Sacco Review

Dr Ahmed Sheikh Takoy, PhD in Organizational Development. PHOTO| courtesy

Banking resilience in a fragile State: Lessons for governments and investors from South Sudan

Banks faced pressure from conflict, inflation and currency shortages Digital banking helped institutions maintain services during disruption Strategic adaptation and resilience shaped banks’ ability to survive When South Sudan gained independence in July 2011, banks were among the first businesses to arrive. Regional lenders, domestic investors and joint ventures opened branches in Juba and other…

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A new pastoral vehicle financed by Waumini Sacco for the Catholic Women Association of Holy Cross Ramba Parish in Kisumu. PHOTO| Courtesy

Waumini Sacco finances new pastoral vehicle for parish

Parish expands transport capacity for pastoral activities Sacco financing supports institutional asset acquisition Catholic institutions can access dedicated membership and loan products Waumini Sacco has financed a new pastoral vehicle for the Catholic Women Association (CWA) of Holy Cross Ramba Parish in the Catholic Archdiocese of Kisumu, expanding the role of Sacco financing in supporting…

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Co-operatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya speaks during the launch of the Sacco Supervision Report 2025. PHOTO| Courtesy

Sacco loans surge to Sh948.7bn as land, housing lead

Lending expanded across key areas of member needs Some Saccos recorded faster loan growth than others Loan performance showed signs of improvement during the year The loan portfolio of regulated Savings and Credit Cooperative Societies (SACCOS) expanded by 12.25 per cent to Ksh948.67 billion in 2025, with land and housing emerging as the largest beneficiary…

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Imarika DT Sacco headquarters in Kilifi Town.- PHOTO| Courtesy

KUSCCO collapse: Imarika Sacco says exposure fully covered

Imarika DT Sacco says it fully provided for its KUSCCO exposure by 2025 The Sacco says its capital and liquidity position enabled it to maintain member payouts Imarika has tightened investment and risk controls following the KUSCCO crisis Imarika DT Sacco says it fully provided for its Kenya Union of Savings and Credit Cooperatives (KUSCCO)…

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SASRA acting CEO
Chief Executive Officer of the Sacco Societies Regulatory Authority (SASRA), David Sandagi-Photo|Courtesy

Sh3.92bn Sacco deductions unremitted, SASRA says

Thousands of Sacco members were affected by delayed remittance of payroll deductions County governments and assemblies accounted for the largest share of unremitted funds The delays come as regulated Saccos continue expanding their assets and digital services More than 104,000 members of Savings and Credit Co-operative Societies (Saccos) were caught in delayed remittances in 2025…

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Co-operatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya speaks during the launch of the Sacco Supervision Report 2025. PHOTO| Courtesy

Saccos make Sh8.34bn provisions for KUSCCO exposure

Saccos have set aside billions as losses tied to their KUSCCO investments KUSCCO is moving towards liquidation after members approved the process Sasra is strengthening digital supervision as new financial and cyber risks emerge Savings and Credit Co-operative Societies (Saccos) that had invested shares and deposits with the Kenya Union of Savings and Credit Co-operatives…

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MSME banking goes digital as lenders add cash flow tools

Banks are adding cash flow tools and bookkeeping support to MSME platforms Digital services are making payments, account management and loan applications easier New credit scoring approaches could widen access for underserved small businesses Kenyan banks are handing small businesses cash flow forecasting tools, bookkeeping help and online loan applications, the central bank reports. Behind…

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Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya.- PHOTO| Courtesy

Half a million Kenyans join Saccos, membership hits 7.875 million

Nearly half a million new members joined regulated Saccos during the year Growing deposits and loans reflect rising demand for Sacco financial services Member protection and trust remain key as the sector expands rapidly Nearly half a million Kenyans joined regulated savings and credit co-operative societies (SACCOs) in 2025, pushing total membership to 7.875 million…

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SASRA Chief Executive Officer David Sandagi speaks during a past event.- PHOTO| Courtesy

Sacco sector assets hit Ksh1.278 T by August 2026

Regulated Saccos continued to expand their financial footprint in 2026 Members borrowed billions for housing, education and agricultural activities Digital services are widening access as Saccos face challenges over unremitted deductions Kenya’s regulated Saccos grew total assets to Ksh1.278 trillion by August 31, 2026, underscoring their growing role in financial inclusion. The regulated Sacco sector…

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Nairobi International Trade Fair opens with climate smart farming focus

More than 500 exhibitors are showcasing products, technology and services Climate smart farming and export opportunities are taking centre stage at the fair Jamhuri Park is undergoing upgrades as organisers prepare for growing trade activity The Nairobi International Trade Fair has opened at Jamhuri Park today with over 500 exhibitors, a climate smart theme and…

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