Sacco

11 Articles
Kenyan currency
FEATURED ARTICLE

SACCO Loans for Land and House Purchases fall to KSh32.7Bn In September

SACCOs (Savings and Credit Cooperative Societies disbursed loans to members seeking to purchase land or a house totalling to KSh 32.7 Billion according...

Cooperatives & MSME Development CS Wycliffe Oparanya.
BUSINESS

Govt Moves to Rescue SACCO Members Following Massive Losses

Millions of Kenyans who rely on Savings and Credit Cooperative Organisations (SACCOs) are finally seeing signs of relief after a series of shocking...

Deposit Guarantee Fund
BUSINESS

SACCO Managers Differ Over Proposed Ksh 180 Million Safety Net

Deposit Guarantee Fund will be under a trustee and oversighted by the SACCO Societies Regulatory Authority

Safaricom Investment Co-operative Board Secretary Judy Rono and CEO Sarah Wahogo
SMART MONEY

Why You Should Consider Joining a Co-operative Society

Suppose you have made the wise decision of saving and investing for your future, where would you put your money? In a co-operative...

IG Management meets Kakamega journalists
BUSINESS

IG Steps Up Efforts To Expand Its Presence In Western Kenya

Invest & Grow (IG), the Kakamega-based Sacco, has reported growth its business despite the economic disruption caused by the Covid-19 pandemic. IG Managing...

FEATURED ARTICLE

Radical proposals to tame rogue Saccos

The Sacco Societies Regulatory Authority (SASRA) has signed a Memorandum of Understanding with the Ethics and Anti-Corruption Comission (EACC) that proposes radical changes...

SMART MONEY

Sh50 Daily Saving Grows into Sh100m House

Mentioning Ksh50 doesn’t excite in these hard economic times. However, humble as it appears, saving Ksh50 a day, which translates to Ksh350 a...

Money Shilling
FEATURED ARTICLE

Stima Sacco members get Sh2bn payout

[dropcap]S[/dropcap]tima Sacco has defied the tough economic times to announce a 14% dividend payout as well as 12% interest rebates to its shareholders,...

FEATURED ARTICLE

Residents turn WhatsApp group into a Sacco

Members of a WhatsApp group in Busia County have made history after successfully turning the group into a Sacco to empower themselves economically....