Chairman of the National Service and Walinzi SACCO Isaac Andabwa (second left) and Cabinet Secretary Wycliffe Oparanya (right) during the official launch of the sacco.
A sacco targeting workers in the private security sector has been launched in Nairobi, marking a significant turning point for Kenya’s frontline workers.
The National Service and Walinzi Sacco seeks to bring financial empowerment to thousands of unsung heroes with the support of Ministry of Co-operatives and MSME Development in partnership with key stakeholders.
Cabinet Secretary Wycliffe Oparanya praised the Sacco’s launch as a “shining example of deliberate financial empowerment” and a much-needed solution for private security officers and domestic workers.
These workers, who safeguard lives and property under often challenging conditions, have for years been excluded from the formal financial system, leaving them unbanked, under-resourced, and undervalued.
Oparanya expressed optimism, stating that the Sacco would provide members with a structured avenue for savings, responsible borrowing, asset-building, and, more importantly, financial dignity.
“This sacco marks a new beginning, one that opens doors for a future filled with opportunities,” Oparanya affirmed during the launch at Ulinzi Sports Ground.
He emphasised that the success of the initiative would depend on collective efforts, underscoring the importance of unity and strong leadership in transforming SACCOs into the biggest in the country.
The chairman of the National Service and Walinzi SACCO, Isaac Andabwa, echoed the CS’s sentiments, describing the launch as a “valuable opportunity to uplift serving Kenya’s servicemen and women.”
Andabwa reiterated his commitment to the cooperative’s mission to provide affordable credit, investment options, and broaden financial access while ensuring the sustainable growth of saccos.
“If we unite together with good leadership, we will become the biggest sacco in this country,” Andabwa boldly declared.
CEO James Ngari, in his address, captured the essence of the day’s significance.
“Today is not just the launch of a sacco-it’s the launch of hope,” Ngari said.
He encouraged members to dream big and seize the opportunity for financial freedom, dignity, and opportunity, promising that together, they would break barriers and build a better Kenya where every hardworking citizen could soar.
The Sacco’s offerings will include tailored financial services, such as salary advances, development loans, savings plans, and credit facilities, all designed to meet the unique needs of frontline workers.
Additionally, corporate partners, particularly in the private security sector, will benefit from payroll advances, asset financing, and invoice support, which will improve employee welfare and operational stability.
A key component of the Sacco’s strategy is the focus on financial literacy. The sacco plans to roll out financial education programmes, ensuring that members are well-equipped to manage their finances effectively and make informed decisions about saving, investing, and borrowing responsibly.
This initiative aligns with the government’s broader push to modernise Kenya’s cooperative movement, fostering greater financial inclusion across all sectors of society.
