About Lompasago Sacco Society – Lompasago Regulated (NWDT) Society LTD

About Lompasago Sacco

Lompasago Sacco Society(Regulated by SASRA) was registered in 20th June, 1980 by the Commissioner of Co-operative Development, under Co-operative Society’s Act Cap 490 section 7 of the Laws of Kenya, as an initiative the Kenya union of printing workers after realizing the problems facing its members in the printing industry. The By-Laws were later amended to accomodate all other professions like Pharmaceuticals, Electrical Engineers, Hardware and Software dealers, wood makers etc

The Society’s main aim is to promote the economic interests of members by encouraging thrift through the mobilization of deposits, savings and investments. Since inception, the society has undergone a series of transformation which include introduction of various products and services.

Our Mission

To improve the socio-economic status of members, customers, and the community at large through savings mobilization, affordable credit provision, investment, and educate

Motto

Your Financial independence is our priority

Our Values

To realize Our Vision and Mission, The sacco recognizes the need to nurture and be guided by certain core values in its business.

Lompasago commits itself to:

Integrity.
Co-operation and TeamWork.
Creativity and innovativeness.
Social responsibilty.
Accountability and transparency.
Considerate and fairness.
Efficiency and effectiveness.

Vision

To be the leading Sacco in the country in offering quality financial services to our members and customer

Our Guiding Principle

The Society has always been guided in its operations by the following co-operative principles:

Members-Voluntary and open membership.
Democratic member control.
Corporate Governance.
Autonomy and Independence.
Gender and Youth.
The Community co-operation among co-operatives and concern for community in general
in additional its pursuits of the virtues of accountability and transparency, commits to adhere to relevant legislation governing the operations of the co-operative movement.

A Model of Transparent Sacco Governance

At Lompasago NWDT Sacco Society, we pride ourselves on a robust governance structure that ensures transparency, accountability, and member-centric decision-making. Our Sacco is led by a dedicated board of directors, consisting of 12 esteemed members, who collectively oversee the strategic direction and operations of the society.

Heading this esteemed board is the Executive Committee, which comprises dynamic leaders with a wealth of experience in finance, management, and community development. The Executive Committee plays a pivotal role in guiding our Sacco towards sustainable growth and financial stability while prioritizing the needs and interests of our valued members.

Our governance framework is built on principles of integrity, ethical conduct, and prudent financial management. The board of directors and executive committee work hand in hand to uphold these principles, ensuring that every decision made aligns with our Sacco’s mission of empowering our members and fostering economic empowerment within our community.

Through regular meetings, transparent communication channels, and diligent oversight, our governance structure fosters trust, promotes inclusivity, and ensures that every member’s voice is heard. We are committed to maintaining the highest standards of governance, enabling us to serve our members with excellence and integrity.

Join us at Lompasago NWDT Sacco Society and be part of a financial institution that prioritizes good governance, member empowerment, and community impact.

OUR TEAM LEADERS

“Meet Our Esteemed Board of Directors at Lompasago NWDT Sacco Society!

The Sacco is Governed by 9 Elected Board of Directors who are supervised by a supervisory committee that consists of 3 members.

Our board members are the driving force behind our Sacco’s success, bringing a wealth of expertise, passion, and dedication to serving our members and community. Get to know the faces leading our journey towards financial empowerment and community development.”

"Meet Our Outstanding BOSA Team: Driving Excellence in Event Management!"

The operations of the sacco are run by 15 staff members who are led by the CEO, a stream that is responsible for the implementation of policies.

Our exceptional staff members work tirelessly day and night to ensure the seamless operation of events in the BOSA. Their commitment, expertise, and passion drive our success and elevate the experience for our valued members. Get to know the faces behind our efficient and dedicated team!”

SACCO MEMBERS

“Our membership base is diverse, comprising individuals from various employers across Nairobi and company branches outside the city. Currently, our Sacco boasts an impressive 3800 members hailing from 170 companies. We welcome groups and employers to join us, with a minimum membership requirement of just five employees per employer or group.

At Lompasago NWDT Sacco, we take pride in offering a comprehensive range of products and services tailored to meet the financial needs of our members. Our product lineup includes:

Savings and Investment Accounts: Secure and competitive accounts designed to help members grow their savings and achieve their financial goals.
Loan Products: Flexible loan options with competitive interest rates, tailored repayment plans, and quick approval processes to meet various needs such as education, housing, business, and emergencies.
Financial Education and Counseling: Access to expert guidance, workshops, and resources to improve financial literacy, budgeting skills, and money management.
Insurance Services: Protection for members and their families through affordable insurance plans covering life, health, and property.
Member Benefits: Exclusive perks, discounts, and rewards for active members, including access to events, networking opportunities, and community initiatives.

Join us today and experience the difference of being part of a dynamic and member-focused financial institution committed to your financial well-being and success.”