Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Jackson Okoth Ol-Kalou-based Tower Sacco in Nyandarua County is set to open new branches in Nairobi and Narok counties, as more rural-based Saccos eye new opportunities and businesses in major urban centres. Most of these Societies are targeting women, the youth and those engaged in small and medium sized enterprises. Those who are engaged…
By Jackson Okoth A growing number of deposit-taking Saccos are reviewing their strategy on recruitment and lending to members involved in the informal and micro enterprise sectors. This has been occasioned by the high default rates by members from informal businesses. One such player is Wanandege Sacco Society, which has stopped recruiting members from the…
By Our Reporter Asili Sacco has maintained a steady growth in membership, members’ deposit and asset base to stand out among fast growing co-operative societies in the country. The Sacco shrugged off harsh economic realities in the financial year 2017 to post impressive financial performance. Its total asset base increased to over Sh 2.227 billion…
