Due diligence: How do I know if my money is safe in a sacco?

Harambee Sacco members follow proceedings during the Harambee Sacco Millionaires’ Breakfast Meeting held at Safari Park Hotel, Nairobi on June 3, 2025. 

Photo credit: Lucy Wanjiru | Nation Media Group

Unlike commercial banks, which are seen as profit-driven entities, saccos operate on a cooperative model where members are owners.

Dividends and rebates are reinvested in the members and not to the external shareholders.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.