NDEGE CHAI SACCO SOCIETY LTD is a world class financial institution that was established and registered in the year 1978.
The Sacco is licensed and regulated by SASRA(Saccos Societies Regulatory Authority).
Membership is drawn from employees of Finlays countrywide: Kericho, Nairobi, Mombasa, flower firms in Naivasha, and Lemotit farm; Isinya Roses (Kitengela, Molo) employees; Local Tea Factories; Private Security firms; NGO's; County Government Staff; Civil Servants; Schools; Hospitals; Recreational clubs and churches in Kericho; the Business community; and spouses of members; farmers and out growers;.
We also have members who are employees of other tea companies i.e. Sotik Tea, Sotik Highlands,Kapchorua Tea;Tinderet and Changoi.
Vision: To be a World Class Financial Institution
Mission: To provide excellent and prudent financial services,through efficient mobilization and application of resources,and efficient communication to all stakeholders.
Slogan: "Let's Grow Together" (Tujiendeleze Pamoja)
The Sacco has two types of activities: Back Office Service Activities (BOSA) which is a savings and loan facility and Front Office Service Activities (FOSA) in which members and clients access their banking services.
Our Sacco is among the first deposit taking Saccos to have been licensed by SASRA in 2011. This gives us confidence as a good corporate citizen. Over the years, the Sacco has continued to perform very well and continues to receive several accolades including during the Ushirika Day celebrations. During the 2017 Kericho District Ushirika Day celebrations, the Sacco was the:
The Sacco participated in the 2017 Champions of Governance (CoG) Awards and took 1st Runners-Up in CoG CEO of the Year 2017 award.
The Sacco recognizes, upholds and esteems its members, peer Saccos, the government and regulatory agencies as well as all stakeholders by adhering to good corporate governance principles and practices, and guided by the Co-operative Principles namely:
Thus, the objects of the Society shall generally be in accordance with the Cooperative Values and Principles