About HoneyPlus SACCO

Learn more about our history, mission, and commitment to members

Who We Are

HoneyPlus Savings and Credit Co-operative Society Limited is a registered SACCO under the Co-operative Societies Act Cap 490 Laws of Kenya. We are dedicated to promoting thrift among our members and providing affordable credit for provident and productive purposes.

Located at the 5th Floor, Kalson Towers in Parklands Ward, Westlands Subcounty, Nairobi County, we serve employees and members of HoneyPlus Holdings Company Limited and its subsidiaries, as well as other approved persons within our common bond.

Our Mission

To promote thrift among members by affording them an opportunity for accumulating savings and deposits, creating a source of funds for loans exclusively for provident and productive purposes at fair and reasonable rates of interest.

Our Vision

To be the leading SACCO society in Kenya, empowering members through financial inclusion, innovation, and sustainable growth while maintaining the highest standards of cooperative principles.

HoneyPlus SACCO Building

Our Journey

2010

Establishment

HoneyPlus SACCO was established with 50 founding members and a vision to provide financial solutions to employees of HoneyPlus Holdings.

2013

Expansion

Membership grew to 200 members, and we introduced our first loan products to meet member needs.

2016

Digital Transformation

Launched our online banking platform, making it easier for members to access services remotely.

2019

Milestone Achievement

Reached 500 active members and assets under management exceeded Kshs. 50 million.

2024

Present Day

Continuing to serve our growing membership with innovative products and exceptional service.

Co-operative Principles

We are guided by these fundamental principles in all our operations

Voluntary and Open Membership

We maintain open membership without political, ethnic, religious, gender, or social discrimination.

Democratic Member Control

Members have equal voting rights on the basis of one member, one vote.

Economic Participation

Members contribute equitably to capital and share in the results of operations.

Autonomy and Independence

We operate on mutually acceptable terms while maintaining our independence.

Education, Training, and Information

Continuous education programs for members, leaders, and staff.

Co-operation Among Co-operatives

Active collaboration with other cooperatives locally and nationally.

Concern for Community

Showing genuine concern for the community in which we exist and operate.

Our Leadership Team

Meet the dedicated individuals guiding our SACCO

Executive Committee

Chairman

DM Tanki

Chairman

Vice Chairman

Pius Mutanda

Vice Chairman

Honorary Secretary

Betty Aseyo

Hon. Secretary

Treasurer

Sophy Matura

Treasurer

Credit Committee

Credit Committee Chairman

Rev. Elphas Bwire

Credit Committee Chairman

Credit Committee Member

Gilbert Tanki

Credit Committee Member

Credit Committee Member

Josiah Ntokote

Credit Committee Member

Supervisory Committee

Supervisory Committee Chairman

Lucy Kituto

Supervisory Committee Chairman

Supervisory Committee Member

MaryAnn Chacha

Supervisory Committee Member

Credit Committee Member

Rosemary Wambui

Credit Committee Member

Our Committees

Management Committee

The governing body consisting of nine members who oversee the strategic direction of the SACCO.

  • Chairman
  • Vice Chairman
  • Honorary Secretary
  • Treasurer
  • 5 Committee Members

Supervisory Committee

Three members ensuring compliance and effectiveness of internal control systems.

  • Quarterly meetings
  • Verify transaction accuracy
  • Review internal controls
  • Make recommendations

Credit Committee

Three members responsible for vetting loan applications and guarantors.

  • Monthly meetings
  • Loan application review
  • Member financial counseling
  • Recommendations to Committee

Education Committee

Ensuring continuous learning and cooperative awareness among members.

  • Member education programs
  • Staff training
  • Cooperative awareness
  • Public outreach