Digital Leap for Kenya's Largest Sacco

Mwalimu National, Kenya's largest Savings and Credit Co-operative Organisation (Sacco), has announced a strategic partnership with Integrated Payment Services Limited (IPSL), the operators of the Pesalink platform. The collaboration, confirmed on Tuesday, 4th November 2025, EAT, will empower Sacco members with the ability to conduct instant account-to-account money transfers.

This development is a core component of Mwalimu Sacco's broader strategy to digitize its financial services, aiming to provide faster and more convenient access to funds for its members, who are predominantly from the education sector. Members can now send and receive up to KSh 999,999 instantly at any time through the Sacco's existing digital channels, including the MwalimuHela App, the members' web portal, and USSD services.

Enhancing Financial Access for Educators

During the partnership signing, Mwalimu Sacco Chief Executive Officer, Kenneth Odhiambo, emphasized the importance of immediate and reliable service for the Sacco's members. "Mwalimu Sacco members deserve fast service with no delays. By integrating to Pesalink, we will be able to deliver reliable access to money when members need it," Odhiambo stated. He further highlighted the critical role of teachers in the nation's development, adding, "Teachers support the country every day. This partnership supports them with simple financial access." Odhiambo's leadership in driving growth and financial inclusion was recently recognized when he was named CEO of the Year in the Saccos and Microfinance category at the 2025 Strategic Business & Leadership Awards.

The integration with Pesalink is set to significantly improve the financial agility of teachers and other salaried workers within the Sacco. It allows them to manage urgent expenses, such as family needs and bill payments, without the constraint of traditional banking hours. Furthermore, the partnership is expected to benefit Micro, Small, and Medium Enterprises (MSMEs) connected to the education ecosystem, such as school suppliers, by facilitating smoother and more efficient client and supplier payments.

Streamlining Operations and Future Outlook

IPSL Chief Executive, Gituku Kirika, noted that the collaboration underscores the practical benefits of real-time payment systems. "This partnership highlights the practical impact of real-time payments. Members will get instant access to loans and savings from the Sacco anytime," Kirika said. He explained that the "fast, affordable movement of funds supports financial progress for workers and businesses connected to education."

Beyond member-facing benefits, the Pesalink integration will streamline Mwalimu Sacco's internal operations. The automation of loan disbursements and faster internal settlements is anticipated to reduce queues at branches, minimize manual workloads, and decrease reconciliation challenges. This operational efficiency aligns with the Sacco's recent strategic initiatives, including the launch of a chequebook service in September 2025, aimed at diversifying revenue streams beyond reliance on member deposits and loan repayments.

The move represents a significant trend within Kenya's influential cooperative sector, where leveraging financial technology is becoming crucial for retaining and attracting members in a competitive landscape. By embracing digital platforms like Pesalink, Mwalimu Sacco not only enhances its service delivery but also reinforces its position as a leading financial institution in the region, committed to shaping the financial future of its members.