Metropolitan Teachers Sacco which has been a teachers' borrowing and lending financial institution for the last 38 years will now be open to all people.
This was announced by the Sacco Chairman Francis Ng'ang'a during an Annual General Meeting (AGM) held in Limuru, Kiambu Town last weekend.
"The Sacco has grown from a handful of members on inception to more than 60,000 members currently and we want to continue growing," said Ng'ang'a.
He added that they have since sought the amendment of the terms under which the Sacco was registered to allow people that are not teachers to join the Sacco.
"We want to cast the net wider to bring people employed by government, private institutions, business people and everybody else on board", he added.
Ng'ang'a has also announced that members will also be able to own houses in gated communities through mortgages.
"We are living in times when people want to buy plots and own houses and that is why we will be giving mortgages to members," Ng'ang'a added.
The Limuru based Sacco was operating as Kiambu Teachers Sacco Society until 2009 when it was granted the change of name certification.