Gloha Sacco Limited is a Savings and Credit Cooperative Society duly registered under the Cooperative Societies Act. The Sacco was established in 2017 by members of Glorious Church tha later opened its membership to non-staff individuals sharing a common bond.
Since its formation, Gloha Sacco has experienced remarkable growth, expanding its footprint across several counties in Kenya. It currently operates branches in Kiserian, Kisii, Kericho, Busia, with its head office located in Kitengela, Gates House, next to National Oil Petrol Station.
According to the Sacco Chairman, Dr. Bishop Bonface Mang’eti, the institution started with a vision of economically empowering members of Glorious Church by helping them meet personal and family needs such as paying school fees, acquiring homes, purchasing vehicles, and growing financially.
“We began by encouraging members to be disciplined with their finances and to save the little they earned. God blesses those who prudently manage their resources,” said Dr. Mang’eti.
He noted that over time, the Sacco has grown into a trusted financial institution offering affordable loans, secure savings, and long-term financial empowerment to members.
Despite being in operation for less than a decade, Gloha Sacco has built confidence among members through structured savings programs, fair credit systems, and cooperative values that place members first.
Dr. Mang’eti further explained that the Sacco focuses on solving real-life financial challenges affecting ordinary Kenyans.
“Many people struggle to access reasonable financing to buy homes, vehicles, or boost businesses. At Gloha Sacco, we guide members and help them make those dreams achievable.”
The Sacco also emphasizes financial literacy by educating members before they make borrowing or investment decisions. Through transparent systems and member-focused services, Gloha Sacco has distinguished itself as one of the most promising Saccos in the country.
Changing lives through support
Many families have benefited from Gloha Sacco services. Numerous members have acquired vehicles, educated their children, and improved their livelihoods through consistent savings and access to affordable credit.
To join the Sacco, one is required to provide:
- A duly filled application form
- Copy of National ID
- Recent passport photo
- KRA PIN certificate
- Registration fee of Ksh 3,650
Registration fee is paid to: Pay bill 400200
A/c no. 40084477
- Loan Products Offered
Gloha Sacco provides a variety of loan products, including:
- Emergency Loans
- School Fees Loans
- Supernormal Loans
- Accelerated Loans
- Instant Loans
- Benevolent Loans
- Scholarship Loans
- House Ownership Loans
- Asset/Item Loans
- Development Loans
The Sacco charges one of the most competitive rates in Kenya:
- 1% monthly interest
- 12% annually
- Member Testimonies
Mama Mary, a member from Western Kenya, praised the Sacco after receiving financial support for her child’s education.
“I joined Gloha Sacco a few months ago after a friend referred me. After saving for a short time, I applied for a loan and received KSh 100,000 to take my son to college. In this economy, raising school fees is not easy, but Gloha made it possible.”
Residents from Western Kenya have also appealed to the management to consider opening a branch in Mumias or Kakamega to serve the growing number of interested members in the region.
Another resident noted that after the collapse of Mumias Sugar Company, the regional economy suffered greatly, and institutions like Gloha Sacco can help restore livelihoods through savings culture and affordable loans.
A Sacco for the New Generation
Many Kenyans reportedly learned about Gloha Sacco through Dr. Bishop Mang’eti’s radio interviews, where he explained the Sacco’s mission and products.
For many, Gloha Sacco represents financial hope, empowerment, and transformation for the current generation.
