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Our history

Our History

A History Of Growth And Innovation

Initially, the Sacco started as Union Banking Section (UBS) of Kirinyaga District Co-Op Union (KDCU). The section was formed in the year 1972. It was regarded as the only section which offered financial services to Kirinyaga District Farmers who were mainly coffee and Tea growers.

KDCU had other sections like, Land section, Farm Store Section, Banking section and Housing section. Among the sections, UBS would make more profit comparing to other sections. The profit made by banking section was used to boost other sections hence making it difficult for the section to perform optimally, this provoked rebellion and desire for autonomy.

In the year, 1998, Kirinyaga District Farmers Sacco Society (KDFSS) was born. The autonomous institution continued to serve the larger Union members.KDFSS inherited approximately 1,000 members from UBS.

KDFSS eventually rebranded to Fortune Sacco in the year 2008.The membership has tremendously grown to 105,000 members.

 

Established as Union Banking Section of Kirinyaga District Co-Op Union

Initially, the Sacco started as Union Banking Section (UBS) of Kirinyaga District Co-Op Union (KDCU). It was regarded as the only section which offered financial services to Kirinyaga District Farmers who were mainly coffee and Tea growers.

Rebrands as Kirinyaga District Farmers Sacco Society

Registered as Kirinyaga District Farmers Sacco Society after the transformation of Kirinyaga District Co-operative Union banking section to be autonomous.

Rebrands as Fortune Sacco Society Ltd

The Sacco changed its name to Fortune Sacco Society, a name that gives us a national identity which appeal to everyone who is seeking financial services.

We have over Ksh. 3.5 Billion in assets and enjoy a membership of over 10,000 members”

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2019 Financial Statement

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