Usalama wa Raia leads Tanzania’s 20 largest SACCOS 2025

BY GODFREY NNKO

USALAMA wa Raia SACCOS Ltd has emerged as Tanzania’s largest Savings and Credit Cooperative Society (SACCOS) by total assets in 2025, with assets valued at TZS 201.84 billion, according to data published by the Tanzania Cooperative Development Commission (TCDC) under the Ministry of Agriculture.

Tanzania top 7 SACCOS total asset valuations (2025) according to Tanzania Cooperative Development Commission (TCDC) report.

The figures, presented in Table 15 of the report titled The 20 SACCOS with the Largest Total Assets, compare the financial positions of the leading SACCOS in 2025 with those recorded in 2024.

Usalama wa Raia SACCOS Ltd maintained the top position, increasing its total assets from TZS 163.03 billion in 2024 to TZS 201.84 billion in 2025, representing a reported growth rate of 23.81%.

Ngome SACCOS Ltd ranked second, with total assets rising from TZS 161.81 billion in 2024 to TZS 185.04 billion in 2025, equivalent to a reported growth rate of 14.36%.

TRA SACCOS Ltd occupied third place, recording total assets of TZS 115.43 billion in 2025, up from TZS 106.66 billion in 2024, representing growth of 8.22%.

TANESCO SACCOS Ltd ranked fourth, with assets increasing from TZS 72.67 billion in 2024 to TZS 82.39 billion in 2025, a reported growth rate of 13.38%.

Hazina SACCOS Ltd completed the top five, recording total assets of TZS 49.43 billion in 2025, compared with TZS 36.27 billion in 2024, representing growth of 36.28%.

Nyumbu SACCOS records highest growth rate

Among the 20 SACCOS listed, Nyumbu SACCOS Ltd recorded the highest reported growth rate at 45.99%. Its total assets increased from TZS 31.29 billion in 2024 to TZS 45.68 billion in 2025, placing it seventh in the overall ranking.

Other SACCOS that recorded strong growth included Hazina SACCOS Ltd, whose assets grew by 36.28%, and UMEME SACCOS Ltd, which recorded a reported growth rate of 35.66%.

UMEME SACCOS Ltd’s total assets increased from TZS 8.75 billion in 2024 to TZS 11.87 billion in 2025, placing it twentieth on the list.

Tanzania Prisons Staff SACCOS Ltd ranked sixth, with assets of TZS 45.82 billion in 2025, up from TZS 36.28 billion in 2024, representing growth of 26.30%.

Wazo Hill SACCOS Ltd recorded growth of 24.68%, with assets rising from TZS 10.09 billion to TZS 12.58 billion.

Usalama wa Raia SACCOS Ltd and Bandarini SACCOS Ltd both recorded reported growth rates of 23.81%, although their total asset values differed substantially.

Uhamiaji SACCOS Ltd recorded growth of 21.02%, while JKT Staff SACCOS Ltd registered 20.05% growth. PCCB SACCOS Ltd recorded a reported growth rate of 19.77%, followed by Hai Rural Teachers SACCOS Ltd at 16.45%.

Ngome SACCOS Ltd and TANESCO SACCOS Ltd recorded growth rates of 14.36% and 13.38%, respectively.

TRA SACCOS Ltd, CRDB Workers SACCOS Ltd, Lulu SACCOS Ltd, Moshi Rural Teachers SACCOS Ltd, ELCT Northern Diocese SACCOS Ltd and Tumaini SACCOS Ltd also recorded increases in total assets, although at varying rates.

Posta na Simu SACCOS Ltd was the only institution among the 20 to record a decline in total assets. Its assets decreased from TZS 12.45 billion in 2024 to TZS 12.14 billion in 2025, representing a reported negative growth rate of 2.49%.

Full Ranking of the 20 Tanzania largest SACCOS by total assets

Source: Ministry of Agriculture, Tanzania Cooperative Development Commission (TCDC), Table 15: The 20 SACCOS with the Largest Total Assets (TZS Billion).