Gusii Mwalimu Sacco Society was started with the following main objectives:

  • To encourage thrift among members by affording them an opportunity for accumulating their savings.
  • To create a pool of funds for credit, this shall be lent out to qualified members.
  • To improve the economic wellbeing of its members.
  • To research into new products that will promote the economic base of its members.

(a) Open and voluntary membership.

The Society’s doors are open for membership to all who wish to join it as long as they are within the accepted common bond. Members are free to withdraw their membership if they so wish provided they clear all their outstanding obligations with the Society and notify respective guarantors

(b) Democratic control.

The members enjoy rights to vote and participate in making decisions affecting the Society through their elected delegates. A member has a right to one vote in the general meeting.

(c) Non- discrimination.

The Society does not discriminate against its members on account of their political, religious, race and gender diversities.

(d) Co-operation among co-operatives.

The Society recognizes the necessity of strengthening its bond with other affiliate Co-operative organizations. This is based on the value of solidarity. By cementing strong bonds of co-operation with other co-operatives, the Society is and has been able to achieve more.