A sterile suture anchor and insertion kit with the suture anchor having a cylindrical body portion with a generally tapered distal end portion and flat end. A plurality of parallel longitudinal grooves are cut into the cylindrical body and a connecting throughgoing bore is cut through the cylindrical body engaging the plurality of longitudinal grooves. An inserter driver is adapted to be mounted to the suture anchor, the driver comprising a handle with a drive shaft mounted to the handle, and a slidable sleeve mounted on the drive shaft which holds the suture anchor. A guide member comprising a handle with a hollow sleeve extending therefrom is used to hold a punch against the area on which a blind bore is formed to form the blind bore after which the inserter driver is mounted in the guide member sleeve to guide the slidable sleeve of the inserter driver and associated suture anchor into the blind bore.