Society's Strengths

  • Continuous renewal of DT licence by the regulator SASRA.
  • Amendment of Society by-laws in conformity with SASRA requirements
  • Formulation of Society policies in conformity with SASRA requirements
  • Strict adherence to 1/3 loaning rule
  • Establishment of workable organizational structure
  • Documented job profile for all Staff
  • Formulation of strategic plan
  • Computerization of the society operations
  • Digitizing the society’s documents (DMS)
  • Establishment of Sales Department
  • Diversification of products and services
  • High dividends rates since 2010
  • Strong capital base

Milestones

During the year 2019 Ushirika day, popularly known as Co-operative day, on 7th July 2019 our society was rated as follows:-

  • The best managed Sacco society in Uasin Gishu County in 2019.
  • The Society with the best loaning services in Uasin Gishu County in 2019
  • The Most comprehensively insured Co-operative society in Uasin Gishu County in 2019
  • Computerization of operations e.g efficient Mobile Banking services, Paybill Transaction and ATM Services
  • High monthly turnover in Both sections of the sacco FOSA , BOSA and Micro-Finance
  • Adoption of a working Strategic plan 2016-2020
  • Re-Branding of the society in 2015 from Wareng Teachers to the Noble sacco Ltd
  • Operating sacco activity without external borrowing.