What is Unaitas?
Founded in 1993, Unaitas Sacco Society operates as a prominent savings and credit co-operative in Kenya, serving a diverse membership base that includes individual savers, investment groups, and small-to-medium enterprises. The firm functions as a critical financial intermediary, providing essential credit facilities and savings products that drive local economic participation. By maintaining a headquarters in Nairobi, Unaitas effectively bridges the gap between traditional banking services and the specific needs of the Kenyan grassroots economy, fostering financial inclusion through a member-centric cooperative structure.
How much funding has Unaitas raised?
Unaitas has raised a total of $1.7M across 1 funding round:
Private Equity
$1.7M
Private Equity (2021): $1.7M with participation from Oikocredit
Key Investors in Unaitas
Oikocredit
Oikocredit is a global social impact investor that provides financing to local partners in financial services, agriculture, and renewable energy to foster sustainable development.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Unaitas?
Looking ahead, the strategic deployment of the $1.7M will likely focus on digital transformation and the modernization of credit delivery systems. As the cooperative navigates the evolving regulatory environment in Kenya, the focus will remain on maintaining liquidity while expanding its loan portfolio to support small business growth. The organization is expected to prioritize the integration of advanced financial technology to streamline member onboarding and improve service delivery efficiency. This strategic roadmap aims to solidify Unaitas's market share, ensuring long-term sustainability and continued value creation for its members in an increasingly digitized financial ecosystem.
See full Unaitas company page