Tag: Saccos

WOCCU Lists Regulatory Issues Hurting Credit Unions

The World Council of Credit Unions (WOCCU) says credit unions and financial cooperatives worldwide still face challenges in reaching out to unserved markets and vulnerable populations.

Kwara Targets Thousands Of Saccos In Kenya Through New Regional Offices

Digital banking platform Kwara has opened regional offices in Kenya as part of its expansion strategy. The company has placed permanent regional representatives in the Western, Central, Rift Valley and Coastal regions of Kenya. The company offers a digital banking platform that transforms existing credit...

CBK Reinstates Transaction Charges on Sacco Mobile Money Wallets

CBK stated that the resumption of charges would be subject to review in line with principles announced in December 2020 of customer centricity, transparency and disclosure, fairness and equity, choice and competition and affordability.

Kenyans Delisted from CRBs as CBK Seeks Taming Shylocking

and Borrowers previously “blacklisted” for amounts less than Ksh 1,000 will be “delisted.”

Six Most Popular Loans Offering Quick Cash

Micro-lenders are effectively filling the gap left by over-cautious commercial banks and saccos in the credit market.

Sacco Members Get Discount on StarTimes Digital TV sets

The pay-television company will provide StarTimes digital television sets at between 8% and 10% discount to all members of saccos.