How teacher used Sacco loan to venture into lucrative onion farming
By Martin Ruto Martin Kororia is not only a passionate teacher, but he also loves farming. He is currently doing well in onion farming, which he is now considering expanding. …
Youths take back seat in key Sacco positions
Only 10.5 per cent of the DT-Saccos’172 CEOs are below 35 years latest Sasra data shows By Sammy Chivanga Young people are conspicuously missing from essential Savings and Credit Cooperative…
Saccos turn to marketing executives to grow membership
By Sammy Chivanga Savings and Credit Co-operative Societies (Saccos) are increasingly turning to marketing executives to recruit and retain new members as dormant members rise. This is a new trend…
Wananchi Sacco stands with members during Covid-19 period
By Staff Reporter Wananchi Sacco has come up with new strategies to curb any possible spread of the Coronavirus disease among its members and the community at large. The Sacco…
Kilifi County sets aside Sh1.6m for capacity building for new sacco staff
By Tsozungu Kombe Kilifi county will spend Sh1.6 million this year to conduct capacity building seminars for newly registered Sacco top officials. Speaking to Sacco Review , Kilifi County Cooperatives…
Saccos warned on risky borrowing to acquire assets
By Azael Masese Savings and Credit Cooperatives Societies (Saccos) must desist from investing members’ deposits or borrowing to put up rental or commercial buildings. Acting Cooperative Commissioner Geoffrey Njang’ombe noted…
As ATM use wanes, Saccos deepen digital services
By Sammy Chivanga Savings and Credit Cooperative Societies (SACCOs) are deepening digital services to conveniently serve customers as branches and Automated Teller Machines (ATMs) popularity drops. Many Saccos are now…
Saccos dangle goodies to attract big savers
By Sammy Chivanga Savings and Credit Cooperative Societies (Saccos) are now turning to a cocktail of reward schemes to recognise and retain big savers as well as encourage other members…
Only 3 per cent of women occupy top slots in Saccos
By Munene Maina Men dominate top management and leadership positions in Deposit-Taking Saccos new data shows. The Sacco Societies Regulatory Authority (Sasra) latest Sacco Supervision Annual Report, 2019 indicates men…
Kwara boosts Saccos mitigation of Covid-19
COVID-19 is accelerating SACCOs’ digital transformation. Covid-19 caught many businesses by surprise. One of the most affected sectors by the lockdown and social distancing measures implemented by the government was…