OUR HISTORY
Setekimmoi SACCO & CBO
Building Financial Opportunities Through Unity
Our Journey Began with a Vision
The story of Setekimmoi began with a vision to unite, empower and improve the livelihoods of communities across Moiben Constituency in Uasin Gishu County, Kenya.
The initiative was championed by Hon. Silas Tiren, the then Member of Parliament for Moiben Constituency, together with his wife Claire, who recognized the need to improve access to financial resources and create economic opportunities for local communities, particularly women and youth.
Settekimmoi is an acronym for the five wards in Moiben Constituency—SE- Sergoit, TE- Tembelio, KI-Kimumu, KI-Karuna/Meibeki, and MOI-Moiben—and the initiative sought to bring the people of Moiben together through collective savings, financial cooperation, and community development.
The Beginning: Embracing Table Banking
Setekimmoi was established to address the financial challenges experienced by community members who had limited access to affordable credit and other financial services.
The initiative adopted the table banking concept, encouraging members to pool their savings and access financial support through a community-driven approach.
During its early development, membership consisted of approximately 70% women and 30% men, reflecting the strong participation of women in community savings initiatives.
However, the founders recognized the importance of creating a more inclusive platform that would serve the wider community.
The Establishment of Setekimmoi CBO
To promote broader participation and ensure that no one was left behind, Hon. Cyrus Tiren and his wife supported the establishment of Setekimmoi Community-Based Organization (CBO) alongside the SACCO initiative.
The CBO was intended to complement the financial activities of the SACCO by supporting community empowerment, youth and women’s development, and access to resources and opportunities.
This approach created a foundation for both financial empowerment and wider community development.
The Growth of Setekimmoi SACCO
On 13 April 2016, Setekimmoi SACCO was established as part of the broader effort to promote financial inclusion, savings and economic empowerment.
The SACCO developed around the cooperative principles of unity, shared responsibility and mutual support, providing members with opportunities to save, access loans and improve their financial well-being.
Through collective participation, Setekimmoi SACCO has continued working towards becoming a trusted financial partner for its members and their families.
Our Commitment to Community Empowerment
Setekimmoi SACCO and CBO share a commitment to creating opportunities that improve livelihoods and promote sustainable community development.
Their work emphasizes financial inclusion, savings mobilization, access to credit, youth and women’s empowerment, and community participation.
Guided by the values of Togetherness, Growth, Sustainability and Accountability, Setekimmoi seeks to strengthen communities through cooperation and shared progress.
Looking Towards the Future
From its beginnings as a community-driven financial initiative, Setekimmoi has developed a vision of lasting economic and social empowerment.
As the SACCO and CBO continue their respective activities, their shared aspiration remains to create opportunities that benefit individuals, families and the wider community.
Our Vision: To be the leading financial partner for members and their families.
Our Motto: WITH GOD EVERYTHING IS POSSIBLE.
Setekimmoi SACCO & CBO — Empowering Lives. Building Better Futures.
Covering the Full Spectrum of Global Financial Services
We Listen, Think Independently, Advise & Take Action
Togetherness
We uphold truthfulness and integrity in all our dealings.
Accountability
We take full responsibility for our actions and decisions.
Transparency
We ensure open communication and clear processes with our members.
Loyalty
We remain committed to our mission and to serving our community.
You’ll Know What
Registered for Your Confidence
Setekimmoi SACCO Society Ltd is a duly registered Savings and Credit Cooperative Society (Registration No. CS199922), established in 2016 to provide accessible, reliable, and member-focused financial services. Guided by the principles of integrity, accountability, and cooperation, we are committed to promoting a culture of saving, offering affordable credit solutions, and empowering our members to achieve sustainable financial growth. Our registration reflects our dedication to sound governance, regulatory compliance, and responsible financial management, giving every member the confidence to save, invest, and prosper with us.
Client Experiences That Speak for Themselves
“Setekimmoi SACCO helped me grow my small business with their affordable loans. I feel supported and part of a community that truly cares.”
“Partnering with Finovate was a game-changer for us. They took the time to understand our challenges and helped us streamline our operations for success.”
“I hired Finovate for a small project & was very happy. He not only answered all my questions, but he didn’t treat me like a “small project”.
I was very satisfied & would recommend.”
Financial Planing FAQ’s
Common questions on financial planning and investing
How can I become a member of Setekimmoi SACCO?
You can join by filling out a membership application form and submitting it along with a copy of your ID and a small registration fee at our office.
What types of loans do you offer?
We offer personal, business, agricultural, and emergency loans at a competitive interest rate of 1% per month.
Do I need collateral to get a loan?
No physical collateral is needed—Setekimmoi SACCO uses a guarantor system where other members can back your loan.
Can non-residents of Moiben join the SACCO?
Yes, while we are rooted in Moiben, membership is open to all individuals who share our values and goals.
