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Afya Sacco Chairman dies

Vitalis Peter Lukiri, the long-serving National Chairman of Afya Sacco has died. Family sources told Sacco Review that he passed on at Nairobi Hospital on Wednesday night after a short…

Amend by-laws to hold virtual AGMs

By Fred Sitati Annual general meetings remain the single most important occasions in the calendar for all cooperatives. They afford the ordinary members the opportunity to exercise their democratic rights…

Sacco Loan Book Grows Fastest in Four Years on Covid-19 Hardships

By Sammy Chivanga Savings and Credit Cooperative Organizations (Saccos) members tapped Sh54.19 billion additional loans last year on the back of coronavirus disruptions that hurt incomes for households. The new…

Saccos emerge from Covid-19 morass

By Sammy Chivanga Savings and Credit Cooperative Societies (Saccos) are recording a sharp rise in demand for development loans after the Covid-19 slump. Most Saccos are now happy that members…

Worry as Dormant Sacco Members Hit 1.4m Due to Economic Hardships

By Sammy Chivanga The number of dormant members in the Savings and Credit Cooperative Societies (Sacco) has risen by 79.55 percent to 1.37 million on increased job cuts and delayed…

Youth in Business Asked to Form Saccos for Advancement of Their Activities

Fredrick Odiero The Kisumu County Government has called upon youths who are engaged in various enterprises to form Savings and Credit Cooperative Societies (Saccos) in order to advance their activities. The…

Alarm as coffee thieves hit factories in Meru

By John Majau Security agencies in Meru County have raised an alarm after three coffee factories lost more than 360 bags of coffee valued at Sh5.8 million in the last…

Form groups to get loans, cassava farmers urged

By Tsozungu Kombe Cassava farmers in Malindi sub county in Kilifi county have been urged to form groups in a bid to secure loans from MicroFinance Fund from the Kilifi…

Youth in Business Asked to Form Saccos for Advancement of Their Activities

Fredrick Odiero The Kisumu County Government has called upon youths who are engaged in various enterprises to form Savings and Credit Cooperative Societies (SACCOS) in order to advance their activities. The…

Malava Teachers Housing Sacco Dismiss Claims of Funds Misuse

BY ANDANJE WAKHUNGU Officials at the Malava Teachers Housing Co-operative Society have come out to strongly condemn the utterances by the region’s Kenya National Teacher’s Union (KNUT) that there were…