Acorn Sacco
Our commitment to transparency, accountability, and regulatory adherence
Acorn Sacco is a duly registered financial cooperative operating under the laws of Kenya. We are committed to the highest standards of regulatory compliance, member protection, and financial integrity. This page outlines our compliance framework and the regulations that govern our operations.
Registered and licensed under the Co-operative Societies Act (Cap 490) and supervised by the Sacco Societies Regulatory Authority (SASRA).
Member deposits and savings are protected in accordance with SASRA prudential guidelines and the Kenya Deposit Insurance Corporation (KDIC) framework.
Full compliance with Kenya's Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) regulations as prescribed by the Financial Reporting Centre (FRC).
Compliant with the Kenya Data Protection Act, 2019. Member personal and financial data is processed lawfully, fairly, and transparently.
Annual audited financial statements prepared in accordance with International Financial Reporting Standards (IFRS) and filed with the relevant authorities.
Governed by an elected Board of Directors in accordance with our bylaws, SASRA governance guidelines, and the Co-operative Societies Act.
Acorn Sacco is registered and regulated by the following authorities in Kenya:
Our registration ensures that we operate within the legal framework of Kenya's co-operative movement, meet minimum capital and liquidity requirements, and submit to regular regulatory examinations and reporting.
Acorn Sacco maintains a robust AML/CFT programme in compliance with the Proceeds of Crime and Anti-Money Laundering Act (POCAMLA) and the Prevention of Terrorism Act. Our programme includes:
We are committed to protecting the personal data of our members in accordance with the Kenya Data Protection Act, 2019 and its regulations. Key measures include:
For details on how we handle your data in the mobile app, see our Privacy Policy.
As a SASRA-regulated deposit-taking SACCO (DTS), Acorn Sacco adheres to the prudential guidelines issued by SASRA, including:
Acorn Sacco is governed by a Board of Directors democratically elected by members at the Annual General Meeting (AGM). The Board is supported by:
Board meetings, AGM resolutions, and financial statements are documented and available to members upon request in accordance with our bylaws.
The Acorn Sacco mobile application, developed and managed by Linkcore Technologies Ltd, is built and distributed in compliance with:
Members have the right to lodge complaints about Acorn Sacco's products, services, or compliance practices. Complaints are handled as follows:
Address: 2nd Floor, Acorn House, 97 James Gichuru Road, Lavington, P.O. Box 13759-00100, Nairobi, Kenya
This compliance page is reviewed and updated annually or whenever there are material changes to our regulatory obligations. Last reviewed: June 2026.