The Society was Formed by Employees of the Bible Society of Kenya and United Bible Society and subsequently commenced its operations in 1976. It has since grown to a membership of about 10,000 and about 190 affiliate units. The area of operation is in the Republic of Kenya, but for organizations whose headquarters are in Nairobi.
The Society Serves Employees of Christian Evangelical Organizations (units) i.e. Churches, Church-sponsored autonomous organizations, Para_Church Organizations, Mission agencies, Christian Welfare groups and Christian NGOs.
To provide competitive and affordable loaning facilities to all members who would otherwise suffer economically. The Sacco operates under the philosophy of Pooling, sharing and prosperity.
To mobilize savings and deposits for loan granting to members and productive investments for the benefit of the members.
To promote the economic interests of the members thereby enabling them to increase their standards of living.
To ensure quality service to members.
The society shall operate under the following principles:
-The Lordship of Jesus Christ. -Democratic member control. -Autonomy and independence -Co-operation amongst co-operatives -Voluntary and open membership -Economic participation by members -Education, training and information -Concern for community in general