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Mission and visionNew Products
Value chain financing
WPS mission is to empower people by mobilizing financial resources and increase access to financial services for improvement and strengthening of the economic and social well-being of stakeholders. This being the case, WPS has committed itself to providing products and services that cater to the needs of the people within its areas of operation.
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Coffee Rehabilitation Loan
WPS in partnership with the government brings to its members, through the Coffee Development fund, The Coffee Rehabilitation Loan
This is a medium term credit facility provided by the Coffee Development Fund (Codf) to the coffee growers through Intermediaries or directly for the purpose of rehabilitating coffee trees. The facility is aimed at the trees with productivity of at least 1.0 Kg of cherry per annum; where improved production requires relatively more effort in terms of crop husbandry.
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Who We Are
Wakenya Pamoja Sacco Society Limited (WPS) was started by Kisii Farmers Co-operative Union (KFCU), whose societies were originally the major shareholders, in 1976 as a Union Banking Section of KFCU and became autonomous in 1992 under the name Gusii Farmers Rural Sacco Society Limited (GRFS). The Society has, with time, increased its scope of membership to include all farmers, civil servants, pensioners, business people, and other institutions' employees within her areas of operation.
The Society's headquarters is located in Kisii town, Kahawa House Opp. Gudka Westend, overlooking Daraja Moja. Together with this, the Society has a branch network in Ogembo, Nyamaiya, Keroka, Nyamarambe, Marani, Magombo, Kebirigo, and Nyamache. It also has paypoints in Nyamusi, Tabaka, Kenyenya and Ikonge. Apart from the branches and paypoints, the Society also, operates over 300 mobile paypoints which bring its services closer to its members. In furtherance to bringing services closer to customers, the Society has also teamed up with Co-operative Bank, through the Sacco Link Card, to provide members with ATM Cards to ensure that they have access to their money at all times wherever they are.
The Society was formed and operates under the Co-operative Society's Act and Rules, and its By-Laws. This is however going to change as the Government of Kenya has introduced the Sacco Act that will now govern and regulate the operations of all Saccos.
Coffee and tea farmers are the founders of the Sacco.
WPS is run through a Delegates System with the Annual Delegates Meeting as the supreme decision making body. It is managed by a Board of Directors, structured into various committees. The day to day running of the Society is by the General Manager and the staff.
The Society is structured into various departments namely: Finance, Operations, Credit, Marketing, Microfinance, Internal Audit, Information Technology, E-Banking and Human Resource. In an effort to satisfy the needs of the members/customers, the Society offers a variety of front office and back office products and services.