Oywa SACCO Society was registered on in the year 2018 under the Co-operative Societies Act Cap 490 Laws of Kenya as limited liability society in order to mobilize savings and provide affordable credit facilities. The SACCO draws its membership from the people of Nyakach by birth or assimilation. The membership is currently drawn from the business community, Civil servants, entrepreneurs and other employees of the private sector.

Oywa SACCO Society loan policy is governed and regulated by Co-operative Societies’ Act and Rules, Circulars from the commissioner for Co-operative Development, the societies’ own by laws and management policies.