Founded in 1970’s
The Capital Sacco drew its members from farmers belonging to various primary marketing societies who were mostly from coffee and tea farmers.
Capital Sacco is offering savings and credit services to its members to undertake economic activities to improve their income and welfare.
On 3rd February 2005 following the split of the giant Meru Central Farmers’ Co-operative Union (MCFCU) into independent business units, the Union Banking Section was transformed into a Rural Sacco and was duly registered under the Co-operative Societies Act as a legal entity.
During registration it was called Meru Farmers Sacco but the name was later changed to Capital Sacco in the year 2012 after rebranding.
Capital Sacco is run by 7 directors elected directly by members at the grass root levels. The Society uses delegate system whereby 50 delegates attend General Meetings. There is a Supervisory Committee of three members elected from the three regions.