long Serving employee.
The construction of the High rise 21 storey building along Tom Mboya which started on 6 th March 1991
when the management entered contract with M/s M.R Shah Construction Company was completed
and launched in 1994. The Society won a trophy of the “Best Managed Sacco” during the 1991 Ushirika Day Celebrations.
The Society acquired the AFYA co-operatives house a seven- storey house located along Tom-mboya
acquired in 1983 at a cost of 12.7 million under the leadership of Mr. Mutangili as the Chairman. In
1984 /1985 the Commissioner for Co-operatives appointed Mr. Wilfred K. Kimalat as the Chairman of
the Management commission resulting from dissolving the previous management due to wrangles in
their leadership under Mr. D. M. Mutangili (1982-83) and Mr. W. Omwakwe (1983-84) as chairmen.
The members of the management commission were:
The Management commission revived the Society by setting up administrative procedures and clear-
cut policies on loans and financial management. In July 1985, elections were conducted during an
annual delegates conference which were overseen by the PCO Nairobi area Mr. Muthiani where the
members of the commission handed over the society to the elected officials who were Mr. F.A Mworia
as the Chairman, Mr. Tom E.O. Obondo as the Vice chairman, Mr. J. M Ochieng as the Treasurer, Mr.
S.K. Irungu as the Honorary Secretary among other directors.
In 1988 the Education and publicity committee adopted several strategies for educating and informing
members. These were; arranging seminars for branch officials in provincial headquarters country
wide, members’ education conducted by the Central Management Committee at the branch level and
staff accompanied by officials to reaching out to members in the health centers and dispensaries.
There was the Introduction of the Emergency Loan product through the authority of the Commissioner
of Co-operatives Development enabling members to acquire emergency loans of Kshs. 3,000 at their
respective district levels through the branch officials except for Nairobi.
On 14 th August 1971 a general meeting was norganized for all members in the Agriculture House, Nairobi and a total of 42 members attended. The members elected the following members as interim officials, Nicholas O. Were as the Chairman, Francis Nyamanda as the Vice Chairman, Edward Obonyo as the Honorary Secretary and John J.K. Katusya as the Treasurer. However, the first Annual General meeting was held on 7 th July 1973 and elected a management committee of nine members as follows;
The major objective of the management committee was to solidify the Society’s base through promotion to increase membership, instill faith in members and offer efficient services to the general membership from these humble beginnings the society has grown.
AFYA SACCO is a member-driven financial cooperative dedicated to empowering Kenya’s health community through reliable savings, affordable credit, and sustainable financial solutions.
Supports long-term savings and access to affordable loans for personal, business, and investment growth.
Provides convenient day-to-day banking services including savings, withdrawals, payments, and salary processing.
Features
Features
Features
These accumulated savings serve as essential collateral for credit facilities and earn competitive annual interest (rebates) for the duration of the membership. Funds are refundable only upon formal withdrawal from the Sacco, contingent on the full settlement of all outstanding liabilities and guarantee obligations
Representing a member’s permanent ownership stake, these non-withdrawable units are transferable instruments that earn annual dividends based on institutional profitability. Members must maintain a minimum threshold of KES 20,000, which can be achieved through lump-sum payments or structured periodic contributions.
This specialized product supports retirees whose pensions are processed through FOSA, offering credit within their existing deposit limits for medical or development needs. It features a preferential low interest rate of 0.5% on a reducing balance with a 36-month repayment cycle.
Features
A long-term financing solution for business expansion or development, providing up to four times member deposits with a tenure of up to 84 months. It features a 15% amortized interest rate and accepts diverse collateral, including logbooks and title deeds.
Features
Features
This product targets medium-term projects and educational funding for consistent contributors of at least six months, offering up to three times their savings. It is fully secured by guarantors and deposits, with a 48-month repayment period at 1.17% monthly interest on a reducing balance.
Features
Features
Features