Teachers across Western Kenya are increasingly crediting Invest and Grow (IG) Sacco for helping them achieve financial stability, acquire property, educate their children, and invest in income-generating ventures through affordable loans and a culture of savings. The Sacco, which was founded in 1977 as Kakamega Teachers Sacco before rebranding to Invest and Grow Sacco in 2015, continues to draw a majority of its membership from the teaching fraternity.
Speaking during the Sacco’s recent Sacco Meeting, IG Sacco Chairman Rodgers Waswa said the institution has continued to register impressive growth due to increased loan uptake, consistent member contributions, and the expansion of digital financial services. He revealed that the Sacco’s asset base grew to KSh16.4 billion in 2025, while its loan portfolio expanded to KSh14.1 billion.
“We are investing in digitising most products to attract youth. We promise to build on the strong foundation we have to steer IG Sacco to greater heights of success,” Waswa told members during the meeting.
According to the management, thousands of teachers have used Sacco loans to build homes, purchase land, establish businesses, and meet education expenses for their children. The institution’s affordable credit products and flexible repayment plans have enabled many teachers to improve their economic standing while maintaining financial discipline.
IG Sacco Chief Executive Officer Peter Vuhyah said the Sacco remains committed to empowering members through innovation and improved service delivery. He noted that the adoption of digital platforms, including E-Loans, E-FOSA Loans, E-Guarantorship, and mobile banking services, has enhanced access to financial services for members across the region.
Management attributes the Sacco’s sustained growth to prudent financial management, strong governance, and the unwavering support of its members, particularly teachers from Kakamega, Vihiga, Busia, Bungoma, and neighbouring counties. The Sacco currently serves tens of thousands of members and has expanded its footprint across Western Kenya.
The Sacco’s success has also translated into higher returns for members. In its latest financial year, IG Sacco declared dividends and interest amounting to over KSh1 billion, providing teachers and other members with additional income to support their investment and development goals.
As financial pressures continue to affect many households, IG Sacco’s management believes cooperative savings and affordable credit remain critical tools for economic empowerment.
The institution says it will continue rolling out innovative products aimed at helping teachers and other members invest, grow wealth, and secure their financial future.
