Co-op News - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Sh3.92bn Sacco deductions unremitted, SASRA says

Sacco ReviewSeptember 28, 202603 mins

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…

Saccos make Sh8.34bn provisions for KUSCCO exposure

Sacco ReviewSeptember 28, 202605 mins

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…

Half a million Kenyans join Saccos, membership hits 7.875 million

Sacco ReviewSeptember 28, 202604 mins

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…

Sacco sector assets hit Ksh1.278 T by August 2026

Sacco ReviewSeptember 28, 2026September 28, 202605 mins

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…

Kenya mortgage loans hit Sh307.2bn as rates fall

Sacco ReviewSeptember 28, 202607 mins

Mortgage lending expanded as borrowing costs eased Larger loans accounted for much of the growth in the market Banks continue to face rising pressure from mortgage defaults and housing costs Kenya’s mortgage book grew 10 percent to Ksh307.2 billion in 2025 as rates eased, though bad loans rose, the Central Bank of Kenya reports. Outstanding…

Over 600 Saccos exit credit bureaus, CBK data shows

Sacco ReviewSeptember 26, 202605 mins

621 non-deposit taking Saccos left Kenya’s credit information sharing system in 2025 Sacco participation in CRB data sharing fell sharply as third party sources also declined Rising demand for credit reports highlights the growing role of borrower data in lending decisions More than 600 non-deposit taking Saccos dropped out of Kenya’s credit information sharing system…

Kwale farmers get Sh18.7m boost for agriculture

Sacco ReviewSeptember 25, 202604 mins

Farmer organisations in Kwale are set to receive new support for agricultural activities The funding is expected to help groups improve production and access better markets Beneficiaries are being urged to use the support to strengthen incomes at household level Kwale farmers are set to benefit from a Ksh18.7 million grant issued to 20 Saccos…

Siaya Saccos receive Sh9.9m boost for farmer lending

Sacco ReviewSeptember 25, 202603 mins

Saccos in Siaya are set to expand support for farmers and vulnerable groups New funding is expected to strengthen lending capacity across beneficiary cooperatives The county is rolling out a wider plan to strengthen Saccos across its wards Saccos in Siaya County are set for a financial boost after receiving Ksh9.9 million in matching grants…

Defence Sacco visits UN Sacco for benchmarking session

Sacco ReviewSeptember 24, 202603 mins

Defence Sacco delegation visits UN Sacco to learn from its operations Member service takes centre stage during the benchmarking engagement The two Saccos exchange practical approaches on improving service delivery Defence Savings and Credit Cooperative Society (Sacco) has visited United Nations DT Sacco for a benchmarking session on operations and member services. Defence Sacco’s delegation…

Imarika Sacco opens recruitment for three job positions

Sacco ReviewSeptember 24, 2026September 24, 202602 mins

Imarika Sacco opens opportunities for professionals across three operational roles Applicants have until October 6 to submit their applications The recruitment targets candidates with experience in finance, records management and office support Imarika Sacco has opened recruitment for three positions as it seeks to strengthen its workforce. The Sacco is hiring for the positions of…