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Safaricom DT SACCO is scaling heights in financial service solutions – Vice chairperson Elizabeth Mudogo

Safaricom DT Sacco continues to record outstanding performance in the financial sector, especially the cooperative movement. The society boasts over 15,000 members and an asset of over Kshs 9.6 billion, as of the end of the October 2022.

The Sacco vice chairperson Elizabeth Mudogo revealed that the society’s tailor-made products are developed based on the customer needs and expectations.

Speaking during a CSR activity at Njoo Dada home in Waithaka, Dagorretti, on Saturday, November 5, Mudogo said the Sacco is spreading its wings to the diaspora community.

“We have just scratched the surface and there are a lot more opportunities, not only in the local space, but we are also looking at our diaspora members, how do we support them to be able to achieve their desire.

“On matters of investment, business ideas, and savings options-we want to be the financial partner of choice. For that reason, we have come up with products that are inside lane… we don’t just develop any product.

“We work with products that our customers ask for, you see us getting to the mortgage space, small businesses, creating that platform, where they can be able to interact, offer training sessions, day in and out for them to be able to achieve their desire,” said Mudogo.

The vice chair urged the society members and target clients to help the Sacco realise its dream of transforming lives.

“It is my desire that we walk this journey together, we make this Sacco a big financial partner of choice… we are getting into their lives not only to meet their financial needs but also for them to be able to see their lives changing.”

Safaricom Sacco ready to steer Hustler Fund

She explained the competitive digital space gives Safaricom Sacco an edge to drive the KSh 50 billion Hustler Fund promised by President William Ruto.

Ruto’s administration planned to unveil the fund through Saccos, chamas and microfinance institutions by December 2022.

“We have positioned ourselves to be the partner of choice. In matters of digital space, we have stood out from a digital perspective, everything that we do is online … we expect to be picked up to be able to drive the digitisation of the Hustler Fund.

“We have the capability, we have done it before and we stand in a position to be able to engage and support the hustlers to be able to move to the next level. From a digital perspective, transparency, how the funds can run we take that to be able to support that engagement and be able to scale,” said the vice chair.

Mudogo explained the Sacco membership, saying it is open to small businesses, medium enterprises, the chamas, and women groups, adding that it is easier to join the Sacco.

How to join Safaricom DT Sacco

“…just go online, how to join Safaricom Sacco and we have online paperwork and we are able to recruit you immediately … you need to have either the collateral or the guarantor, and you need to be able to be referred by someone at the Sacco.

People who are looking for a home in financial space, I am appealing to you to join Safaricom Sacco, let us give back to the society like what we are doing now at Njoo Dada we have brought cheer to the family, let us walk the journey together,” she said.

The Sacco membership is open to employees of SAFARICOM LTD, Spouses of Members, Children above 18 years, Individuals introduced by Sacco members and employees of other corporates admitted as per the Membership Policy.

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