SACCOs in Kenya: A homegrown path to wealth creation
Savings and Credit Cooperative Organizations (SACCOs) have long stood as pillars of Kenya’s financial landscape, offering an inclusive, grassroots model ...
Sunday, July 13, 2025
Tag: SACCOs
SACCO’s at the heart of rural financial inclusion in Kenya
In much of rural Kenya where banking services remain out of reach for many due to challenges like long distances to banks and strict loan ...
Oparanya praises SACCO performance, calls for new governance reforms
Cabinet Secretary for Cooperatives and MSMEs Development, Wycliffe Oparanya, has praised Savings and Credit Cooperative Organizations (SACCOs) for their role ...
SASRA pushes for SACCO reform as dormant memberships climb to 1.45 million
The number of dormant memberships in Kenya's regulated Savings and Credit Cooperative Organizations (SACCOs) increased to 21.15% in 2023, up ...
Rise of Sacco deposits amid economic challenges
Data from the State Department of Cooperatives reveals savings and credit cooperative societies (Saccos) in Kenya witnessed a 15% growth ...
Why SACCOs are crucial in achieving affordable housing in Kenya
In 2021, the Kenya Mortgage Refinance Company (KMRC) successfully standardized mortgage origination processes for participating Savings and Credit Cooperative Societies ...
Affordable Housing Program – A Step in The Right Direction
There is a significant housing deficit in urban areas where more than 60 percent of urban dwellers live in low-quality ...
Government Targets SACCOs to Grow Affordable Housing Uptake
The ministry of Co-operatives, and Micro, Small and Medium Enterprises Development will work with Kenya Revenue Authority and Retirements Benefits ...
