Opinions & Commentaries – Page 4 – Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Why SACCOs are the best avenues for retirement investment plans

Sacco ReviewOctober 7, 2025October 7, 2025010 mins

Saving for retirement is one of the most important financial decisions individuals need to make during their working lives. It is essential to ensure financial security and peace of mind in one’s later years. However, many people struggle with planning for retirement due to limited access to pension schemes, financial illiteracy, or inadequate income. Savings…

Why SACCOs are yet to fully embrace Credit Information Sharing

Sacco ReviewSeptember 8, 202507 mins

Ms. Ndegwa, in an interview with SACCO Review, said that the use of credit scoring as an assessment tool when considering whether to give a loan product to a SACCO member is already happening, particularly where SACCOs are offering mobile loans. “Members apply for mobile loans on online platforms using the mobile app and the…

SACCOs should equip their staff adequately to serve members professionally

Sacco ReviewSeptember 6, 2025September 6, 2025011 mins

Among the seven principles of cooperatives/saccos, principle number five talks about Education training and information to members and general public. It encourages that members, stakeholders and the public need to be taught, trained and given information on the operations of the cooperatives. This principle has been adopted and exercised in almost all cooperatives over a…

Are cooperators prepared for a tough economic season?

Sacco ReviewSeptember 2, 2025011 mins

The cost of living is going high day by day in Kenya and Kenyans are finding it difficult to survive the tough economy. There has been ongoing increase in the prices of goods for the business people getting almost un affordable. Basic necessities like food are also getting expensive which have negatively impacted people’s quality…

Why education for members is key to co-operative transformation

Sacco ReviewSeptember 2, 2025September 3, 202509 mins

In discharging their mandate in line with the fifth co-operative principle as published by the International Co-operative Alliance, co-operative institutions all over the world take the initiative of providing education and training for their members, elected representatives, managers and employees to enhance their capacity to effectively contribute to the development of their co-operative organizations. That…

The perils of lending out money to a friend

Sacco ReviewSeptember 1, 202509 mins

The easiest way to lose a long-time friend is to lend them money. On paper, it may sound like a small act of kindness, the natural thing to do when someone you care about is in need. But in practice, it often marks the beginning of a slow, painful erosion of the bond you thought…

Common mistakes Sacco members should avoid in financial planning

Sacco ReviewAugust 29, 202505 mins

Financial planning is a critical aspect of achieving long-term financial success for any serious individual, more particularly members of Savings and Credit Co-operatives (Saccos). However, even the best-intentioned plans can go astray if you make mistakes along the way. Here are some common mistakes that Sacco members should always learn to avoid in their financial…

Affordable housing scheme to create a mini Muthaiga in Mathare, super Karen in Kibra

Sacco ReviewAugust 4, 202509 mins

If you spent a day walking through the slums of Kibra or Mathare and later strolled through the leafy suburbs of Muthaiga or Karen, you would understand that the government’s affordable housing scheme is not just about buildings – it is about restoring the dignity of human life. The contrast is more than just about…

Understanding US trade tariffs and how it affects businesses globally

Sacco ReviewAugust 4, 202509 mins

Trade is a major part of how the world works. Countries buy and sell goods and services across borders to meet needs, support industries, and build relationships. But trade is not always free. Sometimes, governments place taxes on goods that come from other countries. These taxes are called tariffs. In the United States, tariffs have…

How SACCOs can be profitable amid digital disruption

Sacco ReviewJuly 10, 202507 mins

In recent times, rumors have swirled around how some Savings and Credit Cooperatives (Saccos) have been hit by a run, and while it might be true that some Saccos might have issues, it is not true that these financial institutions as a vehicle for lending and saving are on trial. True, like a savings instrument,…