Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Mwalimu National DT Sacco has launched its first sustainability report outlining its ESG progress and governance initiatives. The Sacco reduced its non performing loan ratio to 2.4 per cent, resolved 2,384 member complaints and planted 17,000 trees and mangrove seedlings. The report highlights the Sacco’s commitment to sustainability, transparency and long term growth. Mwalimu National…
Ksh2.5 million was disbursed to bodaboda SACCOs in Kaiti, benefiting 1,200 riders. Leaders urged the groups to invest the funds in profitable projects. Mukuyuni Self Help Group received Ksh449,000 and plans to start a petrol station. Leaders have called on bodaboda Saccos in Kaiti constituency, Makueni County, to invest the Ksh2.5 million disbursed under a…
Naivasha cooperatives urged to comply with sector laws to improve member services. Members encouraged to engage actively during education sessions and annual general meetings. Wabomba calls for transparency, accountability and regular audits to build member trust. Naivasha Sub-County Cooperative Officer Hanifa Wabomba has urged co-operative societies in Naivasha and Gilgil sub-counties to strictly follow the…
NSSF Sacco is targeting Tier I status by the end of 2026 as it expands membership nationwide beyond its traditional National Social Security Fund employee base. The deposit-taking Sacco has nearly Ksh 5 billion in assets, a Ksh 4 billion loan book, Ksh 3.9 billion in member savings and plans to grow assets above Ksh…
Malindi Handcraft Cooperative Society’s turnover nearly doubled to Ksh 44.99 million in 2025 from Ksh 24.52 million in 2024. The society, founded in 1986 by 30 members, reported higher assets and share capital, and plans to recruit more members to strengthen its capital base. Chairman Cosmas Kyalo cited poor marketing during low tourist seasons and…
Government rules out term limits for Sacco directors, saying leadership should remain a democratic choice for members. Ministry plans to expand SASRA oversight to regulate all Saccos, strengthen governance and deploy technology for closer financial monitoring. Proposed Sacco Societies (Amendment) Bill, 2025 creates an independent Deposit Guarantee Fund Board to protect members’ deposits and improve…
Meru cooperatives are seeking Ksh2.2 billion to clear debts and revive key agricultural sectors. The funding would support coffee, dairy, cotton, avocado and Afya Millers Cooperative. Meru Dairy plans to expand processing capacity and diversify into fish feed and flour milling. The cooperative movement in Meru County is appealing for Ksh2.2 billion to settle historical…
Fahari Loan limit rises to Ksh 8 million. Normal and Super Loan limits have been increased. Members can now use land and buildings as loan security. Kenversity Co-operative Savings and Credit Society has revised its Fahari, Normal, and Super Loan terms, raising limits and repayment periods. The changes were approved by the society’s Board of…
NAKKONS Sacco unveiled seven new zero mileage vehicles to modernise its fleet. New vehicles are expected to cut maintenance costs and improve members’ earnings. Equity Bank financed the fleet expansion to strengthen transport operations and savings discipline. NAKKONS Sacco has flagged off seven brand-new, zero-mileage vehicles in Othaya, Nyeri County, marking a major step in…
Ports DT Sacco grew total assets by 17.5 per cent to Ksh12.4 billion in 2025. Active membership increased by 26.6 per cent, driven by recruitment and retention efforts. Members received a 20 per cent dividend on share capital and 12.5 per cent interest on deposits. There is a certain poetry in the fact that Ports…
